Transaction includes Travelers’ personal lines and most commercial insurance operations. The Travelers Companies Inc. will sell most of its Canadian insurance operations to Definity Financial Corporation for approximately CA$3.3 billion ($2.4 billion), the companies announced May 27. The transaction includes Travelers’ personal insurance business and the majority of its commercial insurance operations in Canada. Travelers […]
Classic Collision Acquires New Repair Centers in Alabama
Classic Collision, LLC, a leading national multi-site collision repair operator based in Atlanta, announced May 16 the acquisitions of Cockrell’s Body Shop in Bay Minette and Robertsdale, Ala. For 83 years, Cockrell’s Body Shop has served the Gulf Coast and Classic Collision is honored to carry forward Cockrell’s legacy and commitment to excellence for years […]
Lift Auto Group Acquires Collision Repair Center in Ontario, Canada
Lift Auto Group has acquired MCR Advanced Collision Center – Stratford located in Stratford, Ont. Canada. Newly named CSN Stratford, the shop owes much of its success to former owner Jeff McKone’s long family history in the industry. For 50 years, Jeff has been involved in collision repair. At 13 years old, Jeff started working […]
Australia’s IAG Acquires Royal Automobile Club of Western Australia Insurance Business
IAG today announced it will enter a strategic alliance with The Royal Automobile Club of Western Australia (RAC) that includes IAG’s purchase of the RAC Insurance (RACI) business and a 20-year exclusive distribution agreement for RAC branded home, motor and niche insurance products. The consideration comprises $400 million for 100% acquisition of RACI and $950 […]
Driving Force Collision Acquires Masano Auto Group Collision Repair Center
Driving Force Collision, backed by transportation investment firm TRP Capital, has acquired Tom Masano Auto Group’s 50,000-square-foot collision repair center in Reading, Pa. The transaction was facilitated by Focus Advisors. The Reading facility had made substantial investments in equipment, training, and certification to obtain manufacturer certifications from multiple major automotive brands. The operation serves Reading […]
Classic Collision Acquires First Repair Centers in Louisiana
Acquisition marks multiple collision repair shop operator’s entry into 21st state. Classic Collision, LLC announced the acquisition of its first collision repair centers in Louisiana. Fradella’s Collision Centers, established in 1982, is a family-owned auto body repair business serving the Greater New Orleans area with locations in Metairie, Chalmette, and Slidell. With the acquisition, Classic […]
Kirmac Collision & Autoglass Acquires Bannister Automotive Group Collision Repair Centers
Kirmac Collision & Autoglass has acquired Bannister Automotive Group’s collision centers in Kelowna, Vernon, Kamloops, and Chilliwack in British Columbia, Canada. The transaction was completed today, with Kirmac assuming operational control of these locations effective immediately. This acquisition expands Kirmac’s presence into the Thompson-Okanagan region of British Columbia, increasing its total operations to 27 locations […]
Classic Collision Acquires Repair Facility in Beaumont, Texas
Classic Collision, LLC announced April 25 that it acquired Glen’s Express Collision in Beaumont, TX. Glen’s Express Collision was established in 1979 and proudly family-owned ever since, Glen’s Express Collision now looks forward to joining the Classic Collision family, bringing its experienced team into an exciting new chapter. With the acquisition, Classic Collision operates 331 […]
Joe Hudson’s Collision Center Acquires Repair Facility in Alabama
Joe Hudson’s Collision Center (JHCC) announced the acquisition of Mike Smith’s Automotive Collision Center in Dothan, Ala. The new location is JHCC’s 43rd in Alabama and the second in Dothan, reinforcing the company’s commitment to deepening its presence in key markets. “This acquisition represents an important part of our growth strategy,” said Brant Wilson, CEO […]
Classic Collision Acquires 5 Repair Centers in Mississippi, Alabama
Classic Collision, LLC announced the acquisitions of Lones Body Shop in Huntsville, Ala. and Steed’s Collision Center in Miss. Steed’s Collision Center operates repair facilities in Biloxi, Ocean Springs, and Vancleave, known for its expert technicians, cutting-edge equipment, and commitment to restoring vehicles to factory standards. Certified by Tesla and I-CAR Gold Class, the company […]