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You are here: Home / Archives for Acquisitions

Maaco in Longwood, Florida Under New Ownership

May 22, 2024 By CollisionWeek Editor

Maaco announced that Maaco Longwood, located in Longwood, Fla., will now be owned and operated by Justin DePasquale, owner of Maaco Fort Myers, and Pete Huber, Maaco’s former regional director of operations turned franchisee. Since 1985, Maaco Longwood has provided its surrounding community with top-tier collision repair, personalized paint work, and premier customer service. For […]

Filed Under: News Tagged With: Acquisitions, Florida, MAACO

Crash Champions Acquires Two Collision Repair Centers in Atlanta Market

May 14, 2024 By CollisionWeek Editor

Crash Champions announced the expansion of its Atlanta, Ga. operating footprint with the successful acquisition of Bavarian Body Works. The May 10 acquisition adds two  collision repair centers located at 476 Cobb Pkwy SE in Marietta, Georgia, and 1491 Howell Mill Road in Atlanta. Bavarian Body Works transitioned operations to Crash Champions effective immediately as […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Georgia

Axalta Acquires CoverFlexx Group from Transtar Holding Company

May 13, 2024 By CollisionWeek Editor

Acquisition includes Transtar Autobody Technologies, Pro Form and Aftermkt Armor brands. Axalta Coating Systems (NYSE: AXTA) today announced an agreement to acquire The CoverFlexx Group from Transtar Holding Company for an initial cash consideration of $285 million, plus an additional $10 million earnout based on the business’s 2024 performance. The closing of the transaction is […]

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems, Transtar Autobody Technologies

Wesco Acquires Auto Color & Equipment in Missouri

May 13, 2024 By CollisionWeek Editor

The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced it has acquired Auto Color & Equipment. Auto Color & Equipment has been servicing Missouri since 1987. The owners, Wayne and Denise Edwards, took over in 1992 and have been committed to the industry and have been instrumental in shaping […]

Filed Under: News Tagged With: Acquisitions, Missouri, Wesco

Painters Supply and Equipment Acquires AeroCoat Source Inc.

May 13, 2024 By CollisionWeek Editor

Painters Supply & Equipment Co. (PSE) announced the acquisition of AeroCoat Source Inc. Established in 1999 and headquartered in Maple Shade, N.J., AeroCoat distributes high- quality coatings and painting solutions, serving customers across the aviation and military sectors. Their New Jersey distribution center along with the NJ operations and sales teams will continue to operate […]

Filed Under: News Tagged With: Acquisitions, New Jersey, Painters Supply & Equipment Co.

LKQ Corporation to Sell Elit Polska in Poland to MEKO AB

May 10, 2024 By CollisionWeek Editor

LKQ Corporation (Nasdaq: LKQ) announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit […]

Filed Under: News Tagged With: Acquisitions, Europe, LKQ Corporation, Poland

Crash Champions Expands Luxury and EV Certified Repair Line with California Acquisition

May 9, 2024 By CollisionWeek Editor

Crash Champions today announced the expansion of Crash Champions Luxe | EV Certified, a premium line of service specializing in electric vehicle (EV) and luxury OEM factory-certified repairs.  The announcement follows the organization’s acquisition of DC Autocraft, a collision repair center specializing in luxury factory-certified and EV repairs in Burbank, Calif. The acquisition finalized on […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions, Electric Vehicles, OEM Certification

Lawson Products Acquires S&S Automotive

May 2, 2024 By CollisionWeek Editor

The Distribution Solutions Group, Inc. (NASDAQ:DSGR) announced that its operating company, Lawson Products, Inc., completed the acquisition of S&S Automotive, Inc. the automotive and industrial parts supplier based near Chicago in Woodridge, Ill. The acquisition will complement Lawson Products’ automotive-focused division, Kent Automotive that distributes automotive and industrial class C-parts to auto dealerships and collision […]

Filed Under: News Tagged With: Acquisitions, Distribution Solutions Group, Illinois, Lawson Products

Genuine Parts Company Acquires Largest NAPA Independent Store Owner in the U.S.

May 1, 2024 By CollisionWeek Editor

Genuine Parts Company (NYSE: GPC), the global distributor of automotive and industrial replacement parts, announced it acquired Motor Parts & Equipment Corporation (MPEC) effective April 30. MPEC, founded in 1938, is based in Rockford, Illinois and is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, […]

Filed Under: News Tagged With: Acquisitions, Genuine Parts Company, Illinois, NAPA Auto Parts

Crash Champions Acquires 3 Collision Repair Centers in Great Falls, Montana

April 29, 2024 By CollisionWeek Editor

Crash Champions announced the company has expanded its service to the Great Falls, Montana market, following the successful acquisition of three local repair centers. The announcement comes as Crash Champions completed the combined acquisitions of Mitchells’ Crash Repair, Flawless Auto Body, and 3 Way Auto Body. The three local repair centers transitioned operations to Crash […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Montana

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