Fenix Parts announced it has completed its acquisition of the assets of Brothers Auto Parts in Indianapolis, Indiana. Brothers is a full-service automotive recycler servicing the Indianapolis market. This is Fenix Parts’ sixth acquisition in the Midwest and brings Fenix’s location count to 24 full-service and 5 self-service locations. Bill Stevens, CEO of Fenix Parts, […]
Quality Collision Group Acquires Three Collision Repair Centers in North Carolina
Quality Collision Group announced the acquisition of three North Carolina Relentless Collision locations. Quality Collision Group (QCG) strategic focus is centered on building the nation’s largest, most trusted OEM-certified collision repair organization through an acquisition strategy that maintains the high standards and quality of service at the collision repair facilities it acquires. Todd McGowan launched […]
Safelite Group Acquires Auto Glass Location in Santa Cruz, California
Safelite Group, the owner of Safelite AutoGlass, announced the acquisition Absolute Auto Glass, Inc. that operates in Santa Cruz, Calif. The transaction was completed on Tuesday, October 31. “All of us at Safelite are thrilled to serve the people of Santa Cruz,” said Safelite’s President and CEO, Renee Cacchillo. “The addition of a respected business […]
Axalta Reports Net Sales Up 5.7% in Third Quarter Compared to Last Year
Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales increased 5.7% year-over-year in the third quarter ended September 30, and 3.5% excluding foreign currency translation, to $1.3 billion. The increase in net sales was driven primarily by 6.3% higher average price-mix and a modest foreign currency translation benefit of 2.2%. Volumes declined by 2.8% as strong […]
Classic Collision Acquires Two Collision Repair Centers in Tennessee
Classic Collision, LLC announced the acquisition of 3A Collision in Bartlett and Oakland, Tenn. in the greater Memphis market. “We have been honored to serve Shelby and Fayette County and be recognized as the top performing repair centers in the greater Memphis area. We believe Classic Collision to be the right one to continue our […]
Crash Champions Enters Alabama Market with Acquisition
Crash Champions today announced the acquisition of regional Alabama-based MSO Auto Craft Collision Centers. The acquisition officially closed Friday, Oct. 27, and marks Crash Champions’ entrance into the state of Alabama. Auto Craft’s three collision centers have together served the Baldwin County and greater Mobile, Alabama markets for more than six decades. The repair centers […]
Classic Collision Acquires First Location in Memphis
Classic Collision, LLC announced the acquisition of Collision Craft in Memphis, Tenn. Collision Craft has been locally owned and operated, with over forty years of experience servicing Memphis. “We have strived to be the auto repair facility people turn to for all their automotive needs in Shelby County and know handing over the reins to […]
Caliber Collision Acquires Two Repair Centers in Maryland
FOCUS Investment Banking, the middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced that Auto Body Innovations (ABI), with locations in Upper Marlboro and Owings, Md., has been acquired by Caliber Collision. FOCUS represented Auto Body Innovations in the transaction. ABI’s owners, brothers Keith and Kevin Dick, started out as […]
LKQ Completes Divestiture of GSF Car Parts to Epiris
LKQ Corporation (NASDAQ:LKQ) today announced that it has sold GSF Car Parts to Epiris Fund III, a private equity fund based in the United Kingdom. The divestiture fulfills LKQ’s undertaking to the UK’s Competition and Markets Authority to sell the GSF business in connection with LKQ’s acquisition of Uni-Select Inc. that was completed August 1. […]
Classic Collision Acquires Repair Facility in Colorado
Classic Collision, LLC announced the acquisition of Michael’s Auto Body & Glass in Castle Rock, Colo. Michael’s Auto Body & Glass has serviced Castle Rock for over 30 years and they were voted the best auto repairer in Douglas County for ten straight years and were known for their state-of-the-art collision facility. “Our commitment has […]
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