Acquisition was finalized November 1. Auveco, the automotive fastener and body hardware aftermarket supplier, announced its recent acquisition of ClipLizard Systems. According to the company, the acquisition solidifies Auveco’s position in the Collision and Paint, Body, and Equipment (PBE) markets. ClipLizard Systems, headquartered in Spencer, Ind., specializes in sourcing and distributing automotive clips and fasteners […]
AkzoNobel and Kansai Paint Agree Not to Proceed with Africa Acquisition
AkzoNobel and Kansai Paint announced have mutually agreed not to proceed with the company’s previously announced acquisition of Kansai’s paints and coatings activities in Africa. Commenting on the decision, AkzoNobel CEO, Greg Poux-Guillaume, said, “It’s disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in […]
Lift Auto Group Acquires New Collision Repair Center in Port Coquitlam, British Columbia
The Lift Auto Group announced the acquisition of the newly named CSN Port Coquitlam, the former Boyd Port Coquitlam and looks forward to continuing the success of the shop’s former owner, Bill Thomson. Previous owner Thomson who is enjoying an extended vacation and early retirement after spending 41 years in collision repair While the collision […]
Greenbriar Equity Group Recapitalizes VIVE Collision
Greenbriar Equity Group, L.P. today announced that funds managed by Greenbriar recently completed the recapitalization of VIVE Collision in partnership with the Company’s management and Garnett Station Partners, LLC. Financial terms of the private transaction were not disclosed. Founded by Vartan Jerian, Jr., Scott Leffler and Philip Taub, VIVE operates 35 collision repair facilities in […]
Boyd Group Reports Sales Up Nearly 18% in Third Quarter
Same store sales were up 11.8%. MSO added 21 new collision repair locations during the quarter, including 17 acquisitions. Boyd Group Services Inc. (TSE:BYD) announced sales of $737.8 million during its third quarter ended September 30, up 17.9% from $625.7 million in the same period of 2022. Same-store sales increased by 11.8% during the third […]
Classic Collision Acquires New Collision Repair Centers in Florida and Colorado
Multiple collision repair shop operator now has 250 locations in 16 states. Classic Collision, LLC, announced the acquisition of four new collision repair centers, reaching a milestone of 250 locations. On November 10, Classic announced the acquisition of Brennan Bodyworks in Orlando, Fla. “We have always gone beyond just repairing our customers’ vehicles and believe […]
Crash Champions Acquires Collision Repair Center in Redmond, Washington
Crash Champions announced the acquisition of Queen City Auto Rebuild located at 14505 NE 91st Street in Redmond, Wash. Crash Champions finalized the acquisition on Friday, November 10. “The Queen City Auto Rebuild team has earned a reputation for best-in-class repair quality and service,” said Crash Champions founder and CEO Matt Ebert. “Quite simply, we’re […]
Collision Auto Parts Acquires Eco Automotive Distributors
Collision Auto Parts LLC, a distributor of aftermarket automotive collision repair parts serving markets in the Western U.S., announced the acquisition of LC Automotive, Inc. that does business as Eco Automotive Distributors. Founded in 1985 and headquartered in Rohnert Park, Calif., ECO is a distributor of aftermarket automotive parts to the collision repair market across […]
Fenix Parts Acquires Indianapolis Auto Recycler
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 […]
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