Continental Auto Parts (CAP), a portfolio company of Kinderhook Industries, announced the acquisition of K W Automotive Inc. that does business as Pro Parts Center (PPC). Pro Parts Center is an aftermarket collision automotive parts to multi-shop operators (MSOs) and independent collision shops in Texas, Louisiana, and Oklahoma. Financial terms of the transaction were not […]
Focus Advisors Releases 2023 Collision Repair Consolidation Year in Review
Report details acquisition and private equity activity across the U.S. Focus Advisors, the mergers and acquisition advisory firm, released its review of 2023 collision repair acquisition activity. The report is provided below: Growth Never Rests – 2023 Year in Review By Raul Salinas, Senior Associate, Focus Advisors Consolidators, Accelerators and Independent MSOs remain undaunted in […]
Stellantis Acquires Artificial Intelligence Technologies to Advance Vehicle Features
New technology can be used to enhance predictive maintenance and diagnostics to proactively identify and schedule maintenance needs and provide alerts. Stellantis N.V. announced the acquisition of the artificial intelligence framework, machine learning models and intellectual property rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. The acquisition – […]
Morgan Automotive Group Acquires South Motors and Vista Motors
Acquisition includes two collision repair centers in Florida. Haig Partners LLC, the buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., announced it served as the exclusive sell-side advisor to Miami-based South Motors/Vista Motors on the sale of its nine dealerships and two collision centers to Morgan Automotive Group. South Motors […]
Lawson Products Acquires Emergent Safety Supply
Distribution Solutions Group, Inc. (NASDAQ:DSGR)(DSG) today announced that its operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC, that does business as Emergent Safety Supply (ESS), a national distributor of safety products based near Chicago in Batavia, IL. “We are excited to announce the acquisition of ESS,” said Cesar Lanuza, President & […]
Fenix Parts Acquires Stafford’s Auto Parts
Fenix Parts announced today it has completed its acquisition of the assets of Stafford’s Auto Parts in Montgomery, Ill. Stafford’s is a full-service automotive recycler servicing the Chicago market. This is Fenix Parts’ seventh acquisition in the Midwest and brings Fenix’s location count to 25 full-service and 5 self-service locations. Bill Stevens, CEO of Fenix […]
Classic Acquires 3 Collision Repair Centers in Arizona
Classic Collision, LLC announced the acquisition of Painters Collision Centers in Apache Junction, Chandler, and Queen Creek, AZ. “Our reputation was built on a foundation of quality repairs and unparalleled customer service, and we believe Classic Collision is the right organization to keep our foundation intact,” stated James Huard, former owner of Painters Collision Centers. […]
Oakley Capital Acquires Stake in UK’s Steer Automotive Group
Oakley Capital, the pan-European private equity investor, announced it has reached a conditional agreement to invest in Steer Automotive Group, the UK’s largest independent collision repair group. Founded in 2018 by serial entrepreneur Richard Steer, Steer Automotive has expanded through 18 acquisitions, establishing a network of over 100 collision repair centers. Steer, and the current […]
SATA Acquires Dan-Am Company
SATA GmbH & Co. KG announced that the acquisition of Dan-Am Company in Spring Valley, Minnesota by SATA USA Inc., its US-based subsidiary. “We are excited about this new chapter in the history of both Dan-Am and SATA. This acquisition will allow us to continue to provide our industry partners and customers in the USA […]
Safelite Group Acquires Auto Glass Company with 3 Locations in New England
Safelite Group announced the acquisition of the auto glass assets of New Hampshire-based Thompson Auto Glass. The transaction was completed on Friday, January 5. “Today is an exciting day in New England,” said Safelite’s President and CEO, Renee Cacchillo. “We’re privileged to be trusted with carrying on Thompson Auto Glass’s great local reputation for quality […]
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