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You are here: Home / Archives for Acquisitions

Boyd Group Reports Sales Up Nearly 18% in Third Quarter

November 13, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Earnings

Classic Collision Acquires New Collision Repair Centers in Florida and Colorado

November 13, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Colorado, Florida

Crash Champions Acquires Collision Repair Center in Redmond, Washington

November 13, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Washington State

Collision Auto Parts Acquires Eco Automotive Distributors

November 9, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, California, Collision Auto Parts LLC, Palladium Heritage

Fenix Parts Acquires Indianapolis Auto Recycler

November 7, 2023 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Acquisitions, Auotmotive Recyclers, Fenix Parts, Indiana

Quality Collision Group Acquires Three Collision Repair Centers in North Carolina

November 6, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, North Carolina, Quality Collision Group

Safelite Group Acquires Auto Glass Location in Santa Cruz, California

November 3, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, California, Safelite

Axalta Reports Net Sales Up 5.7% in Third Quarter Compared to Last Year

November 2, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems, Earnings

Classic Collision Acquires Two Collision Repair Centers in Tennessee

October 31, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Tennessee

Crash Champions Enters Alabama Market with Acquisition

October 30, 2023 By CollisionWeek Editor

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 […]

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

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