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You are here: Home / Archives for Acquisitions

Fix Auto UK Acquires Majority Stake in Cheltenham Collision Repair Center

August 24, 2023 By CollisionWeek Editor

Fix Auto UK announced it has added to its portfolio of wholly and part owned collision repair centers by taking over as the majority shareholder in Fix Auto Cheltenham. The network has bought the shares previously owned by businessman Andrew Emery who is stepping away from the industry to concentrate on other business interests. Fellow […]

Filed Under: News Tagged With: Acquisitions, Fix Auto UK, United Kingdom

Wesco Group Acquires Seven Location PBE Distributor in Los Angeles Market

August 23, 2023 By CollisionWeek Editor

Wesco Group announced today that Sav On Supplies has joined the Wesco Team. Sav On Supplies has been servicing the greater Los Angeles, Calif. market for the past 23 years. The owner, Jorge Mendoza, came from humble beginnings and founded the Company in 2000. Over time, the Company grew from a single location store to […]

Filed Under: News Tagged With: Acquisitions, California, PBE Distributor, Wesco

Classic Collision Acquires Repair Center in Washington State

August 21, 2023 By CollisionWeek Editor

The multiple collision repair shop operator now has 226 locations in 15 states. Classic Collision, LLC, the Atlanta-Ga.-based multi-site collision repair operator announced it closed the acquisition of a new collision repair center in Kirkland, Wash. For more than 60 years, Lakeside Collision Kirkland has been a valuable pillar in the local community. “Our motto […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Washington State

Lift Auto Group Acquires CSN Automacs

August 21, 2023 By CollisionWeek Editor

Lift Auto Group has acquired CSN Automacs, in Oakville, Ontario, Canada. CSN Automacs has been serving Oakville for over four and a half decades. “I wish them all the success in the world,” previous owner Steve Ingoglia says. “The shop has a lot to offer and a good clientele. I’m happy Lift is keeping the […]

Filed Under: News Tagged With: Acquisitions, Canada, CSN Collision Centres, Lift Auto Group, Ontario

Harvey’s Collision Centers Acquires New Location in Mesquite, Texas

August 17, 2023 By CollisionWeek Editor

Harvey’s Collision Centers announced the acquisition of Pro Star Collision in Mesquite, Texas. This strategic move marks Harvey’s third location in the thriving Dallas/Fort Worth market, further solidifying its commitment to providing top-notch auto body repair services across the DFW metroplex. “We are thrilled to announce the acquisition of Pro Star Collision and welcome their […]

Filed Under: News Tagged With: Acquisitions, Harvey's Collision Centers, Texas

EV Manufacturer VinFast Completes SPAC Combination, Will Be Listed on NASDAQ

August 15, 2023 By CollisionWeek Editor

VinFast Auto Ltd. and Black Spade Acquisition Co (NYSE: BSAQ) announced the completion of their previously announced business combination. The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the NASDAQ stock exchange under the ticker symbols VFS and VFSWW, respectively, today. The Vietnam-based electric […]

Filed Under: News Tagged With: Acquisitions, Electric Vehicles, VinFast

Classic Collision Adds Two New Repair Centers in Florida

August 14, 2023 By CollisionWeek Editor

Classic Collision, LLC, announced the acquisition of Buchholz Paint & Auto Body with two collision repair centers in the Gainesville, Fla. market. “We are a family business and believe that our customer needs to be treated as family. I’ve seen firsthand that Classic Collision treats everyone like family,” stated Brad Buchholz former owner of Buchholz […]

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

Boyd Group Reports Sales of Over $753 Million in Second Quarter

August 10, 2023 By CollisionWeek Editor

Overall sales were up more than 22%. Same store sales up almost 19%. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 22.9% to $753.2 million in the second quarter ended June 30, from $612.8 million in the same period of 2022. Same-store sales increased by 18.9%. The second quarter of 2023 had […]

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

Auto Club of Southern California Acquires US Subsidiary of Wawanesa Mutual

August 7, 2023 By CollisionWeek Editor

The Wawanesa Mutual Insurance Company announced August 1 that it has entered into a definitive agreement to sell Wawanesa General Insurance Company, its U.S. subsidiary, to the Automobile Club of Southern California’s affiliated insurer, subject to regulatory approval and other customary closing conditions. “It’s the right time to focus our efforts on our home market […]

Filed Under: News Tagged With: Acquisitions, Auto Club of Southern California, California, Canada, Wawanessa Mutual Insurance Company

Crash Champions Acquires Collision Repair Center in Hollywood, Florida

August 7, 2023 By CollisionWeek Editor

Crash Champions today announced that the company has expanded its Florida footprint with the successful acquisition of Ideal Auto Collision, a more than 17,500 sq. ft. collision repair facility that has been serving Hollywood, Fla. for more than four decades. The acquisition officially closed on Friday, August 4, with operations transitioning to Crash Champions effective […]

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

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