Car Pros Automotive Group announced today that it has acquired two dealerships from Los Angeles, Calif.-based Nick Alexander Imports, including Nick Alexander BMW, Nick Alexander MINI, as well as their collision repair center. The dealerships are rebranded to BMW of Downtown LA and MINI of Downtown LA. Car Pros owns seven stores in Southern California […]
Fix Auto UK Acquires Majority Stake in Cheltenham Collision Repair Center
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 […]
Wesco Group Acquires Seven Location PBE Distributor in Los Angeles Market
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 […]
Classic Collision Acquires Repair Center in Washington State
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 […]
Lift Auto Group Acquires CSN Automacs
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 […]
Harvey’s Collision Centers Acquires New Location in Mesquite, Texas
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 […]
EV Manufacturer VinFast Completes SPAC Combination, Will Be Listed on NASDAQ
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 […]
Classic Collision Adds Two New Repair Centers in Florida
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 […]
Boyd Group Reports Sales of Over $753 Million in Second Quarter
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 […]
Auto Club of Southern California Acquires US Subsidiary of Wawanesa Mutual
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 […]
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