Amended agreement was unanimously approved by both boards and is supported by Ancora Holdings. Starboard Value is making a $500 million strategic investment. Boyd Group’s Tim O’Day expected to be appointed to Ritchie Board of Directors upon closing of transaction. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) and IAA, Inc. (NYSE: IAA) today announced that they […]
Crash Champions Acquires 4 Collision Repair Centers in Northern California
Crash Champions today announced the company has acquired Stymeist Collision Centers that operates four collision repair centers in Northern California. The acquisition expands Crash Champions’ California network to more than 100 repair centers across the state – complementing its nationwide lineup of more than 600 repair centers in 36 states. The acquisition officially closed on […]
Classic Collision Acquires its 40th Collision Repair Center in Florida
Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, Ga. announced the acquisition on January 20 of R&R CARSTAR Collision Franchise in Apopka, Fla. “Our goal has been to provide exceptional customer service, and I know that Classic Collision’s customer service and quality focus will continue to serve my community well” stated John […]
Crash Champions Acquires Collision Repair Center in East Hartford, Connecticut
Crash Champions today announced the company has finalized the acquisition of Gengras Collision Center located at 630 Tolland St. in East Hartford, Conn. The acquisition marks Crash Champions’ second location in the state, following the acquisition of Andrade Motor Car on December 9. “This is another proud step in our growth across the Northeast and […]
Oka’s Collision Centers of Hawaii Purchases Island Fender
Oka’s Collision Centers of Hawaii, a family-owned company with more than 50 years in business, announced the purchase of Island Fender in Honolulu, Hawaii. The company also owns Oka’s Auto Body in Waipahu, a town in Oahu, Hawaii. “We are very excited to have purchased Island Fender and grow our company,” said Brandon Okahara, co-owner […]
Allianz X Completes Innovation Group Acquisition
The Innovation Group announced today that its acquisition by Allianz X that was announced last October has been completed. The Innovation Group provides operational support and expert services to the world’s leading insurers, fleet managers and automotive manufacturers, with over 1,200 clients across Australia, Germany, Poland, South Africa, Spain, the UK, and the USA. Allianz […]
Crash Champions Acquires Collision Repair Center in New Jersey
Crash Champions today announced the organization has expanded its New Jersey footprint through the acquisition of T Masters Collision Center. The acquisition officially closed on Friday, January 6. T Masters Collision Center is located at 847 S. White Horse Pike in Hammonton, New Jersey. Following the acquisition, Crash Champions now operates four locations across the […]
Carousel Motor Group Enters Wisconsin Market with Hudson Ford Acquisition
Carousel Motor Group announced today that it has acquired Hudson Ford, the number one selling Ford dealership in Wisconsin for the last 5 years. The acquisition of the Hudson Ford dealership, located at 2020 Crest View Drive, in Hudson, Wisc., near I-94 and Carmichael Road, marks Carousel Motor Group’s first Ford dealership in its portfolio […]
Ritchie Bros. and IAA Receive Regulatory Clearances for Proposed Merger
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSE: RBA) and IAA, Inc. (NYSE: IAA), announced December 20 the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 and receipt of a no-action letter from the Canadian Commissioner of Competition with respect to the pending acquisition of IAA by Ritchie Bros. The […]
Wesco Group Acquisition Marks Entry into Ontario, Canada
Group operates more than 134 paint, body and equipment supply stores in North America. Color Compass Corporation, part of the Wesco Group, acquired Treschak Enterprises located in Welland, Ontario, Canada. This acquisition expands the footprint of Canada’s largest independent auto body supply distributor within the Canadian marketplace. The combined Wesco Group, which includes Wesco, Color […]
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