Tractable, the company employing artificial intelligence (AI) using computer vision to assess the condition of cars and homes, today announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. As part of the transaction, Nahoko Hoshino, Investment Director for SoftBank Investment Advisers will […]
Classic Collision Acquires New Repair Center in Tennessee
Classic Collision, LLC announced the acquisition of Dayton Collision Center in Dayton, Tenn., expanding its presence in the state. “We have been the repair center of choice in Dayton by performing high quality repairs and providing a one-of-a-kind customer service experience. We are thrilled to continue that journey now as Classic Collision,” stated Rich Ritchie […]
Classic Collision Acquires New Collision Repair Center in Minnesota
Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, announced the acquisition of a Maaco Franchise in Fridley, Minn. “Our mission has been to be the reliable choice in collision repair and provide excellent customer service and I believe that Classic Collision will uphold that mission” stated Andy McClure former owner of Maaco […]
Hertrich Dealerships Acquires New Collision Repair Center in Pennsylvania
New location is the dealership group’s 12th location. The Hertrich Family of Automobile Dealerships announced the acquisition of Chadds Ford Collision Center, a 17,000 sq. ft. repair facility located in Chadds Ford, Pa. The new collision repair center marks the dealership group’s expansion into the Pennsylvania, building upon Hertrich Collision Centers’ existing presence on the […]
Palladium Heritage Acquires Three Aftermarket Collision Repair Parts Distributors
Combination creates Collision Auto Parts platform to expand with further acquisitions and new location openings. Palladium Equity Partners, along with its joint venture affiliate Palladium Heritage, announced today that it has partnered with management to create a platform named Collision Auto Parts LLC, with the acquisition of three automotive aftermarket collision repair part companies. The […]
Original One Parts Merges with Headlights Depot
Original One Parts, LLC, a portfolio company of private equity firm Kinderhook Industries, LLC, announced its merger with Headlights Depot. Serving the auto collision repair industry, Original One Parts operates out of two warehouse & remanufacturing facilities located in Texas and Maryland. With its nine strategically located distribution centers supplying business and consumer customers, Headlights […]
UK’s Steer Automotive Group Acquires 32 Collision Repair Centers
Steer Automotive Group today announced the acquisition of the businesses of Apollo Motor Group and Balgores Motors. The two businesses have a total of 32 collision repair locations with £90m ($114.5 million) sales and 700 staff. The acquisition builds on Steer’s network, extending further into the south of England and increasing Steer’s scale and capacity […]
Highview Capital Invests in Recycler B&R Auto
Highview Capital, LLC today announced a partnership with B&R Auto, the Oregon-based independent auto recycler. Founder-owned and operated by the Perlenfein family since 1980, B&R provides recycled parts to automotive collision and repair centers and do-it-yourself customers. The Company operates 19 locations across the Western U.S. focused on best-in-class dismantling processes, technology, and customer service. […]
Classic Collision Acquires New Collision Repair Center in Minneapolis Market
Classic Collision, LLC announced the acquisition of the Maaco Collision Repair & Auto Painting Franchise of Richfield, Minn. The Maaco Richfield Franchise was family owned and operated servicing Hennepin and surrounding counties for the past several years. “I am excited to see Classic Collision take the business our team built to the next level by […]
PGW Auto Glass Acquires Duncan Systems Truck Glass Division
PGW Auto Glass, LLC announced that it has acquired the assets of Duncan Systems’ Truck Glass Division. “This strategic move builds on our commitment to expand our product offering and range of solutions to the heavy truck segment,” said Todd Fencak, CEO of PGW Auto Glass. “Duncan Systems’ Truck Glass Division has a strong reputation […]
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