The Safelite Group announced it completed the acquisition of the auto glass assets of Texas-based Freddy’s Glass on Friday, December 8. “We’re thrilled to welcome our new associates to the business and to continue growing in the Waco area,” said Safelite’s President and CEO, Renee Cacchillo. With a location in Waco, TX, the combined businesses […]
Focus Advisors Reports Classic Collision is Now Second-Largest Collision Repairer in Denver Market
Focus Advisors, the mergers and acquisitions advisory firm, who represented Colorado Auto Body in its sale last week and most of Classic Collision’s Denver-area acquisitions, is reporting that Classic Collision in just the last year has vaulted from being the fifth-largest provider to the second-largest by number of locations in the Denver market. Now with […]
Asbury Automotive Group Completes Acquisition of Jim Koons Automotive
Largest auto retail acquisition since 2021 includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced it has completed the acquisition of Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The acquisition, originally announced in September, includes 20 dealerships, 29 […]
Crash Champions Acquires 4 Collision Repair Centers in Chicago
Crash Champions announced the company has finalized the acquisition of Adams Collision in Chicago, Ill. The deal includes four high-quality collision repair centers serving customers in the northwest Chicagoland communities of Harvard, Lake in the Hills, McHenry and Huntley. The acquisition officially closed December 8, with operations transitioning immediately to Crash Champions. Crash Champions now […]
Classic Collision Acquires Five Repair Centers in Colorado
MSO now has 255 collision repair centers in 16 states. Classic Collision, LLC, announced the closing on the acquisition of five new locations on December 8. The multiple shop operator (MSO) acquired Colorado Auto Body with five stores in Aurora, Denver, Castle Rock, and Littleton, Colo. Colorado Auto Body has serviced customers since 1984. “Our […]
Penske Automotive Group Acquires 15 Dealerships in United Kingdom
Penske Automotive Group, Inc. (NYSE: PAG) today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Additionally, three of the BMW locations also retail BMW Motorrad motorcycles. […]
WILsquare Capital Acquires Automotive Color & Supply
WILsquare Capital, a St. Louis-based private equity firm, announced it has completed the acquisition of Automotive Color & Supply (ACS), a leading regional distributor of automotive and industrial paint and supply products with 10 locations across Indiana and Illinois. Terms of the transaction were not disclosed. Founded in 1951, three generations of the Byers Family […]
Wesco Acquires MotorCar Colors
The Wesco Group, the paint, body and equipment (PBE) distributor in the U.S. and Canada, announced that Motorcar Colors is now part of the Wesco Team. Motorcar Colors has been servicing the greater New Jersey and Delaware markets for over 30 years. The owners, George and Michelle Schulmann, have been committed to the industry and […]
Auveco Acquires ClipLizard Systems
Acquisition was finalized November 1. Auveco, the automotive fastener and body hardware aftermarket supplier, announced its recent acquisition of ClipLizard Systems. According to the company, the acquisition solidifies Auveco’s position in the Collision and Paint, Body, and Equipment (PBE) markets. ClipLizard Systems, headquartered in Spencer, Ind., specializes in sourcing and distributing automotive clips and fasteners […]
AkzoNobel and Kansai Paint Agree Not to Proceed with Africa Acquisition
AkzoNobel and Kansai Paint announced have mutually agreed not to proceed with the company’s previously announced acquisition of Kansai’s paints and coatings activities in Africa. Commenting on the decision, AkzoNobel CEO, Greg Poux-Guillaume, said, “It’s disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in […]
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