Collision Partners has completed its first two acquisitions, purchasing Fantastic Finishes, located in West Palm Beach, Fla. and Chassis Master, in Miramar, Fla. as the company begins expansion across the Southeastern United States. Russ Swift, founder of Fantastic Finishes, joins Collision Partners as director of strategic operations and as an equity partner. Scott Woodard, a […]
Boyd Group Clears Regulatory Hurdle for Joe Hudson’s Acquisition
Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) said Wednesday it has received regulatory approval to complete its previously announced $1.3 billion acquisition of Joe Hudson’s Collision Center, with closing expected Jan. 9. The collision repair consolidator announced the definitive agreement Oct. 29 to purchase the 258-location chain from private equity firm TSG Consumer Partners. […]
Brightpoint Acquires Collision Repair Center in Tennessee
Brightpoint Auto Body Repair has acquired Bruce’s Body Shop in Paris, Tenn., the company’s fifth location in middle Tennessee. The acquired business is now operating as Bruce’s Auto Body Center. “Bruce’s has built a legacy of trust through craftsmanship and integrity,” said Paul Williams, president of Brightpoint Auto Body Repair. “We are proud to welcome […]
The Riverside Company Acquires Certified Collision Group from Incline Equity Partners
Network of OEM-certified collision repair facilities supports independent businesses in U.S. and Canada. The Riverside Company has acquired the Certified Collision Group (CCG), the subscription-based membership network for independent collision repair facilities, from Incline Equity Partners. Terms of the transaction, announced yesterday, were not disclosed. CCG, founded in 2014, provides independent collision repairers with access […]
Enlyte to Acquire PartsTrader
PartsTrader will remain an open platform operating as an independent entity. Enlyte has agreed to acquire PartsTrader, the parts procurement marketplace, the company announced Dec. 18. PartsTrader will become a wholly owned subsidiary of Enlyte and continue operating as an independent entity alongside Mitchell’s Auto Physical Damage division. Both Mitchell and PartsTrader will remain open […]
AutoNation Acquires Baltimore Toyota Dealership
AutoNation Inc. has acquired Jerry’s Toyota from Jerry’s Automotive Group in Baltimore, renaming the store AutoNation Toyota White Marsh. The dealership generates approximately $123 million in annual revenue and sells about 2,600 new and used vehicles annually, according to AutoNation. The acquisition gives AutoNation its 20th Toyota store nationwide and its first Toyota dealership in […]
AkzoNobel Completes $1.65 Billion Sale of India Liquid Paints Business to JSW Group
Akzo Nobel N.V. has completed the previously announced sale of Akzo Nobel India Limited to JSW Group, one of India’s largest diversified conglomerates. The transaction, based on an enterprise value of approximately €1.4 billion ($1.65 billion), represents an EV/EBITDA multiple of 25x. The deal includes AkzoNobel’s liquid paints and coatings business in India, including the […]
Enterprise Mobility Completes Acquisition of Heavy-Duty Truck Leasing Firm
Enterprise Mobility has completed its acquisition of Hogan, a commercial transportation services provider, expanding its fleet to include Class 7 and Class 8 heavy-duty trucks. The acquisition combines two St. Louis-based, family-owned companies. Hogan operates approximately 10,000 pieces of equipment at more than 50 locations with about 3,000 employees. The company provides truck leasing, truck […]
Classic Collision Acquires 9 Location MSO with Facilities in Georgia, South Carolina
Classic Collision has acquired Kendrick Paint & Body, adding nine collision repair facilities in Augusta, Martinez and Evans, Ga., as well as Aiken, S.C. Kendrick Paint & Body, founded in 1952, was the largest family-owned collision repair network in the Central Savannah River Area. Atlanta-based Classic Collision operates 362 collision repair facilities nationwide.
LKQ Exploring Sale of Specialty Segment
LKQ Corporation (NASDAQ: LKQ) today announced that it has commenced a process to explore the potential sale of its Specialty segment. “Our Specialty segment is a leading distributor of automotive, RV and marine parts and accessories in North America. It is a strong business supported by an exceptional team. To unlock its full potential, we […]
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