Collision repair chain surpasses 1,000 locations while margins improve despite declining same-store sales. Boyd Group Services Inc. (TSE: BYD) reported sales of $780.4 million for the second quarter ended June 30, up 0.2% from $779.2 million in the same period last year. Same-store sales declined 2.1%, offset by $21.0 million in revenue from new location […]
VIVE Collision Acquires Delaware EV Repair Shop, Enters 10th State
VIVE Collision has acquired Evolve: Electric Vehicle Specialists, marking the company’s entry into Delaware and expansion to 63 locations across 10 northeastern states. The acquisition gives VIVE Collision its first Delaware location and adds specialized electric vehicle repair capabilities to its network. Evolve operates a 35,000-square-foot facility with 25 repair bays designed for electric vehicle […]
Colours Acquires Fox Valley Auto Paint Locations in Rockford and Aurora, Illinois
Colours Inc. announced the acquisition of Fox Valley Auto Paints’ locations in Rockford and Aurora, Ill. “We’re excited to welcome the Fox Valley team and their loyal customers into the Colours family,” said Ali Mahalak, President & CEO of Colours, Inc. “Our goal is to make this a seamless transition while enhancing what’s already working […]
Fenix Parts Acquires Grade A Auto Parts
Fenix Parts has acquired Grade A Auto Parts, the Louisville, Kentucky-based company with operations across five Midwest states, the companies announced Tuesday. The acquisition expands Fenix’s geographic reach into Kentucky, Missouri, Ohio, Tennessee and Indiana. Grade A also maintains sales representatives nationwide. As part of the deal, Grade A CEO Sean Garber will join Fenix’s […]
Genstar Reported Exploring Potential $5 Billion Sale of OEConnection
According to a report by Reuters today, private equity firm Genstar Capital is considering the sale of OEConnection that could value the provider of ecommerce tools for collision repair parts and OEM certified repair network management at up to $5 billion. According to Reuters report, Genstar has engaged investment bankers to advise on a potential […]
G&C Auto Body Acquires Chico, California Collision Repair Facility
G&C Auto Body announced it has acquired Miracle Auto Body in Chico, Calif., adding to its network of more than 50 locations across northern California. The acquired shop at 2304 Park Avenue strengthens the company’s presence in the Chico market and will be rebranded as G&C Auto Body – Chico and is scheduled to open […]
Classic Collision Acquires Louisiana Repair Facility
Classic Collision LLC acquired Auto Craft Inc., a collision repair shop in Gretna, La., the Atlanta-based company announced Friday. Auto Craft has operated in Gretna for 49 years as a family-owned business. Classic Collision, founded in 1983, operates 341 collision repair facilities nationwide and ranks among the largest privately held auto body repair providers in […]
BASF Reported Launching Next Round of Bidding for Coatings Business
A smaller group of potential acquirers expected to participate next month. The sale of BASF’s coatings business is moving to the next round of offers from a short list of bidders in August according to a report in Bloomberg. According to the report, based upon anonymous sources familiar with the matter, AkzoNobel and several private […]
Fisher Auto Parts Acquires 7 Genden Auto Parts Stores in New England
Fisher Auto Parts announced the acquisition of Genden Auto Parts, a second-generation family business with over 70 years of service. This acquisition significantly strengthens Fisher Auto Parts’ presence in the New England market. Genden Auto Parts operates seven locations across western Massachusetts, northern Connecticut, southern Vermont and southwestern New Hampshire. John Lamoureux, owner of Genden […]
Focus Advisors and Veritas Advisors Merge M&A Operations
Focus Advisors and Veritas Advisors announced a merger that combines the two established mergers and acquisitions (M&A) advisory firms serving the automotive collision repair sector. The deal brings together Focus CEO David Roberts and Veritas Founder John Walcher, along with their respective teams. The combined firm has advised on more than 120 automotive services transactions, […]
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