Classic Collision, LLC announced the acquisition of three CarSmart Collision Repair centers in Chapel Hill, Pittsboro, and Burlington, N.C. “There are fewer repair centers that still share our commitment to customer service and guarantee satisfactory results to every person who walks through our doors; I trust that Classic Collision will continue that commitment,” stated Mark […]
Joe Hudson’s Collision Center Acquires Four Store MSO in Arkansas
Acquisition marks entry into 15th state. Joe Hudson’s Collision Center (JHCC) announced the acquisition of Steve’s Auto Body, with four locations in Jonesboro, Marion, Paragould, and Searcy, Ark. The acquisition of the four locations closed in mid-September, making them the first Joe Hudson’s Collision Center locations in Arkansas. This acquisition brings the total number of […]
Safelite Group Acquires Auto Glass Company with 3 Locations in Colorado
Safelite Group announced today an agreement to acquire the assets of Colorado-based Sun Auto Glass. The transaction was completed on Friday, September 29. With locations in Cortez, Pagosa Springs and Durango, Colo., the combined businesses broaden Safelite’s footprint in the state. “It’s an exciting time in our business as we continue to expand our reach […]
Bain Capital Reported Possible Bidder for Majority Stake in CCC
Current private equity holder of majority stake in public company said considering sale. According to a report by Bloomberg, Bain Capital is among companies considering acquiring a majority stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The Bloomberg report cites anonymous sources that said Bain is one potential bidder for Advent International’s majority stake that […]
Lift Auto Group Acquires Collision Repair Center in British Columbia
CSN Northline in Smithers, British Columbia, Canada, has been acquired by the Lift Auto Group. Previous owner, Dave Onderwater, with his 30 years of ownership and operational experience, will be continuing as the main painter in the shop. His involvement will play a crucial role in maintaining the high-quality standards that have been synonymous with […]
CCC’s Majority Shareholder Reported Considered Selling Stake in Company
According to a report by Reuters, Advent International is considering selling its stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The private equity firm acquired its stake in 2017 when it purchased the company from CCC’s previous owners Leonard Green & Partners (LGP) and TPG Capital (TPG). CCC was taken public in 2021 through a […]
Classic Collision Acquires 6 Collision Repair Centers in Virginia
Marks entry into the state. Classic Collision, LLC announced it closed the acquisition of six new collision repair centers on September 15. The Atlanta-based multi-site collision repair operator acquired Elite Auto Body Group, one of the largest independently owned groups in the Tidewater area of Virginia. The newly acquired locations are Classic’s first collision repair […]
J.D. Power Acquires Autovista Group
Adds European and Australian automotive data and analytics provider of vehicle valuation and repair estimate data. J.D. Power today announced a definitive agreement to acquire Autovista Group, a pan-European and Australian automotive data, analytics and industry insights provider. The acquisition complements J.D. Power’s strengths in vehicle valuation and detailed vehicle specification data and analytics while […]
OpenRoad Collision Acquires 6 Collision Repair Centers in Oklahoma
OpenRoad Collision announced a strategic partnership with Bill Knight Collision, a six location multi-shop operator (MSO) with locations in Tulsa and Stillwater, Okla. Combined, the OpenRoad Collision family of brands now owns and operates collision repair centers across Texas, New Mexico, and Oklahoma. The addition of Bill Knight Collision not only expands OpenRoad Collision’s geographic […]
Asbury Automotive Group Acquires Jim Koons Automotive
Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced an agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is […]
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