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You are here: Home / Archives for Acquisitions

Dynabrade Acquires Global Abrasive Products

February 2, 2023 By CollisionWeek Editor

Dynabrade, Inc. announced it recently completed the asset purchase of one of its strategic suppliers, Global Abrasive Products, Inc., a 50-employee abrasives converter with locations in Lockport, N.Y. and Alpharetta, Ga. “For Dynabrade, this is a continuation of our strategic initiative to expand the scope of our vertical integration,” says Dynabrade President Michael Buffamonti. “This […]

Filed Under: News Tagged With: Acquisitions, Dynabrade, Georgia, Global Abrasive Products, New York State

UK’s Steer Automotive Acquires Three Collision Repair Centers Bringing Total Locations to 60

February 2, 2023 By CollisionWeek Editor

UK-based Steer Automotive announced the acquisition of North East Accident Repair Centres (NEARC) with three operating sites in Newcastle, Sunderland and Darlington. The two owners of NEARC, Roger Collings and Bob Taylor, were looking to sell their shareholding and despite interest from several parties they felt that Steer Automotive was the best cultural fit for […]

Filed Under: News Tagged With: Acquisitions, Steer Automotive Group, United Kingdom

Crash Champions Acquires MSO with Four Collision Repair Centers in Georgia and Tennessee

January 30, 2023 By CollisionWeek Editor

Crash Champions today announced the acquisition of European Collision, that operates four repair centers across the Nashville, Tenn. and Atlanta, Ga. metropolitan areas. The acquisition officially closed on January 27. “Welcoming European Collision to the Crash Champions team is another proud moment as we continue a fast start to the New Year,” said Matt Ebert, […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Georgia, Tennessee

Crash Champions Acquires Collision Repair Center in Pinole, California

January 24, 2023 By CollisionWeek Editor

Crash Champions today announced the company has finalized the acquisition of Crocketts Premier Auto Body in Pinole, Calif., a 12,500 square foot production facility located at 900 San Pablo Ave. The facility has been serving customer in the East Bay area since 1979. “We are proud to continue the growth of Crash Champions across the […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Ritchie Bros. and IAA Announce Amended Merger Agreement

January 23, 2023 By CollisionWeek Editor

Amended agreement was unanimously approved by both boards and is supported by Ancora Holdings. Starboard Value is making a $500 million strategic investment. Boyd Group’s Tim O’Day expected to be appointed to Ritchie Board of Directors upon closing of transaction. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) and IAA, Inc. (NYSE: IAA) today announced that they […]

Filed Under: News Tagged With: Acquisitions, Ancora Holdings, Boyd Group, Insurance Auto Auctions, Ritchie Bros, Starboard Value

Crash Champions Acquires 4 Collision Repair Centers in Northern California

January 23, 2023 By CollisionWeek Editor

Crash Champions today announced the company has acquired Stymeist Collision Centers that operates four collision repair centers in Northern California. The acquisition expands Crash Champions’ California network to more than 100 repair centers across the state – complementing its nationwide lineup of more than 600 repair centers in 36 states. The acquisition officially closed on […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Classic Collision Acquires its 40th Collision Repair Center in Florida

January 23, 2023 By CollisionWeek Editor

Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, Ga. announced the acquisition on January 20 of R&R CARSTAR Collision Franchise in Apopka, Fla. “Our goal has been to provide exceptional customer service, and I know that Classic Collision’s customer service and quality focus will continue to serve my community well” stated John […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Crash Champions Acquires Collision Repair Center in East Hartford, Connecticut

January 17, 2023 By CollisionWeek Editor

Crash Champions today announced the company has finalized the acquisition of Gengras Collision Center located at 630 Tolland St. in East Hartford, Conn. The acquisition marks Crash Champions’ second location in the state, following the acquisition of Andrade Motor Car on December 9. “This is another proud step in our growth across the Northeast and […]

Filed Under: News Tagged With: Acquisitions, Connecticut, Crash Champions

Oka’s Collision Centers of Hawaii Purchases Island Fender

January 17, 2023 By CollisionWeek Editor

Oka’s Collision Centers of Hawaii, a family-owned company with more than 50 years in business, announced the purchase of Island Fender in Honolulu, Hawaii. The company also owns Oka’s Auto Body in Waipahu, a town in Oahu, Hawaii. “We are very excited to have purchased Island Fender and grow our company,” said Brandon Okahara, co-owner […]

Filed Under: News Tagged With: Acquisitions, Hawaii, Oka's Collision Centers of Hawaii

Allianz X Completes Innovation Group Acquisition

January 13, 2023 By CollisionWeek Editor

The Innovation Group announced today that its acquisition by Allianz X that was announced last October has been completed. The Innovation Group provides operational support and expert services to the world’s leading insurers, fleet managers and automotive manufacturers, with over 1,200 clients across Australia, Germany, Poland, South Africa, Spain, the UK, and the USA. Allianz […]

Filed Under: News Tagged With: Acquisitions, Allianz, Innovation Group

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