Roadzen Inc., an insurance technology company, announces plans to become a publicly traded company via a merger with a special purpose acquisition company (SPAC) Vahanna Tech Edge Acquisition I Corp. The combined company will be listed on the Nasdaq exchange. Roadzen has built a technology platform that uses telematics, computer vision and artificial intelligence (AI) […]
Collision Repair Consolidators Continued to Grow in 2022
Focus Advisors provides 2022 Year in Review examining growth of large collision repair facility operators in the U.S. and 2023 forecast. According to the mergers and acquisition firm Focus Advisors, the acquisition and development strategies of key consolidators have come more sharply into view during 2022. While the Big Four national collision repair brands became […]
Fisher Auto Parts Acquires Market Street Auto Parts in Pennsylvania
Fisher Auto Parts announced the acquisition of Market Street Auto Parts LLC located in Jonestown, Pa., The announcement was made February 7 by Geoffrey Shifflett, area vice president of Fisher Auto Parts, and Mark Keister, president of Market Street Auto Parts. Market Street Auto Parts has been serving North Lebanon County in Pennsylvania for over […]
Classic Collision Acquires Collision Repair Center in Blaine, Minnesota
Classic Collision, LLC announced the acquisition of Gale’s Auto Body in Blaine, Minn. Gale’s Auto Body has had a long-standing tradition of excellence and customer satisfaction over the past 25 years. “We have taken pride in ourselves on delivering top-notch customer service for several years in the community and believe that Classic Collision will continue […]
Dynabrade Acquires Global Abrasive Products
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 […]
UK’s Steer Automotive Acquires Three Collision Repair Centers Bringing Total Locations to 60
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 […]
Crash Champions Acquires MSO with Four Collision Repair Centers in Georgia and Tennessee
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, […]
Crash Champions Acquires Collision Repair Center in Pinole, California
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 […]
Ritchie Bros. and IAA Announce Amended Merger Agreement
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 […]
Crash Champions Acquires 4 Collision Repair Centers in Northern California
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 […]
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