Classic Collision, LLC announced April 7 that it acquired Pinnacle CARSTAR Auto Body in Tomball, Texas. “We have specialized in keeping our customers’ vehicles looking as good as (or better than!) the day they bought them and believe that Classic Collision will continue our dedication to our craftsmanship,” stated Martin Russel former owner of Pinnacle […]
Quality Collision Group Acquires Schaefer Autobody Centers
Adds 14 locations in Midwest. Quality Collision Group announced the continued growth of its organization with the acquisition of 14 Schaefer Autobody Centers. Quality Collision Group, formed by Susquehanna Private Capital, LLC following its 2020 acquisition of Brandywine Coach Works. continues its strategic focus on building the nation’s largest and most trusted OEM-certified collision repair […]
Wesco Group Acquires Northern California PBE Distributor
Wesco Group, the paint, body and equipment (PBE) distributor in the U.S. and Canada, announced the acquisition of B&Z Auto Color’s three locations in Northern California in the communities of Modesto, Stockton and Turlock. B&Z has been servicing the Northern California market since 1923. The family has built a strong reputation over the years with […]
Classic Collision Acquires New Repair Centers in Denver and Orlando
Classic Collision, LLC announced two new acquisitions on March 31. The company acquired BJ’s Auto Theft & Collision in Commerce City, Colo. and Irish Mike’s Collision in Orlando, Fla. “Our goal has been to maintain communication with our customers to guarantee that we make it a positive experience during difficult times and know that Classic […]
Universal Technical Institute Announces Purchase of Primary Buildings for Orlando Campus
Universal Technical Institute (UTI), a division of Universal Technical Institute, Inc. (NYSE:UTI), announced the purchase of the three buildings it fully occupies at its Orlando, Fla. campus, which offers technician training programs in automotive, diesel, motorcycle and marine. In February 2022, UTI completed the consolidation of its UTI-Orlando and MMI-Orlando campuses into the current location, […]
Lift Auto Group Acquires 5 Collision Repair Centers in Alberta, Canada
Lift Auto Group announced that it has significantly expanded its Alberta, Canada operations with the acquisition of Herbers Autobody comprising of five locations in the Edmonton region and one in Grande Prairie. Herbers serves the Edmonton, Grande Prairie and Leduc regions. “Lift is very excited to include Herbers Autobody in its rapidly expanding portfolio of […]
Classic Collision Acquires New Repair Center in Lakeland, Florida
Classic Collision, LLC announced Friday the acquisition of Auto Tech Collision Center in East Lakeland, FL. The owners have been in business for over 18 years with a highly qualified team providing an outstanding repair process for their clients. “An accident can be a very unpleasant situation and we have striven to make this as […]
Shareholders Approve Ritchie Bros. Acquisition of IAA
Majority of shareholders approve of acquisition following proxy fight. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSE:RBA) and IAA, Inc. (NYSE:IAA) announced that shareholders approved the previously announced amended merger agreement between the two companies. Based on the preliminary vote count provided by its proxy solicitors following the company’s Special Meeting of Shareholders held yesterday, Ritchie Bros. […]
CARSTAR Collision Clinic of Edmonds and Bellevue, Washington Sold to Puget Collision
Focus Advisors, the M&A firm specializing in collision repair transactions, announced the sale of CARSTAR Collision Clinic in Edmonds and Bellevue, Washington to Puget Collision. The transaction represented a successful exit for owner Bruce Lingle, who started in the industry as a technician and later built his MSO for over 44 years in the Edmonds […]
Kinderhook Partners with Auto-Wares and Acquires Lafayette Warehouse
Kinderhook Industries, LLC announced the recapitalization of AWI Holdings, LLC (Auto-Wares) in partnership with management. Auto-Wares is a distributor of aftermarket automotive parts to independent service centers, independent parts stores, and direct to consumer through its network of 200+ company-owned stores. Financial terms of the transaction were not disclosed. Subsequent to the recapitalization, Auto-Wares acquired […]
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