Crash Champions, LLC announced it expanded its footprint in the Kansas City metropolitan area, through the acquisition of Molle Toyota’s collision repair center. As part of the deal, Molle Toyota will maintain full independent ownership and operations of its automotive dealership, while Crash Champions will acquire and assume operations of the collision repair center effective […]
Crash Champions Acquires Two Collision Repair Centers in Spokane
Company now has 21 locations across Washington State. Crash Champions, LLC announced that it has grown its presence in Eastern Washington through the acquisition of DAA Auto Body Centers in Spokane, Wash. DAA serves customers at two Spokane-area repair centers, located at 3001 E. Palouse Highway and 2607 S. Hayford Road. With the addition of […]
Ancora Opposes IAA Sale to Ritchie Bros.
Ancora Holdings Group, LLC, that owns approximately 4% of the outstanding shares of IAA, Inc. (NYSE:IAA) yesterday released a letter to the IAA Board of Directors stating it opposes the proposed sale to Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSE: RBA) that was announced last week. “We have had long-standing concerns regarding IAA’s capital allocation, […]
Crash Champions Acquires Three Collision Repair Centers in West Texas Market
Crash Champions, LLC announced the organization has officially expanded to the West Texas market through the acquisition of Collision King, a leading multi-shop operator (MSO) in Lubbock, Texas. Collision King serves customers at three Lubbock repair centers including: Lubbock Downtown Lubbock South Lubbock Southwest The strategic expansion to the West Texas market grows Crash Champions’ […]
Ritchie Bros to Acquire IAA
Acquisition combines complementary businesses with vision to create a next-generation global marketplace for commercial assets and vehicles. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSE: RBA) and IAA, Inc. (NYSE: IAA), announced an agreement for Ritchie Bros. to acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of $1.0 billion […]
AutoCanada Acquires Two Luxury Collision Repair Centers in Scarborough, Ontario
AutoCanada Inc. (TSE:ACQ), the multi-location North American automobile dealership group, announced today that it has acquired two luxury collision repair centers, Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest, both located in Scarborough, Ontario, Canada Excellence Auto is one of the premiere collision repair operators across all of Canada. The business has provided […]
West Edge Partners Acquires Dakotaland Autoglass
West Edge Partners (WEP), a lower middle market private equity firm, announced the acquisition of Dakotaland Autoglass (DAG), a regional distributor and service provider to the aftermarket automotive replacement glass and paint, body & equipment (PBE) industries. Terms of the transaction were not disclosed. DAG, headquartered in Sioux Falls, S.D., distributes aftermarket automotive glass and PBE […]
Classic Collision Acquires Collision Repair Centers in North Carolina and Texas
Classic Collision, LLC announced two new closings Friday, including the acquisition of Smitty’s Collision in Mooresville, N.C. and a CARSTAR Franchise in Houston, Texas. Smitty’s Collision opened their doors 20 years ago with a commitment to bring quality repairs to the Mooresville area. “We used the most up to date technology to return vehicles to […]
Hertrich Dealerships Acquires Porter Nissan, Porter Infiniti and Porter Auto Body West in Delaware
The Hertrich Family of Automobile Dealerships announced the acquisition of Porter Nissan, Porter Infiniti and Porter Auto Body West in Newark, Delaware. “After 22 years of providing automotive services to our community and careers to our loyal and hardworking employees, we have decided to hand over the reins to the Hertrich Auto Group. It was […]
AutoCanada Acquires Collision Repair Center in Saskatoon, Saskatchewan
AutoCanada Inc. (TSE:ACQ), a multi-location North American automobile dealership group, announced that it has acquired Kavia Auto Body, a collision repair center located in Saskatoon, Saskatchewan. Kavia Autobody is an SGI Elite collision center and has provided superior collision services to Saskatoon and the surrounding area for nearly 40 years. The store also maintains certifications […]
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