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 […]
Opus IVS Acquires Auto Techcelerators
Opus IVS today announced the completion of the acquisition of Auto Techcelerators, the provider of ADAS identification, calibration and ADAS safety system verification software through their popular ADAS CoPilot , Calibration CoPilot and Test Drive CoPilot product suites. According to Opus IVS, Auto Techcelerators counts many leading automotive repair shops and organizations among their customers […]
Fenix Parts Acquires Michigan Auto Recycler
Fenix Parts, the recycler and reseller of original equipment manufacturer automotive parts, announced it has completed its acquisition of the assets of American & Import Auto Parts in Sterling Heights, Mich. American is a full-service automotive recycler servicing the metro Detroit market. This is Fenix Parts’ fourth acquisition in the Midwest and brings Fenix’s location […]
Classic Collision Adds Three Repair Centers in Florida
MSO now has 37 locations in the state and 203 overall. Classic Collision, LLC on October 21 announced it has three new shops in Florida, including the acquisition of Fenders Collision USA in Fort Walton Beach and Crestview along with a newly renovated facility opening in Orlando. Fenders Collision USA started their business wanting to […]
Crash Champions Acquires Third Collision Repair Center in Portland, Oregon Metro Area
Crash Champions, LLC announced it has expanded service in the Portland, Ore. metro area after it closed a deal to acquire a location with about 17,000 sq. ft. of production space at 935 Southeast 202nd Avenue in Gresham. Crash Champions, which opened its first Portland location earlier this year, now serves area customers and business […]
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