Partnership between insurer’s digital investment arm and the claims management platform will support Innovation Group’s growth plans as an independent business under its existing management team. Innovation Group, a global provider of claims and technology solutions to the insurance and automotive industries, yesterday announced that Allianz X has entered into binding agreements with the shareholders […]
Infomedia Ends Buyout Talks with Solera and TA Consortium
Infomedia Ltd (ASX:IFM) provided an update October 3 on the previously announced takeover proposals the company received from Solera Holdings LLC (Solera) and a consortium comprising TA Associates and Viburnum Funds (TA Consortium) to acquire 100% of Infomedia. According to the update, no binding proposal has been received from either party, they confirmed that it […]
Safelite Group Acquires Binswanger Auto Glass Division
Binswanger operates in 12 states. Safelite Group announced the acquisition of the auto glass assets of Binswanger Glass headquartered in Memphis, Tenn with operations throughout the Midwest and Southeastern U.S. The transaction was completed on Friday, September 30. According to the Binswanger Glass website it had 49 locations offering auto glass insurance claims services in […]
Fenix Parts Acquires Ohio Automotive Recycler
Fenix Parts announced it has completed its acquisition of the assets of Reno Auto Parts in Hillsboro, Ohio. Reno is a full-service automotive recycler servicing the Cincinnati and Dayton markets. This is Fenix Parts’ third acquisition in the Midwest and brings Fenix’s location count to 21 full-service and 4 self-service locations. Bill Stevens, CEO of […]
Crash Champions Acquires Collision Repair Center in Charleston, South Carolina
Crash Champions, LLC announced it has acquired Louie & Son’s Body Shop, a single collision repair center located at 429 Fleming Rd., in Charleston, S.C. “We are excited to once again expand the Crash Champions team across South Carolina,” said Matt Ebert, founder and CEO of Crash Champions. “With its state-of-the-art facility and dedication to […]
Warrensburg Collision Acquires 4 Locations in Missouri
Warrensburg Collision announced it acquired four collision repair centers in Missouri. With the acquisition they now have five locations in Sedalia, Higginsville, Odessa, and Grain Valley, as well as their original location in Warrensburg. The company is also rebranding as Collision Leaders. Casey Lund, owner of Collison Leaders, announced the name change and new logo […]
Eagle Merchant Partners Invests in Puget Collision
MSO and private equity firm plan add-on acquisitions. Eagle Merchant Partners, an Atlanta, Ga.-based private equity firm focused on lower middle market businesses, has invested in Puget Collision, which has 19 collision repair facilities operating in the CARSTAR and Fix Auto franchise systems. “I am proud and excited to have the support of Eagle, whose […]
Crash Champions Acquires Collision Repair Center in Bradenton, Florida
Crash Champions, LLC today announced that the company has acquired Lakewood Auto Collision, the single collision repair center located at 3520 81st Ct E in Bradenton, Fla. The acquisition continues Crash Champions’ strategic national growth strategy as the Company now offers customers 50 Florida repair centers, and more than 570 locations nationwide. The Lakewood acquisition […]
Crash Champions Acquires Collision Repair Center in Schaumburg, Illinois
Crash Champions, LLC today announced it has acquired Nationwide Auto Body, a single location collision repair center located at 665 W. Wise Rd, in Schaumburg, Ill. The acquisition continues Crash Champions’ strategic national growth strategy, now with more than 50 locations in Illinois “The Crash Champions family continues to grow nationwide, but the Chicagoland area […]
Classic Collision Acquires Collision Repair Center in Ocala, Florida
Classic Collision, LLC announced the acquisition of International Auto Body in Ocala, Fla. International Auto Body’s 15,000 square foot facility has been servicing Marion County for over 35 years. “Our high-tech team has spent several years providing exceptional customer service, speedy repairs, and thorough vehicle deliveries. We are excited to continue that journey now as […]
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