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You are here: Home / Archives for Acquisitions

UK’s Morelli Group Acquires Coachfinish in Belfast

April 17, 2023 By CollisionWeek Editor

The Directors of Morelli Group, the UK’s largest independent distributor of refinish products and services, are pleased to announce that we have acquired Coachfinish NI Ltd, the Northern Ireland refinish distributor. The official announcement was made to staff of both businesses last week and the official start date is June 1, 2023. The move to […]

Filed Under: News Tagged With: Acquisitions, Morelli Group, Northern Ireland

Wesco Acquires Custom Colors Auto Body Supplies

April 12, 2023 By CollisionWeek Editor

Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that Custom Colors Auto Body Supplies has joined the Wesco Team. Custom Colors has been servicing the Santa Maria Valley and surrounding areas in Southern California for the past 56 years. Alan Tuck, the current owner, started working with his father […]

Filed Under: News Tagged With: Acquisitions, California, PBE Distributor, Wesco

Classic Collision Acquires Repair Center in Texas

April 11, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Texas

Quality Collision Group Acquires Schaefer Autobody Centers

April 5, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Missouri, Quality Collision Group, Schaefer Autobody Centers, Susquehanna Private Capital

Wesco Group Acquires Northern California PBE Distributor

April 5, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, California, PBE Distributor, Wesco

Classic Collision Acquires New Repair Centers in Denver and Orlando

March 31, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Colorado, Florida

Universal Technical Institute Announces Purchase of Primary Buildings for Orlando Campus

March 24, 2023 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Acquisitions, Florida, Universal Technical Institute

Lift Auto Group Acquires 5 Collision Repair Centers in Alberta, Canada

March 21, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Alberta, Canada, Lift Auto Group

Classic Collision Acquires New Repair Center in Lakeland, Florida

March 20, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Shareholders Approve Ritchie Bros. Acquisition of IAA

March 15, 2023 By CollisionWeek Editor

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. […]

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, Ritchie Bros

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