Newly-created Wheels Division includes Blackburn, Jante Wheel, and Perfection Wheel. All Star Auto Lights, the distributor of alternative automotive parts and a portfolio company of Atlantic Street Capital (ASC), announced today the acquisition of Blackburn OEM Wheel Solutions, a leading supplier of new and refurbished original equipment manufacturer (OEM) steel and alloy wheels for the […]
Autocrafters CARSTAR Collision Has New Owner
CARSTAR announced Jimmy Nguyen is the new owner of Autocrafters CARSTAR Collision, a 10,000 sq. ft. collision repair center, located at 2659 Bristol Pike, in Bensalem, Pa. Nguyen has been in the collision repair industry for 21 years. Once an employee, he recently took over the store and has welcomed change in order to meet […]
Classic Collision Acquires Repair Facility in Stafford, Texas
Classic Collision, LLC announced July 29 the acquisition of Apollo Paint and Body Shop in Stafford, Texas. As one of the largest family-owned body repair companies in Texas, Apollo Paint and Body has been serving the Houston community for the past 35 years. “Our company takes pride in family values and complete customer satisfaction, and […]
Lemonade Sells Metromile’s Enterprise Business Solutions Platform
Lemonade (NYSE: LMND), the insurance company powered by AI and social impact, today announced the close of its divestiture of Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform, EIS. EBS was Metromile’s SaaS claims automation and fraud detection platform which it licensed to large insurance carriers. The all-cash transaction was completed following the close […]
Driven Brands Acquires Jack Morris Auto Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) the acquisition of longstanding Tennessee-based Jack Morris Auto Glass. Family-owned and operated since 1951, Jack Morris Auto Glass grew from one location in Downtown Memphis to 10 facilities serving 90 counties throughout the Mid-South and Middle Tennessee. “To build and sustain a business through multiple generations is no easy feat,” […]
Lemonade Completes Acquisition of Metromile
Lemonade (NYSE:LMND) announced the closing of its previously announced acquisition of car insurance provider Metromile. Metromile shareholders received 7.3 million LMND shares, while Lemonade received a business with over $155 million in cash, over $110 million in premiums, an insurance entity licensed in 49 states, and a team unsurpassed in harnessing precision data for auto […]
Classic Collision Expands in Colorado and Alaska
Announces collision repair center acquisition and newly constructed location. Classic Collision, LLC announced two new locations on July 22, including the acquisition of Ramsey AutoBody in Lakewood, Colo. and the opening of Classic Collision Wasilla in Wasilla, Alaska. Ramsey AutoBody has been in operation since 1969 and has been servicing the Denver Metro area for […]
Uni-Select Acquires Distributor in Ontario, Canada
Uni-Select Inc. announced today that it has entered into a definitive agreement to acquire Maslack Supply Limited and related real properties, expanding its presence in Ontario, Canada. Family-owned and operated, Maslack was founded in 1959 and has grown to include 13 locations across northern Ontario, over 200 dedicated employees, and over CA$52 million dollars ($42.4 […]
Safelite Group Acquires Michigan Glass Installer
Safelite Group announced the acquisition of Henderson Glass in Michigan. The transaction closed on Friday, July 15. “Founded in 1915, Henderson Glass has a long-standing history of outstanding customer service and a commitment to high-quality work,” said Renee Cacchillo, President and CEO of Safelite Group. “We’re proud to welcome their associates to our business.” “This […]
Fenix Parts Acquires Auto Recycler in Central New York State
Fenix Parts announced it has completed its acquisition of the assets of A&P Auto Parts and U-Pull U-Save Auto Parts in central New York State. This is the largest acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LLC in April 2018. A&P is a full-service automotive recycler […]
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