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 […]
Crash Champions and Service King to Merge
Collision repair shop operators combined organization will have more than 550 locations in 35 states. Crash Champions announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. and will simultaneously execute a strategic transaction with Service King Collision to merge the two large collision repair center […]
Group 1 Automotive Acquires Three Dealerships and Collision Repair Center in Louisiana
Group 1 Automotive, Inc. (NYSE:GPI) with 204 dealerships located in the U.S. and U.K., announced the expansion of its U.S. operations with the acquisition of three dealerships and a collision center in Shreveport, Louisiana. The dealerships were acquired from Holmes European Motors, L.L.C., and include Mercedes-Benz, Sprinter, Land Rover, Jaguar and Volvo franchises. This acquisition […]
Fix Auto UK Acquires Collision Repair Center from Franchise Partner
Fix Auto UK announced the acquisition of Fix Auto Henley-on-Thames, a move that takes the organization’s number of wholly and part-owned collision repair centers to 10. It acquired the business from franchise partner Jamie Butler following his decision to step away from the industry altogether. This latest acquisition follows the purchase of St Woolos Auto […]
Classic Collision Acquires Repair Center in Littleton, Colorado
Classic Collision, LLC announced the acquisition of a Maaco Franchise in Littleton, Colo. The new facility is Classic’s second in the state. “I look forward to Classic Collision growing on the foundations we’ve created here, while continuing to serve our customers with the same quality repairs” said Brian Greeley, former owner of the facility. “We […]
Lift Auto Group Acquires 5 Collision Repair Centers in British Columbia
Lift now operates 29 locations. Lift Auto Group continues its expansion in the Canadian collision repair industry following its most recent acquisition of Abougoush Collision, with five collision repair shops located throughout the British Columbia (BC) Interior. Previously owned by Methal Abougoush, Abougoush Collision was a very successful and long-standing licensee that conducted business as […]
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