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You are here: Home / Archives for Acquisitions

Group 1 Acquires BMW/MINI Dealership and Collision Repair Center in the UK

September 7, 2022 By CollisionWeek Editor

Group 1 Automotive, Inc. (NYSE:GPI), the automotive retailer with 205 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of a BMW/MINI dealership and a collision repair center in the town of Southend located east of London in the county of Essex.  The location is contiguous […]

Filed Under: News Tagged With: Acquisitions, Group 1, United Kingdom

Wesco Group Acquires Maine PBE Distributor

September 6, 2022 By CollisionWeek Editor

Kemperle, part of the Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that Superior Paint & Supply has joined its family of companies. Steve Zogopoulos, owner of Superior Paint & Supply has been serving customers in Maine since 1994. Steve and his family will stay on and manage the […]

Filed Under: News Tagged With: Acquisitions, Albert Kemperle, Wesco

Safelite Acquires Pro Tech Auto Glass

August 31, 2022 By CollisionWeek Editor

Safelite Group announced the acquisition of Pro Tech Auto Glass, servicing western Pennsylvania, southern New York and eastern Ohio from 12 locations. The transaction closed on Friday, August 26. “Founded in 1972, Pro Tech Auto Glass is committed to their people, their customers and providing high-quality work,” said Renee Cacchillo, President and CEO of Safelite […]

Filed Under: News Tagged With: Acquisitions, New York State, Ohio, Pennsylvania, Safelite

Classic Collision Acquires Collision Repair Center in Florida

August 22, 2022 By CollisionWeek Editor

Facility is MSO’s 30th location in the Sunshine State. Classic Collision, LLC, the Atlanta, Ga.-based multiple collision repair facility operator, announced Sunday it closed on its 30th repair facility in Florida. The company acquired East Coast Collision, a family owned and operated repair facility, in Boynton Beach. East Coast Collision is made up of a […]

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

All Star Auto Lights Acquires Blackburn OEM Wheel Solutions

August 16, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, All Star Auto Lights, Atlantic Street Capital

Autocrafters CARSTAR Collision Has New Owner

August 3, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, CARSTAR, Pennsylvania

Classic Collision Acquires Repair Facility in Stafford, Texas

August 1, 2022 By CollisionWeek Editor

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 […]

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

Lemonade Sells Metromile’s Enterprise Business Solutions Platform

August 1, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, EIS, Lemonade, Metromile

Driven Brands Acquires Jack Morris Auto Glass

July 28, 2022 By CollisionWeek Editor

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,” […]

Filed Under: News Tagged With: Acquisitions, Auto Glass, Driven Brands, Tennesee

Lemonade Completes Acquisition of Metromile

July 28, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Lemonade, Metromile

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