Continuing industry labor shortage and parts supply issues constrain growth. Company reports an unprecedented number of insurers increasing labor rates in response to wage and cost inflation. Boyd Group Services Inc. (TSE:BYD) today announced sales of $556.8 million for the first quarter ended March 31, up 32% from $421.6 million in the same period of […]
Kaizen Collision Center Acquires Collision Repair Centers in California and Nevada
LNC Partners announced May 3 that Kaizen Collision Center completed the acquisitions of Certified Auto Body Center, a single-store collision repair shop in Las Vegas, Nevada, and Mainline Auto Body Center, a single-store collision repair shop in Santa Maria, California, further expanding Kaizen’s presence on the West coast. In 2021, LNC Partners, a Northern Virginia-based […]
Crash Champions Acquires Collision Repair Centers in California and Idaho
Crash Champions, LLC announced that it has acquired Costelli & Pardini Auto Body, a San Francisco Bay Area collision repair shop located at 2002 Palm Ave in San Mateo, Calif., and Ruben’s Body Shop located at 911 3rd St S in Nampa, Idaho. The acquisition of Costelli & Pardini gives Crash Champions 34 locations across […]
Crash Champions Acquires Two Florida Collision Repair Centers in Separate Transactions
Crash Champions, LLC announced that it has expanded its Southern Florida footprint through the acquisition of Auto Collision Technologies, a single shop located at 8401 SE Federal Highway in Hobe Sound, and Paint-N-Motion, Inc., a single shop located at 23732 SW 132 Ave in Homestead. The acquisition of Auto Collision Technologies and Paint-N-Motion follows the […]
Driven Brands Acquires All Star Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the continued expansion of its auto glass offering in the U.S. with the acquisition of All Star Glass. Founded by Sam Scharaga over 40 years ago, All Star Glass grew to become the largest family-owned auto glass company in the United States, through its commitment to customer safety and […]
Wren’s Collision Group Acquires Ninth Collision Repair Center
Wren’s Collision Group announced the acquisition of a new 15,000 sq. ft. collision repair center on Monday, April 18, located at 1852 Josh Pirkle Road in Braselton, Ga. Established by Ray Wren, Wren’s Body Shop of Douglasville, Georgia first opened its doors to the public in 1954. With the latest acquisition, third-generation owners Phil and […]
Crash Champions Acquires Collision Repair Center in Montana
Crash Champions, LLC announced today the addition of Collision Pro to its growing Montana footprint. Collision Pro has two locations in Helena, at 420 Dorothy Street and 700 River Rock Drive, and the acquisition gives Crash Champions eight collision repair centers across the Big Sky state. This transaction follows Crash Champions’ earlier acquisitions of American […]
3M Acquires LeanTec to Support Collision Repair Inventory Management and Digital Solutions
Technology advances 3M ‘connected bodyshop’ vision and provides collision repair shop owners and managers more access to data for enhanced productivity. 3M (NYSE:MMM) today announced that it has acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket segment in the United States and Canada. The acquisition will […]
Classic Collision Acquires Repair Center in Houston, Texas
Classic Collision announced the acquisition of Uptown Collision in Houston, Texas. Uptown Collision Center has serviced Houston Galleria and Metro Houston since 2010. Their goal was to expedite the vehicle repair process to ensure the customer is on their way in their repaired vehicle as soon as possible. “This business has brought a good service […]
LKQ Corporation Completes Sale of PGW Auto Glass Business to One Equity Partners
Sale price was $362 million. LKQ Corporation (NASDAQ:LKQ) announced that it has completed its previously announced agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to One Equity Partners. The sale price was $362 million, subject to customary post-closing purchase price adjustments. LKQ will report the financial […]
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