AkzoNobel announced it is strengthening its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023. Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million […]
Safelite Group Acquires Frontier Glass
Safelite Group, the owner of Safelite AutoGlass , announced today an agreement to acquire the assets of Frontier Glass in Buffalo, N.Y. The transaction was completed on Friday, May 27. “We’re pleased to welcome Frontier Glass associates to the Safelite family,” said Renee Cacchillo, President and CEO of Safelite Group. “Founded in 1920, their focus […]
Service King Reaches Agreement with Financial Stakeholders to Recapitalize Business
Clearlake Capital Group assumes majority ownership. MSO receives $200 million new capital injection, reduces net indebtedness by over $500 million. Service King today announced its entry into a comprehensive agreement with key financial stakeholders that will provide the Company with new capital, reduce debt, extend remaining existing debt maturities, and position Service King to increase […]
Classic Collision Acquires Collision Repair Center in Holly Hill, Florida
Classic Collision, LLC announced the acquisition of The Body Werks repair center in Holly Hill, Fla. The Body Werks has been taking care of the collision repair needs for Daytona and the surrounding areas for almost 40 years. “We have gained a stellar reputation in our community because of our attention to detail and our […]
Crash Champions Celebrates 200 Location Milestone
Company employs 3,500 people at 200 locations in 20 states. Crash Champions, LLC announced that, with the acquisition of two collision repair centers in New Jersey reported yesterday, it has grown to 200 collision repair centers. The company’s M&A strategy has grown Crash Champions by over 2,400 percent since 2019. Today, Crash Champions employs more than […]
Crash Champions Acquires Collision Repair Centers in New Jersey and Pennsylvania
Crash Champions, LLC announced that it has grown its presence in New Jersey and Pennsylvania through the acquisition of Jost Collision and Garage, consisting of two locations at 1502 NJ-138 in Wall Township and 1704 Huntington Ave in Neptune City, N.J. and the acquisition of Syrena Collision Center consisting of two shops located at 691 […]
Incline Equity Partners Invests in Certified Collision Group
Certified Collision Group (CCG) the provider of business development and vendor management solutions to the collision repair market, announced that it has partnered with Incline Equity Partners to enhance its affiliate value proposition, expand its strategic partnerships, and explore new markets. Terms of the deal were not disclosed. Incline Equity Partners, headquartered in Pittsburgh, Pa., […]
Classic Collision Acquires Five Collision Repair Centers in Tennessee
Classic Collision, LLC announced the acquisition of five ABRA Auto Body collision repair facilities in Chattanooga, Cleveland, and Hixson, Tenn. With over three decades of auto body repair experience, the ABRA team is committed to taking care of their customers’ auto repairs through quality workmanship, superior service, and dedication to detail in everything they do. […]
Boyd Group Reports Sales of $556.8 Million in First Quarter, Up 32% Compared to Last Year
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 […]
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