Adds used vehicle reconditioning software provider used by nearly 8,000 technicians that repair more than 40,000 vehicles per day. Repairify, Inc., a portfolio company of Kinderhook Industries, LLC, today announced the acquisition of AutoMobile Technologies (AMT), a provider of enterprise-grade used vehicle reconditioning software. AMT’s technology helps automotive reconditioning providers replace paperwork, enforce processes, and […]
Crash Champions Acquires Collision Repair Center in Cleveland, Ohio Market
Crash Champions, LLC announced that it has grown its presence in the greater Cleveland, Ohio market with the acquisition of Sunnyside Collision located at 5775 W 130th St, in Parma. The addition of Sunnyside Collision is the latest transaction that the Company has completed in the greater Cleveland metro area and follows earlier acquisitions of […]
UTI Announces Purchase of Lisle, Illinois Campus from Joint Venture Partner
Universal Technical Institute (UTI) announced the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD). This was accomplished by the acquisition of the approximately 72% ownership of 2611 CWD previously held by iStar Net Lease […]
Crash Champions Acquires Collision Repair Center in Billings, Montana
Crash Champions, LLC announced today that it has grown its presence in Montana through the acquisition of American Auto Body, a single shop located at 650 S. 20th St. W. in Billings, Mont. This transaction follows the Company’s entry into Big Sky Country through the acquisition of Raisin, a five-location shop with properties extending from […]
D’Ieteren Group Acquires Parts Holding Europe
D’Ieteren Group announces that it has issued a binding offer and entered into exclusive negotiations with Bain Capital Private Equity in view of acquiring 100% of Parts Holding Europe (PHE), a Western European leader in spare parts distribution and services for vehicles and trucks. The proposed transaction values PHE at an Enterprise Value of €1.7 […]
CCC Acquires AI-Subrogation Provider Safekeep
Acquisition to advance CCC’s vision for straight-through processing across the claims lifecycle. CCC Intelligent Solutions (CCC) announced it has acquired Safekeep, an AI leader in subrogation claims management technology. Safekeep is an enterprise platform that leverages AI to speed and improve subrogation management across auto, property, workers’ comp, and other insurance lines of business. The […]
UK’s Alton Cars Repair Group’s 14 Collision Repair Centers Acquired in Management Buyout
Alton Cars Accident Repair Group has been acquired in a management buyout for an undisclosed sum. Established in 1979, the business has grown to sales of £48.5 million ($65.7 million) and has evolved into one of the largest independent collision repair groups in the UK, with 370 staff across 14 locations. Alton Cars has working […]
PPG to Acquire Powder Coatings Manufacturing Business of Arsonsisi
PPG (NYSE:PPG) announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. Financial terms were not disclosed. Arsonsisi is a leading supplier of specialty […]
Metromile Stockholders Approve Merger Agreement with Lemonade
Metromile (NASDAQ: MILE, MILEW) the digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held February 1, the Company’s stockholders approved proposal to adopt the merger agreement entered into with Lemonade, Inc. (NYSE: LMND) to acquire Metromile in an all-stock transaction that was previously announced. The merger proposal was […]
Solera Acquires Vehicle Intelligence Company Spireon
Acquisition will expand Solera’s Fleet Solutions and Vehicle Solutions and strengthen its position in AI-Powered software and data services across the vehicle lifecycle. Solera Holdings, LLC announced that it has signed an agreement to acquire Spireon, one of North America’s largest device-independent telematics and connected vehicle intelligence companies, from Greenbriar Equity Fund IV, L.P., a […]
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