New acquisition marks the multiple collision repair shop operator’s entry into the state. Classic Collision, LLC, the collision repair operator based in Atlanta, Ga., announced the acquisition of Ric’s Body & Paint in Scottsdale, Ariz. Classic Collision now operates a total of 164 repair centers in Alabama, Alaska, Arizona, California, Florida, Georgia, Nevada, Oregon, South […]
Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition
Acquisition of Top-15 U.S. Dealer Group expected to add $3.2 Billion in annualized revenues. Sonic Automotive, Inc. (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, announced the closing of the acquisition of RFJ Auto Partners, Inc. that was originally announced in September. This acquisition represents one of the largest transactions […]
Repairify Acquires One Guard Inspections
Repairify, Inc., a portfolio company of Kinderhook Industries, LLC, announced today the acquisition of One Guard Inspections, a Texas-based vehicle inspection company with a network of thousands of certified inspectors covering the United States and Canada. The newly acquired company is a veteran-owned business whose clientele is comprised of many of the automotive industry’s top […]
Allstate Sells Majority of Northbrook, Illinois Campus
The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate is selling the property as employees have more choice about where they work […]
Crash Champions Acquires Two Collision Repair Centers in San Diego Metro Area
Crash Champions, LLC announced it has acquired two collision repair centers in the San Diego, Calif. metropolitan area owned and operated by collision industry veteran Dan Greenwald and his family. This acquisition further strengthens Crash Champions’ presence in the Southern California region, now at 28 locations, and marks the Company’s fourth location in the metro […]
Sentinel Capital Partners Acquires Empire Auto Parts
Sentinel Capital Partners, a private equity firm, announced its acquisition of Empire Auto Parts, a distributor of aftermarket collision repair parts. Terms of the deal were not disclosed. Headquartered in Totowa, N.J., Empire operates five distribution hubs and 22 satellite delivery locations across 16 contiguous eastern states. With a vast assortment of top-quality products and […]
Crash Champions Acquires 30,000 Square Foot Collision Repair Center in Baltimore Market
Crash Champions, LLC announced it has acquired Maryland-based 24/7 Collision Care, a 30,800 square foot facility serving the Baltimore metro area and located at 85 Dover Road NE in Glen Burnie. With the addition of 24/7 Collision, Crash now has nine locations across the state of Maryland. “24/7 Collision has established itself as a leading […]
Classic Collision Acquires 8 Collision Repair Centers in Southern California
Classic Collision, LLC announced the acquisition of Platinum Collision Centers in southern California. The acquisition will make Classic one of the largest collision providers in the region with a footprint of 24 centers throughout Southern California. The firm has 163 locations in 11 states. “This company delivers the very best to customers. This move to […]
Lemonade To Acquire Auto Insurer Metromile
Lemonade (NYSE:LMND) announced an agreement to acquire Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares […]
Crash Champions Acquires Collision Repair Center in Northern Florida
Crash Champions, LLC announced today it has acquired Florida-based Sunbeam Autobody, consisting of two Jacksonville, Fla. locations – a 56,000 square foot facility at 5200 Sunbeam Road and a 15,000 square foot facility at 7135 Atlantic Boulevard. With the addition of Sunbeam, Crash now has 15 locations across the state of Florida. “Sunbeam represents a […]
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