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You are here: Home / Archives for Acquisitions

LKQ Selling PGW Auto Glass Business to One Equity Partners

March 14, 2022 By CollisionWeek Editor

PGW had $400 million in revenue during 2021. LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to the private equity firm One Equity Partners (OEP). The transaction is expected to be completed during the […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, One Equity Partners, Pittsburgh Glass Works

Ed Morse Automotive Group Acquires Four Dealerships and NAPA Store in Iowa

March 10, 2022 By CollisionWeek Editor

The Ed Morse Automotive Group announced today that it has acquired four dealerships and a parts center in Muscatine and DeWitt, Iowa. Ed Morse Automotive Group purchased the dealerships from Kreiger Motor Company. Kreiger also operates a collision repair center. These new dealerships will be: Ed Morse Ford & Ed Morse Lincoln formerly Kriegers Ford […]

Filed Under: News Tagged With: Acquisitions, Ed Morse, Iowa

Group 1 Automotive Acquires Toyota Dealership in Austin, Texas

March 9, 2022 By CollisionWeek Editor

Group 1 Automotive, Inc. (NYSE:GPI) announced the acquisition of Charles Maund Toyota in Austin, Texas. Charles Maund Toyota operated a Toyota Certified Collision Center. Group 1 now has 201 dealerships located in the U.S. and U.K. with 267 franchises and 46 collision repair centers. The dealership, which will be renamed Toyota of North Austin, is […]

Filed Under: News Tagged With: Acquisitions, Group 1, Texas

IAA Receives Final UK Regulatory Approval of SYNETIQ Acquisition

March 3, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) today announced that the UK’s Competition and Markets Authority (CMA) has cleared IAA’s acquisition of SYNETIQ Ltd., an integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million ($301 million). The businesses were previously required to be held separate under an initial enforcement order (IEO) issued by the […]

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, United Kingdom

Liberty Mutual Completes State Auto Acquisition

March 1, 2022 By CollisionWeek Editor

Liberty Mutual Insurance has completed the acquisition of State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio that distributes personal and small commercial coverages in 33 states through approximately 3,400 independent agents. More than 2,000 State Auto employees will join Liberty Mutual’s Global Retail Markets US business unit. Through […]

Filed Under: News Tagged With: Acquisitions, Liberty Mutual Insurance, State Auto Insurance

Crash Champions Acquires Collision Repair Centers in Ohio and Washington State

February 23, 2022 By CollisionWeek Editor

Adds three locations in separate transactions. Crash Champions, LLC announced it has expanded its footprint in Ohio and Washington with its latest acquisitions. In Washington State the company acquired Ed’s Premier Auto Body, a single shop located at 2707 East Francis Avenue, in Spokane and River City Body & Paint , a single shop located […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Ohio, Washington State

Repairify Acquires AutoMobile Technologies

February 22, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, AutoMobile Technologies, Kinderhook Industries, Repairify

Crash Champions Acquires Collision Repair Center in Cleveland, Ohio Market

February 16, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Ohio

UTI Announces Purchase of Lisle, Illinois Campus from Joint Venture Partner

February 16, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Illinois, Universal Technical Institute

Crash Champions Acquires Collision Repair Center in Billings, Montana

February 15, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Montana

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