Adds 17 locations in the state. Crash Champions announced today an agreement to acquire Mike’s Auto Body, a leading family-owned collision repair multi-shop operator (MSO) in the greater San Francisco Bay Area. Slated to close in early August 2022, all 17 Mike’s Auto Body locations will operate under the Crash Champions name and banner, bringing […]
Driven Brands Acquires Auto Glass Repairer in Indiana
Driven Brands announced the acquisition of six Perfection Auto Glass locations. According to Driven Brands, the total addressable market for auto glass repair in North America is approximately $5 billion and growing. Perfection Auto Glass, based in Indiana, was founded almost 20 years ago and grew to become one of the largest locally owned auto […]
Sherwin-Williams Acquires German Coatings Company
The Sherwin-Williams Company (NYSE:SHW) announced an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany based developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries. The acquired business has approximately 100 employees and annual sales of approximately $50 million, and will become part of the Sherwin-Williams Performance Coatings Group […]
J.D. Power Acquires UK-Based Data and Predictive Analytics Provider to Bolster Automobile Repair and Warranty Data Sets
J.D. Power announced that it has acquired the data and predictive analytics business of We Predict, the UK-based provider of global automobile service and warranty analytics. We Predict’s software, which is used by auto manufacturers and suppliers to project future component failures and future warranty claims and costs, will be leveraged by J.D. Power to […]
AkzoNobel Acquires African Paints and Coatings Business from Kansai Paint
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 […]
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