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 […]
Liberty Mutual Completes State Auto Acquisition
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 […]
Crash Champions Acquires Collision Repair Centers in Ohio and Washington State
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 […]
Repairify Acquires AutoMobile Technologies
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 […]
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