Marks entry into Colorado with acquisitions in Denver and Fort Collins metro areas. Crash Champions, LLC announced it has entered the Colorado market with the acquisition of five collision repair centers in two separate transactions. Crash Champions acquired Auto Collision Experts (ACE), with four locations in the Fort Collins metropolitan area, and Karas Auto Body, […]
Hyundai Acquires Robotics Firm Boston Dynamics from SoftBank
Hyundai Motor Group, Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), on June 21 announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion. Additional financial details were […]
Signature Collision Centers Merges with Crash Champions
Following transaction, Crash Champions will have 118 collision repair centers across the U.S. Crash Champions announced today that the Company has entered into an agreement with Signature Collision Centers, one of the largest family owned, independent collision repair companies on the East Coast, to add Signature’s 24 locations to the Crash Champions collision repair platform. […]
IAA Acquires Auto Exchange
Expands company’s footprint in New Jersey market. IAA, Inc. (NYSE: IAA) announced today that it has acquired the entirety of the assets of Marisat, Inc. that does business as Auto Exchange, a salvage recovery industry leader in New Jersey. IAA will operate the business of Auto Exchange going forward. Financial terms of the transaction were […]
Boyd Group Acquires Collision Repair Center in Pittsburgh
The Boyd Group Inc. announced the acquisition of a collision repair center in Pittsburgh, Pa. This new Gerber Collision & Glass location operated as Wolbert Auto Body & Repair and provided service in the community for 49 years. Pittsburgh is the second largest city in Pennsylvania, the county seat of Allegheny County, and the primary […]
Cambridge Mobile Telematics Acquires TrueMotion
Cambridge Mobile Telematics (CMT), the leader in mobile telematics and analytics, announced it has acquired TrueMotion, the second largest mobile telematics provider. CMT will now provide telematics services to 21 out of the 25 largest auto insurers in the United States, and across more than 20 countries, including Canada, the United Kingdom, Germany, South Africa, […]
Atlas Copco Acquires North Carolina Compressor Distributor
Atlas Copco has acquired the operating assets of Compressed Air Systems, Inc. (CAS), a distributor of compressors located in North Carolina in the U.S. CAS is a privately owned company and has 30 employees. The company is located in Salisbury, North Carolina. CAS will become part of the service division within the Compressor Technique Business Area. […]
Boyd Group Acquires Collision Repair Center in New York State
The Boyd Group Inc. announced the acquisition of a collision repair center in Victor, N.Y. This new Gerber Collision & Glass location operated as Austin-Spencer Collision Repair Center – Victor, servicing the community for 35 years. Victor is located in the northwest corner of Ontario County and appeals to many commuters with its proximity to […]
Classic Collision Acquires 4 Collision Repair Centers in Florida
Classic Collision, LLC announced its newest acquisition of all four Mitchco Collision Repair centers in Florida. Classic Collision now operates 25 repair centers in Florida and a total of 78 nationwide in Georgia, Florida, Alabama, South Carolina, California, and Alaska. Mitchco Collision Repair is a family-owned and operated auto repair business providing friendly and quality […]
Crash Champions Enters Northern California Market with Acquisition of Two Collision Repair Centers
Crash Champions, LLC announced it has entered the Northern California market through the acquisition of American Autobody Specialist (AAS), located in Fairfield, Calif., and Diablo Auto Body, located in Pleasanton. With a presence already established in Southern California, the company now has 27 collision repair centers across the state. “We are excited to launch and […]
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