A smaller group of potential acquirers expected to participate next month. The sale of BASF’s coatings business is moving to the next round of offers from a short list of bidders in August according to a report in Bloomberg. According to the report, based upon anonymous sources familiar with the matter, AkzoNobel and several private […]
Fisher Auto Parts Acquires 7 Genden Auto Parts Stores in New England
Fisher Auto Parts announced the acquisition of Genden Auto Parts, a second-generation family business with over 70 years of service. This acquisition significantly strengthens Fisher Auto Parts’ presence in the New England market. Genden Auto Parts operates seven locations across western Massachusetts, northern Connecticut, southern Vermont and southwestern New Hampshire. John Lamoureux, owner of Genden […]
Focus Advisors and Veritas Advisors Merge M&A Operations
Focus Advisors and Veritas Advisors announced a merger that combines the two established mergers and acquisitions (M&A) advisory firms serving the automotive collision repair sector. The deal brings together Focus CEO David Roberts and Veritas Founder John Walcher, along with their respective teams. The combined firm has advised on more than 120 automotive services transactions, […]
Car Center Collision Partners with Fox Motors, Opens New Repair Center
Car Center Collision Repair announced it has entered into a partnership with Fox Motors in Grand Rapids, Mich to serve as the dealership group’s direct referral collision repair partner for eight brands: Acura, Ford, Honda, Hyundai, Kia, Mazda, Nissan and Subaru. As part of the agreement, Car Center Collision purchased the former Fox Shine Car […]
Wren’s Collision Group Acquires Repair Facility in Marietta, Georgia
Wren’s Collision Group announced today it has acquired Pugmire Collision, expanding the family-owned company’s operations into the Marietta, Ga. market. The newly acquired repair facility is Wren’s 19th location. The company said it will retain Pugmire’s existing staff and maintain current service standards. “Our growth is always guided by our purpose—to serve with integrity, provide […]
Aviva Completes $5 Billion Acquisition of Direct Line to Become Largest Auto and Home Insurer in the UK
Combined group will have nearly 20% of UK auto insurance market, operate 47 collision repair centers. Aviva announced yesterday the completion of its £3.7 billion ($5.03 billion) acquisition of Direct Line Group (DLG) to become the United Kingdom’s largest auto and home insurance company. Amanda Blanc, Group Chief Executive Officer, Aviva plc said, “The completion […]
AkzoNobel to Sell AkzoNobel India to JSW Group
Akzo Nobel N.V. has signed an agreement to sell its shareholding in Akzo Nobel India Limited (ANIL) to the JSW Group, one of India’s leading diversified conglomerates. The transaction is based on a total enterprise value of approximately €1.4 billion ($1.64 billion), representing an EV/EBITDA multiple of 22x, and includes AkzoNobel’s liquid paints and coatings […]
Private Equity Firm Expands Automotive Equipment Platform With North Carolina Acquisition
Cincinnati-based Brixey & Meyer Capital (BMC) announced today it acquired Universal Distribution Group, adding the Charlotte, N.C.-based automotive equipment provider to its growing aftermarket platform. The deal brings Universal Distribution Group founder Josh Lyerly’s company under BMC’s umbrella while allowing Lyerly to retain an ownership stake and continue leading the business. Financial terms were not […]
Classic Collision Acquires Repair Facility in Alabama
Classic Collision, LLC announced the acquisition of Advanced Collision of Semmes, Inc. in Semmes, Ala. Advanced Collision of Semmes is a locally owned and operated auto body repair that has operated for over 23 years. Classic Collision, founded in 1983 in Atlanta, Georgia, operates 339 collision repair facilities nationwide.
Driving Force Collision Expands Into Northeast With 3-Store New York Acquisition
Driving Force Collision has acquired Precision Auto Works of LIC, a three-location collision repair company serving New York City and Long Island markets, according to advisory firms that handled the transaction. The acquisition, finalized in November 2024, marks Driving Force’s first expansion into the Northeast region. The deal was announced this week after what the […]
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- …
- 124
- Next Page »