MSO clarifies it is no longer reporting individual acquisitions as they occur, remains committed to goal of doubling 2019 revenues by 2025. The Boyd Group issued a press release today clarifying that it is no longer announcing acquisitions as they occur and that they have continued to acquire facilities during the current quarter. According to […]
Crash Champions Acquires 12 Collision Repair Centers in Florida
Crash Champions, LLC announced the closing of five acquisitions across Florida, adding 12 new collision repair centers to the company’s footprint in the state. With these acquisitions, Crash now operates 27 Florida shops. The company first entered Florida’s key growth market earlier this year. The new acquisitions include: Basset Group in Clearwater (2), Sunrise (1), […]
Penske Automotive Group Acquires BMW Dealership in Michigan
Penske Automotive Group, Inc. (NYSE:PAG) announced that it has acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, Mich., representing the company’s 48th BMW dealership world-wide. Commenting on the acquisition, President Rob Kurnick said, “This dealership has a strong legacy of serving BMW enthusiasts in the metropolitan Detroit market for over 50 years. We are […]
Crash Champions Acquiring 12 Collision Repair Centers by Year End
Announces completion of three acquisitions in Montana, Colorado, and Washington State with New Mexico transaction imminent. Crash Champions, LLC announced today a trio acquisitions across Montana and Colorado while solidifying its growing footprint in the Pacific Northwest with another acquisition in the Spokane metro-area. These transactions were followed by an announcement that Crash has entered […]
Classic Collision Acquires Collision Repair Center in Cocoa, Florida
Classic Collision, LLC, announced the acquisition of Therber Collision Center in Cocoa, Fla. Therber Collision has served the Cocoa community well since 2006. Mike Therber and his team have specialized in providing a wide range of auto body products and services. “Fran and I are excited in this new chapter and would like to thank […]
Classic Collision Acquires Collision Repair Center in Arizona
New acquisition marks the multiple collision repair shop operator’s entry into the state. Classic Collision, LLC, the collision repair operator based in Atlanta, Ga., announced the acquisition of Ric’s Body & Paint in Scottsdale, Ariz. Classic Collision now operates a total of 164 repair centers in Alabama, Alaska, Arizona, California, Florida, Georgia, Nevada, Oregon, South […]
Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition
Acquisition of Top-15 U.S. Dealer Group expected to add $3.2 Billion in annualized revenues. Sonic Automotive, Inc. (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, announced the closing of the acquisition of RFJ Auto Partners, Inc. that was originally announced in September. This acquisition represents one of the largest transactions […]
Repairify Acquires One Guard Inspections
Repairify, Inc., a portfolio company of Kinderhook Industries, LLC, announced today the acquisition of One Guard Inspections, a Texas-based vehicle inspection company with a network of thousands of certified inspectors covering the United States and Canada. The newly acquired company is a veteran-owned business whose clientele is comprised of many of the automotive industry’s top […]
Allstate Sells Majority of Northbrook, Illinois Campus
The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate is selling the property as employees have more choice about where they work […]
Crash Champions Acquires Two Collision Repair Centers in San Diego Metro Area
Crash Champions, LLC announced it has acquired two collision repair centers in the San Diego, Calif. metropolitan area owned and operated by collision industry veteran Dan Greenwald and his family. This acquisition further strengthens Crash Champions’ presence in the Southern California region, now at 28 locations, and marks the Company’s fourth location in the metro […]
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