PPG (NYSE:PPG) announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. Financial terms were not disclosed. Arsonsisi is a leading supplier of specialty […]
Metromile Stockholders Approve Merger Agreement with Lemonade
Metromile (NASDAQ: MILE, MILEW) the digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held February 1, the Company’s stockholders approved proposal to adopt the merger agreement entered into with Lemonade, Inc. (NYSE: LMND) to acquire Metromile in an all-stock transaction that was previously announced. The merger proposal was […]
Solera Acquires Vehicle Intelligence Company Spireon
Acquisition will expand Solera’s Fleet Solutions and Vehicle Solutions and strengthen its position in AI-Powered software and data services across the vehicle lifecycle. Solera Holdings, LLC announced that it has signed an agreement to acquire Spireon, one of North America’s largest device-independent telematics and connected vehicle intelligence companies, from Greenbriar Equity Fund IV, L.P., a […]
Focus Advisors Reports 62 MSOs with Over 300 Collision Repair Locations Acquired in 2021
Firm says 2021 activity bounced back compared to last year. Focus Advisors Automotive’s David Roberts and Chris Lane released an analysis of 2021 collision repair facility acquisitions and consolidator growth. According to the report, with 2021 now in the rearview mirror, the industry is catching its breath after a year of sprinting that saw extraordinary […]
Crash Champions Acquires Collision Repair Center in Colorado Springs, Colorado
Crash Champions, LLC announced that it has acquired a collision repair center located at 6275 E Platte Ave. in Colorado Springs, Colo. that was owned and operated by collision industry veteran Dave Beem and his family. This acquisition strategically supplements the Company’s recent acquisitions of two single-location collision repair centers in Colorado – Autobahn and […]
Crash Champions Acquires Collision Repair Center in Tampa, Florida
Crash Champions, LLC announced that it has grown its presence in Florida with the acquisition of Salemi’s Body Shop, a single shop located at 1602 N Armenia Ave, in Tampa, Fla. With this acquisition, Crash Champions now has 29 collision repair centers across the Sunshine State. This transaction strategically supplements the Company’s six acquisitions last […]
Crash Champions Acquires Three Collision Repair Centers in New Hampshire
Acquisition of multiple collision repair shop operator marks entry into state. Crash Champions, LLC announced that it has entered the New Hampshire market through the acquisition of Gate City Collision Centers. One of Southern New Hampshire’s largest auto collision repair centers, Gate City Collision has three locations comprising over 30,000 square feet located at 561 […]
Hertrich Automotive Dealerships Acquires Collision Repair Center in Delaware
The Hertrich Family of Automobile Dealerships announced the acquisition of Rickards Restorations and Autobody in Millsboro, Del. Rickards Restorations and Autobody has been family-owned-and-operated and a pillar of the community for several years, a tradition the Hertrich Family is excited to continue. Rickards Restorations and Autobody will now take on the name of Hertrich Collision […]
Garnett Station Partners Invests in VIVE Collision
Garnett Station Partners, LLC, a New York-based principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately $1 billion of assets, today announced it has made a growth investment into VIVE Collision a collision repair multi-site operator. Financial terms of the transaction were not disclosed. Founded in 2021 by Vartan […]
Caliber Acquires 1400th Collision Repair Center
Enters 40th State with Omaha, Nebraska location. The Caliber family of brands – including Caliber Collision, Caliber Auto Care, Caliber Auto Glass, announced it hit another growth milestone with its 1400th collision repair center in Omaha, Neb. Caliber now operates in 40 states, with continued expansion planned in 2022. “When Caliber grows, so do the […]
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