Lemonade (NYSE:LMND) announced an agreement to acquire Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares […]
Crash Champions Acquires Collision Repair Center in Northern Florida
Crash Champions, LLC announced today it has acquired Florida-based Sunbeam Autobody, consisting of two Jacksonville, Fla. locations – a 56,000 square foot facility at 5200 Sunbeam Road and a 15,000 square foot facility at 7135 Atlantic Boulevard. With the addition of Sunbeam, Crash now has 15 locations across the state of Florida. “Sunbeam represents a […]
Classic Collision Acquires Two Collision Repair Centers in North Carolina
Multiple shop operator now has 155 centers in 11 states. Classic Collision, LLC, the collision repair operator based in Atlanta, Ga., announced November 5, the acquisition of two collision repair centers in North Carolina. Classic acquired two Certified Collision Services repair centers located in Matthews and Monroe, N.C. Classic Collision now operates a total of […]
Crash Champions Acquires Collision Repair Center in Cleveland, Ohio Market
Marks fifth transaction in the Cleveland area this year. Crash Champions, LLC announced it has acquired VIP Autobody, an officially certified Collision Care Provider located at 5178 Richmond Road, located at in Bedford Heights, Ohio. The addition of VIP Autobody is the 5th transaction that the Company has completed in the greater Cleveland metro area […]
Driven Brands Expands to Over 300 Car Washes in the U.S. Following Acquisition of 16 Locations
Driven Brands Holdings Inc. (NASDAQ: DRVN) announced the acquisition of its 100th car wash since entering the business in August 2020 with the acquisition of the International Car Wash Group. This milestone highlights the speed at which Driven Brands is expanding in one of its newest business segments. This brings the total number of Driven […]
Boyd Group Acquires Collision Repair Center in Sycamore, Illinois
The Boyd Group Inc. announced the acquisition of a collision repair center in Sycamore, Ill. This new Gerber Collision & Glass repair center has operated as Hayes Body Shop for 36 years and is located just off Route 23 which is the main roadway between Sycamore and DeKalb, home of Northern Illinois University. “The acquisition […]
Crash Champions Acquires Collision Repair Center in Fort Myers, Florida
Crash Champions, LLC announced it has acquired Annie’s Collision Center, a family-owned auto body shop located at 2293 Bruner Ln, Fort Myers, Fla. The addition of Annie’s will serve as Crash’s 13th location in the state and marks the Company’s second location in Southwest Florida, along with Sarasota. “Annie’s represents a key addition to our […]
IAA Acquires Integrated Salvage and Vehicle Dismantling Company in UK
IAA, Inc. (NYSE: IAA) announced an agreement to acquire the stock of SYNETIQ Ltd., a leading integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million ($309.75 million). IAA, Inc. will acquire the stock of SYNETIQ through its indirect wholly owned subsidiary IAA International Holdings Limited. Founded in 2019 from the merger […]
Boyd Group Acquires Two Collision Repair Centers in Ohio
The Boyd Group Inc. announced the acquisition of two collision repair centers in Medina and North Ridgeville, Ohio. The new Gerber Collision & Glass repair centers previously operated as South of the Square Collision Center, originating in Medina in 1999 and expanding to the North Ridgeville location in 2013. Medina is the county seat of […]
Caliber Acquires 17 Collision Repair Centers from AutoNation
Dealer group will continue to own and operate 55 collision repair centers following transaction. In a regulatory filing yesterday, AutoNation, Inc. announced that on October 12 it entered into a agreement with Caliber Holdings LLC to transfer ownership of up to 17 of its collision repair centers to Caliber. The company also entered into a […]
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