Adds 11 locations in Texas, Louisiana and Colorado. The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that it acquired Capital Paint & Refinish and Capital Equipment. Capital was founded in May 2015 by Todd Kinsel and his two brothers Craig and Scott. Since its inception Todd and the […]
Classic Collision Acquires Two Collision Repair Centers in Minnesota
Classic Collision, LLC announced the acquisition of Crystal Lake Automotive in Burnsville and Lakeville Minnesota. Classic Collision now operates a total of 176 repair centers in Alabama, Alaska, Arizona, California, Colorado, Florida, Georgia, Minnesota, Nevada, North Carolina, Oregon, South Carolina, Texas, and Washington. Crystal Lake Automotive was established in 1986. In the 1990s, the company […]
Crash Champions Enters Portland, Oregon Market with Acquisition
Crash Champions, LLC announced that it has entered the Portland, Ore. market through the acquisition of two Artistic Auto Body locations comprising over 75,000 sq. ft, located at 7585 SW Hunziker St. in Tigard, and 27975 SW Parkway Ave. in Wilsonville. “I am thrilled that Artistic Auto Body is joining the Crash Champions family and […]
Penske Automotive Group Acquires Three BMW MINI Dealerships and a Collison Repair Center in the UK
Penske Automotive Group, Inc. (NYSE:PAG) today announced that its U.K. subsidiary, the Sytner Group, has acquired three BMW MINI dealerships and a collision repair center in the U.K. The acquired dealerships are located in South East England, north of London, complementing the existing presence of 32 BMW MINI franchises operated by the company in the […]
Olympus Partners Acquires Omega Environmental Technologies
Olympus Partners, a Stamford, Conn. based private equity firm, has acquired Omega Environmental Technologies, the aftermarket distributor of climate control products and other components across the light and heavy-duty automotive sectors, from AEA Investors, which will remain a minority equity investor and retain a board position in the Company. Omega serves thousands of customers globally […]
Classic Collision Acquires Two Collision Repair Centers in Florida
Classic Collision, LLC announced its first acquisition of 2022 with the purchase of two Pro Quality Collision centers in the Fort Lauderdale, Fla. market. With the acquisition Classic will have 28 collision repair centers throughout Florida. “We’ve always strived to be an operator of choice by creating not only a fulfilling workplace but delivering safe […]
LKQ Selling PGW Auto Glass Business to One Equity Partners
PGW had $400 million in revenue during 2021. LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to the private equity firm One Equity Partners (OEP). The transaction is expected to be completed during the […]
Ed Morse Automotive Group Acquires Four Dealerships and NAPA Store in Iowa
The Ed Morse Automotive Group announced today that it has acquired four dealerships and a parts center in Muscatine and DeWitt, Iowa. Ed Morse Automotive Group purchased the dealerships from Kreiger Motor Company. Kreiger also operates a collision repair center. These new dealerships will be: Ed Morse Ford & Ed Morse Lincoln formerly Kriegers Ford […]
Group 1 Automotive Acquires Toyota Dealership in Austin, Texas
Group 1 Automotive, Inc. (NYSE:GPI) announced the acquisition of Charles Maund Toyota in Austin, Texas. Charles Maund Toyota operated a Toyota Certified Collision Center. Group 1 now has 201 dealerships located in the U.S. and U.K. with 267 franchises and 46 collision repair centers. The dealership, which will be renamed Toyota of North Austin, is […]
IAA Receives Final UK Regulatory Approval of SYNETIQ Acquisition
IAA, Inc. (NYSE: IAA) today announced that the UK’s Competition and Markets Authority (CMA) has cleared IAA’s acquisition of SYNETIQ Ltd., an integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million ($301 million). The businesses were previously required to be held separate under an initial enforcement order (IEO) issued by the […]
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