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You are here: Home / Archives for Acquisitions

Crash Champions Acquires 30,000 Square Foot Collision Repair Center in Baltimore Market

November 16, 2021 By CollisionWeek Editor

Crash Champions, LLC announced it has acquired Maryland-based 24/7 Collision Care, a 30,800 square foot facility serving the Baltimore metro area and located at 85 Dover Road NE in Glen Burnie. With the addition of 24/7 Collision, Crash now has nine locations across the state of Maryland. “24/7 Collision has established itself as a leading […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Maryland

Classic Collision Acquires 8 Collision Repair Centers in Southern California

November 15, 2021 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Platinum Collision Centers in southern California. The acquisition will make Classic one of the largest collision providers in the region with a footprint of 24 centers throughout Southern California. The firm has 163 locations in 11 states.  “This company delivers the very best to customers. This move to […]

Filed Under: News Tagged With: Acquisitions, California, Classic Collision

Lemonade To Acquire Auto Insurer Metromile

November 10, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Auto Insurance, Lemonade, Metromile

Crash Champions Acquires Collision Repair Center in Northern Florida

November 9, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Florida

Classic Collision Acquires Two Collision Repair Centers in North Carolina

November 8, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, North Carolina

Crash Champions Acquires Collision Repair Center in Cleveland, Ohio Market

November 3, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Ohio

Driven Brands Expands to Over 300 Car Washes in the U.S. Following Acquisition of 16 Locations

November 3, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Driven Brands, Georgia, Ohio, West Virginia

Boyd Group Acquires Collision Repair Center in Sycamore, Illinois

October 27, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Illinois

Crash Champions Acquires Collision Repair Center in Fort Myers, Florida

October 26, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Florida

IAA Acquires Integrated Salvage and Vehicle Dismantling Company in UK

October 22, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, United Kingdom

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