Classic Collision, LLC announced its second multi-shop acquisition in less than 30 days with the acquisition of both Orlando’s Supercenter Auto Body Repair locations in Orlando, Fla. Classic Collision now has 20 Florida locations and operates 62 centers total in Georgia, Florida, Alabama, South Carolina, and California. Orlando’s Supercenter Auto Body has been servicing the […]
Private Equity Firm LNC Partners Invests in Kaizen Collision Center
Multiple shop operator currently has 10 collision repair centers in Arizona and Southern California. LNC Partners, a Northern Virginia-based private equity firm with over $500 million of capital under management, announced that it has partnered with Kaizen Collision Center by making an investment to support its continued growth strategy. Kaizen currently operates 10 collision repair […]
Boyd Group Acquires Collision Repair Center in South Carolina
The Boyd Group Inc. announced the acquisition of a collision repair center in Columbia, South Carolina. The new Gerber Collision & Glass location operated as Jimmy Rivers Body & Paint Shop for more than five decades. Columbia is the capital of South Carolina, the second largest city in the state and anchors a metropolitan area […]
Progressive Acquires Commercial Auto Insurer Protective Insurance
The Progressive Corporation (NYSE: PGR) and Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB) announced that they have entered into an agreement for Progressive to acquire all of the outstanding Class A and Class B common shares of Protective for $23.30 per share in cash, for a total transaction value of approximately $338 million. The acquisition […]
Solera Holdings Reported Considering Going Public via SPAC
According to a report in Bloomberg, Solera Holdings is considering returning to the public markets via a merger with the special purpose acquisition company (SPAC) Apollo Strategic Growth Capital (APSG). SPACs are a type of blank check company created to pool funds in order to finance a merger acquisition. They have become popular as a […]
CCC Information Services to Go Public Through SPAC Merger
Will merge with a special purpose acquisition company formed by Dragoneer Investment Group that places an approximately $7 billion value on the company. CCC Information Services Inc. and Dragoneer Growth Opportunities Corp. (NYSE: DGNR), a special purpose acquisition company (SPAC) formed by an affiliate of Dragoneer Investment Group, announced a merger agreement between Dragoneer and […]
Boyd Group Acquires Collision Repair Center in Florida
The Boyd Group Inc. announced the acquisition of a collision repair center in Longwood, Fla. The new Gerber Collision & Glass location has operated as a collision repair center for 20 years. Longwood is a northern suburb of Orlando within a metropolitan area of approximately 2.5 million people. “We look forward to continuing to provide […]
Crash Champions Acquires Nine Collision Repair Centers in Midwest
Crash Champions, LLC announced the acquisition of nine collision repair shops in several separate transactions in Ohio, Illinois, Missouri, Kansas, and Wisconsin. In the Cleveland, Ohio market, Crash Champions completed the acquisition of three Excalibur Collision repair shops, located in Streetsboro, Chagrin Falls, and South Euclid and comprising 34,200-sq. ft. total for conventional insurance work. […]
Classic Collision Acquires Two Collision Repair Centers in Florida
Multiple shop operator now has 60 facilities in five states. Classic Collision, LLC announced its second acquisition in two weeks with the acquisition of America’s Best Auto Body locations in Palm Bay and Vero Beach Fla. Classic Collision now has 18 Florida locations and operates 60 centers total in Georgia, Florida, Alabama, South Carolina, and […]
Allstate to Sell Life Insurance Business for $2.8 Billion to Focus on Personal Property Insurance and Protection Business Growth
The Allstate Corporation (NYSE: ALL) has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by Blackstone for $2.8 billion. ALIC holds approximately 80% (or $23 billion) of Allstate’s life and annuity reserves and generated net income of $467 million in 2019 and a net loss of $23 million in the first nine […]
- « Previous Page
- 1
- …
- 53
- 54
- 55
- 56
- 57
- …
- 113
- Next Page »