Crash Champions, LLC announced the acquisition of Bear Creek Auto Body located at 9894 W Girton Drive in Lakewood, Colo. This transaction marks Crash Champions’ entry into Lakewood, the fifth-most populous city in Colorado, and strategically supplements the Company’s earlier acquisitions of Auto Collision Experts, with four locations in the Fort Collins market, and Karas […]
Liberty Mutual Insurance Seeks to Acquire Malaysian Insurer AmGeneral
Planned acquisition expected to make Liberty Mutual the largest auto insurer in Malaysia. Liberty Mutual Insurance will be applying for regulatory approval to acquire Malaysian insurer AmGeneral Insurance Berhad. AmGeneral is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). The acquisition is Liberty’s second this month in the auto insurance space. On […]
Crash Champions Acquires Collision Repair Center in San Diego
Crash Champions, LLC announced today it has expanded its footprint in San Diego with the acquisition of All American Paint and Body located at 8315 Buckhorn St. in San Diego, Calif. Following this transaction, Crash Champions now has 28 collision repair centers across the state. “All American’s unwavering commitment to providing great service and high-quality […]
Federal Trade Commission Plans Vote on Right to Repair Policy Statement at July 21 Meeting
Commission to consider issuing statement on manufacturer repair restrictions based upon its Nixing the Fix report and Hart-Scott-Rodino prior notice and approval of merger process. Federal Trade Commission Chair Lina Khan announced that an open meeting of the Commission will be held virtually on Wednesday, July 21. As part of the meeting, the FTC will […]
Crash Champions Acquires Two Collision Repair Centers in Ohio
Crash Champions, LLC announced the acquisition of two Centerline Auto Body collision repair centers in Ohio. With the addition of the new locations at 8000 Pearl Road in Strongsville and 2780 Albrecht Ave. in Akron, Crash Champions now has 12 collision repair centers across the state. This transaction strategically supplements the Company’s earlier acquisitions of […]
Liberty Mutual to Acquire State Auto Group
Addition of super-regional insurer is anticipated to make Liberty 2nd-largest independent agency carrier in U.S. Liberty Mutual Holding Company Inc., State Automobile Mutual Insurance Company and State Auto Financial Corporation (NASDAQ: STFC) announced today that they have signed a definitive agreement for Liberty Mutual to acquire State Auto Group, a super-regional insurance holding company headquartered […]
Axalta Acquires U-POL
The UK-based refinish product manufacturer does business in over 100 countries and expects 2021 fiscal net sales of $145 million. Axalta Coating Systems (NYSE: AXTA) today announced that it will acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million ($590 million) subject to certain adjustments set forth in the […]
Group 1 Automotive Acquires Nine Franchises in the U.K.
Group 1 Automotive, Inc. (NYSE: GPI) today announced the expansion of its U.K. operations with the acquisition of nine businesses northeast of London, primarily in the region of East Anglia. These operations represent the family of brands offered by the Volkswagen Group, along with one Citroen dealership with major locations in the cities of Norwich, […]
Boyd Group Acquires 16 Repair Centers in South Carolina and Georgia
The Boyd Group Inc. announced the acquisition of 16 collision repair centers located in South Carolina and Georgia. These new Gerber Collision & Glass repair centers operated as John Harris Body Shops originating in 1975 in Columbia, South Carolina. The South Carolina repair centers are located in Bluffton, Charleston, Columbia (2), Greenville, Greer, Irmo, Lexington […]
Crash Champions Acquires Five Collision Repair Centers in Colorado
Marks entry into Colorado with acquisitions in Denver and Fort Collins metro areas. Crash Champions, LLC announced it has entered the Colorado market with the acquisition of five collision repair centers in two separate transactions. Crash Champions acquired Auto Collision Experts (ACE), with four locations in the Fort Collins metropolitan area, and Karas Auto Body, […]
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