LKQ Corporation announced that it is acquiring Greenlight Automotive, a Nebraska-based automotive mobile diagnostic services business. Initially, until all systems are converted, Greenlight will continue to operate under its current branding. By year end, Greenlight will officially migrate to Elitek Vehicle Services branding. Through Greenlight, Elitek continues to expand its national coverage to include the […]
Classic Collision Acquires Multiple Collision Repair Shop Operator in California
Company now has 12 locations in the state, 65 in five states. Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, Ga., announced its third multi-shop acquisition in California with the acquisition of all three Signature Auto Collision locations in the San Bernardino market. Classic Collision now has 12 California locations and operates […]
Private Equity Firm American Pacific Group and Gray Eagle Capital Partners Launch Aesop Auto Parts with Wayne Auto Salvage Acquisition
American Pacific Group (APG), a San Francisco-based private equity firm, announced today that, together with Allam Taj and Christoph Ganz of Gray Eagle Capital Partners, it has formed Aesop Auto Parts, a company that will serve as a platform to acquire and grow progressive auto recycling businesses. Simultaneously, Aesop acquired Wayne Auto Salvage, an established […]
Boyd Group Acquires Collision Repair Centers in Ohio and Texas
In two separate transactions, the MSO added three locations, including a former dealer facility. The Boyd Group Inc. announced the acquisition of two collision repair centers in Ohio and one in Texas. The new Gerber Collision & Glass locations in Ohio previously operated as Frankie & Dylan’s Complete Collision & Custom Repair, originating in Mentor […]
asTech Acquires adasThink
Repairify, Inc., the parent of asTech and a portfolio company of the private equity firm Kinderhook Industries, announced the acquisition of adasThink, a company that retrieves information related to the vehicle-specific advanced driver-assistance systems (ADAS) and identifies required procedures and calibration based on labor operations in an automotive repair estimate. The transaction represents the tenth add-on […]
3M Invests in asTech Parent Repairify
Strategic investment will help scanning and calibration firm expand in Americas and Europe. Repairify, Inc., known for its asTech device and remote scanning, programing, and calibration services, today announced a strategic investment from 3M. The investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas […]
Classic Collision Acquires Two Collision Repair Centers in Orlando
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 […]
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