The Boyd Group Inc. announced the acquisition of a collision repair center in Morrow, Georgia. Morrow is a south suburb of Atlanta and home to Clayton State University. The new Gerber Collision & Glass location, situated off a well-traveled roadway referred to as “Dealers Row” due to many car dealerships close by, previously operated under […]
Farmers Acquires MetLife Auto & Home
The Farmers Exchanges and Farmers Group, Inc. (FGI) announced they will jointly acquire MetLife’s property and casualty insurance business. Zurich confirmed in November that its Farmers’ subsidiary was in negotiations with MetLife. Completion of the transaction is subject to regulatory approvals and is anticipated to occur in the second quarter of 2021. As part of […]
Boyd Group Acquires 1st Certified Collision Centers in California
Adds 10 collision repair facilities and one intake center in Southern California The Boyd Group Inc. announced the acquisition of 11 locations in California. Included in the acquisition are 10 repair centers and one intake center in the counties of Riverside and San Bernardino in southern California, east of Los Angeles. Originating with two repair […]
Crash Champions Completes Rebrand of Pacific Elite’s 23 Collision Repair Shops in California
Crash Champions, LLC announced it completed the rebranding of Pacific Elite, formerly the largest family owned operator of collision repair shops in California. Crash Champions acquired Pacific Elite earlier this year and began transitioning its 23 collision repair centers to its nationally recognized brand in early November, with the final location changing its banner on […]
Collision Works Acquires Four Collision Repair Centers in Oklahoma
Collision Works announced the acquisition of four Car Craft collision repair centers in Oklahoma. Including locations in Lawton, El Reno, Bethany, and East Edmond. Owners Greg Kavanaugh & Doug Reinhard have been in the collision repair industry their entire adult lives. Both began their careers as technicians in the business. From there, their progression into […]
Boyd Group Acquires Collision Repair Center in Texas
The Boyd Group Inc. announced the acquisition of a collision repair center in Pflugerville, Texas. The new Gerber Collision & Glass repair center previously operated as Masters Auto Craft, providing service since 2006. Pflugerville is a northeastern suburb of Austin, the capital of Texas. Pflugerville is one of the larger cities within a metropolitan area […]
ProCare Collision Acquires Collision Repair Center in Corpus Christi
ProCare Collision, the Texas-based multiple shop operator announced the acquisition of American Collision Repair Center in Corpus Christi, Texas. With this acquisition, ProCare now has 43 shops across Texas. “We are excited to continue the same great services in the Corpus Christi community and work with the employees that made it so,” said Vince Brock […]
Solera Acquires Collision Repair Shop Management System Provider
Solera Holdings, Inc. announced the acquisition of InSyPro, the Belgium-based software provider. This transaction follows a successful three-year strategic partnership that has seen the creation of an integrated end-to-end Bodyshop Management Solution, providing real-time visibility into operations, anytime, anywhere on any device. According to the company, the acquisition will strengthen the continued development of the […]
Hertz Announces Sale of Donlen Corporation to Athene Holding
Hertz Global Holdings, Inc. (OTCPK: HTZGQ) announced that it has entered into an agreement to sell its wholly-owned subsidiary, Donlen Corporation, a fleet management leader, to Athene Holding Ltd. (NYSE: ATH), a financial services company, for an anticipated cash payment of $825 million subject to adjustments for fleet equity, working capital and assumed debt. Hertz […]
Kemper to Acquire American Access for $370 Million
Kemper Corporation (NYSE: KMPR) announced that it has an agreement to acquire American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings, LLC, and its subsidiaries (AAC), in a cash transaction valued at $370 million. The transaction is expected to close in the first quarter of 2021, subject to regulatory approval […]
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