Cushman & Wakefield announced today the firm successfully executed a $30 million sale leaseback of a multiple collision repair facility operator Crash Champions property portfolio in the Greater Chicago region. The deal transacted during the COVID-19 pandemic. Managing Director Jack Chang with Cushman & Wakefield represented the seller and sourced the buyer in the deal. […]
MITCHCO Collision Repair Acquires New Location in Titusville, Florida
MITCHCO Collision Repair announces it acquired Rice’s Body Shop in Titusville, Fla., its fourth location this year in Brevard County. Rice’s Body Shop opened in 1974. Billy Rice JR and his family have a long history in the collision repair industry. MITCHCO Collision Repair has locations in Merritt Island, Melbourne, Indian Harbour Beach and Titusville.
UK-Based Nationwide Accident Repair Services Sold to Vehicle Rental and Accident Management Firm
Hurt by slowdown caused by pandemic the collision repair facility operator was placed in bankruptcy administration and sold. Sale includes 77 collision repair centers and three offices out of 110 total locations. PwC announced that Nationwide Accident Repair Services (NARS) was placed in administration and subsequently sold to RunMyCar Limited, a subsidiary of Redde Northgate […]
Interview: Pete Tagliapietra, NuGenIT an OEC Company
NuGenIT Founder details the synergies generated by the recent acquisition by OEConnection and how it will benefit expanded customer base. In July, OEConnection (OEC), announced the acquisition of NuGenIT, Inc., the software company specializing in body shop and collision industry optimization tools. In our video interview embedded below, Pete Tagliapietra, founder and president of NuGenIT […]
Boyd Group Acquires Two Collision Repair Centers in Arkansas
Acquisition marks entry into state. The Boyd Group Inc. announced the acquisition of two collision repair centers in Farmington and Rogers, Arkansas. The acquisition marks the Boyd Group’s entry into the state of Arkansas. The new Gerber Collision & Glass locations previously operated as Northwest Arkansas Collision Center, originating in 2007 in Farmington and expanding […]
Tom & Ed’s Autobody Acquires Four Collision Repair Centers in East Central Indiana
Combined business includes nine locations and 24-Hour towing division. Tom & Ed’s Autobody, a family owned business since 1983, announced it acquired Riley & Sons collision and mechanical repairs. Tom & Ed’s currently owns and operates locations in Northwest Indiana including Schererville, Merrillville, Crown Point, Burns Harbor, and Cedar Lake. This acquisition expands the business […]
Enterprise Holdings Closes Acquisition of Discount Car and Truck Rentals in Canada
Enterprise Holdings Inc. announced today its Canadian subsidiary has closed its acquisition of Discount Car and Truck Rentals, a leading Canadian car and truck rental company serving customers across Canada that was announced last year. All conditions of closing have been satisfied, including receipt of a no action letter from the Canadian Competition Bureau. The […]
Crash Champions Acquires Collision Repair Center in Milwaukee
The Crash Champions organization announced today their expansion into the Milwaukee, Wis. market with the acquisition of Silver Spring Collision Center in West Bend. The Lamberty family has owned Silver Spring Collision, located at 3000 W. Washington Street, since 1983. With the addition of this facility, Crash Champions continues its expansion throughout the United States […]
Lawson Products Acquires Partsmaster
Lawson Products, Inc. (NASDAQ: LAWS) announced the acquisition of Partsmaster, a leading maintenance, repair and operations (MRO) solutions provider with annual sales of approximately $63 million. Partsmaster serves 16,000 customers with over 200 sales representatives principally through a distribution center located in Greenville, Texas. “This transaction is an important step in our continued growth strategy. […]
Classic Collision Acquires Two Collision Repair Centers in South Florida
New location is 12th in South Florida and 39th overall. Classic Collision, LLC, the Atlanta, Ga.-based multi-shop operator, announced its third acquisition since July 10th. The MSO has acquired two Fender Mender Auto Body locations in Fort Lauderdale, Fla. The new locations are Classic Collision’s 12th South Florida locations and it now operates 39 centers […]
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