The merger between Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA) (NYSE: FCAU / MTA: FCA), that was announced in 2019, which led to the creation of Stellantis N.V. took effect January 16. As previously announced, Stellantis’ common shares will begin trading on Euronext in Paris and on the Mercato Telematico Azionario in […]
asTech Acquires BlueDriver
Repairify, Inc., the parent of asTech and a portfolio company of Kinderhook Industries, LLC, announced the acquisition of Root Four Imagination Inc., the developer of BlueDriver direct-to-consumer aftermarket diagnostic scan tools and services. The company is the ninth add-on acquisition for asTech and Kinderhook’s 99th automotive-related transaction. Financial terms of the transaction were not disclosed. […]
PPG Acquiring German Coatings Company Wörwag
PPG (NYSE:PPG) today announced an agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. “Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, […]
Fenix Parts Acquires All Pro Auto Parts
Fenix Parent LLC, operator of the recycler and reseller of original equipment manufacturer automotive parts, Fenix Parts, announced the closing of the acquisition of the assets of All Pro Auto Parts in Auburndale, Fla. This is the second acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LP […]
Quality Collision Group Acquires Five Collision Repair Centers in Minneapolis
Private equity-backed MSO expands into upper Midwest. The Quality Collision Group, that was formed last Fall by Susquehanna Private Capital, has acquired the Master Collision Group that operates four collision repair centers in the Minneapolis, Minn. market and was in the process of acquiring a fifth location when it was purchased by Quality Collision. All […]
Sonsio and Evolution by Dent Wizard Complete Merger
Sonsio LLC, a provider of vehicle protection and warranty programs to the automotive aftermarket, recently announced its merger with Evolution, Dent Wizard’s F&I vehicle protection division. The merger was effective January 1. The combined company will operate under the Sonsio Vehicle Protection brand. David Jones, Sonsio’s president & CEO, will remain CEO of the newly […]
Boyd Group Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the acquisition of a collision repair center in Avon, Colo. The new Gerber Collision & Glass location previously operated as Rich’s Auto Body and has serviced the market since 1984. Located in the Western Slope of Colorado, Avon attracts visitors for skiing, mountain biking, and hiking. This repair center is […]
Allstate Closes National General Acquisition
The Allstate Corporation (NYSE: ALL) announced that it closed its previously announced $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a […]
Classic Collision Acquires Collision Repair Centers in Florida and California
Classic Collision, LLC, the Atlanta, Ga.-based collision repair facility operator headquartered in Atlanta, announced two acquisition transactions during the end of December. On December 19, Classic announced the acquisition of Collision Concepts in Delray Beach, Fla. Collision Concepts has served the Delray Beach area for over 40 years and meets the highest standard of craftsmanship […]
AutoCanada Acquires Collision Repair Facility in Quebec
AutoCanada announced that it has acquired Auto Bugatti – Certified Collision Repair Centre on September 1st. Auto Bugatti has been in business for over 20 years and has 30,000 sq ft. of production space. The facility opened its doors in 1990 in Dorval, Quebec and has become a Certified Collision Repair Centre for BMW, MINI, […]
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