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You are here: Home / Archives for Acquisitions

Safelite Acquires Lee & Cates Glass Auto Glass Division

November 12, 2020 By CollisionWeek Editor

The Safelite Group announced the acquisition of the Lee & Cates Glass auto glass business. The transaction was completed on Friday, November 6. Lee & Cates Glass was founded in 1926 by brothers-in-law Thomas D. Lee Sr. and Raymond H. Cates in Jacksonville, Fla. The company grew into a full-service glass business with locations throughout […]

Filed Under: News Tagged With: Acquisitions, Florida, Georgia, Safelite

OEConnection Acquires Summit Consulting International

November 10, 2020 By CollisionWeek Editor

The acquisition enhances OECs ability to leverage data and deliver increased value to customers. OEConnection (OEC) announced today that it has acquired Summit Consulting Int’l, Inc. (SCI), a business intelligence (BI) consulting and solutions provider to the automotive industry. In addition to dealer fixed operations and body shop consulting, training and OEM-certification services, Summit offers […]

Filed Under: News Tagged With: Acquisitions, OEConnection, Texas

Boyd Group Acquires Three Collision Repair Centers in Michigan

November 4, 2020 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of three collision repair centers in the Upper Peninsula of Michigan. The three new Gerber Collision & Glass repair centers, located in Escanaba, Kingsford and Marquette, previously operated as Classic Auto Collision Centers originating in 1984 in Escanaba. A new repair center was built in 1990 and a […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Michigan

Modine Sells Majority of Automotive Cooling Business to Dana

November 4, 2020 By CollisionWeek Editor

Modine Manufacturing Company (NYSE: MOD) announced that it has signed a definitive agreement with Dana Incorporated to sell the liquid-cooled portion of its automotive business, which represents approximately 70% of its Automotive business revenue. The transaction is an important milestone in Modine’s previously announced plan to exit its Automotive business. The transaction is expected to […]

Filed Under: News Tagged With: Acquisitions, Modine

Crash Champions Acquires Two Collision Repair Centers in Southern California

October 8, 2020 By CollisionWeek Editor

Crash Champions, LLC  announced the acquisition of Fountain Valley Bodyworks, Inc., the largest family owned MSO with two locations in Orange County, Calif. With the addition of Fountain Valley Bodyworks, Crash Champions now has 25 shops in Southern California. Crash Champions has 47 total locations across Illinois, Ohio, Wisconsin, Missouri, and California. Founded in 1974 […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Susquehanna Private Capital Acquires Four Collision Repair Centers in Pennsylvania, Forms Quality Collision Group

October 8, 2020 By CollisionWeek Editor

Quality Collision Group logo

Susquehanna Private Capital, LLC (SPC) announced the acquisition of Brandywine Coach Works a multiple collision repair shop facility operator with four centers that is headquartered in Chadds Ford, Pa. In conjunction with the announcement, SPC announced the formation of Quality Collision Group (QCG), a holding company that will pursue strategic acquisitions of auto repair facilities […]

Filed Under: News Tagged With: Acquisitions, Brandywine Coach Works, Pennsylvania, Quality Collision Group, Susquehanna Private Capital

Private Equity Firm Seeks Delisting of Opus Group Shares

October 7, 2020 By CollisionWeek Editor

Firm formed by Searchlight Capital Partners and Opus CEO controls more than 90% of the publicly-traded shares. Ograi BidCo AB announced it now controls of more than 90 per cent of the shares in Opus Group AB (publ) and is seeking a delisting of the firms share and initiate a compulsory redemption of the remaining […]

Filed Under: News Tagged With: Acquisitions, Autologic Diagnostics, Drew Technologies, Opus Group AB, Sweden

Wesco Group Acquires Sacramento Distributor

October 6, 2020 By CollisionWeek Editor

The PBE distributor now has 71 stores in the western U.S. and Canada. The Wesco Group, the paint, body and equipment distributor in the western U.S. and Canada, is announced that Jim’s Color Corner has joined the Wesco family of companies. Jim’s Color Corner has been serving customers in the Sacramento area since 1959. “We […]

Filed Under: News Tagged With: Acquisitions, California, Wesco

Boyd Group Acquires Two Collision Repair Centers in Wisconsin

September 29, 2020 By CollisionWeek Editor

Expands presence in Milwaukee market. The Boyd Group Inc. announced the acquisition of two collision repair centers in Hales Corners and Milwaukee, Wisc. The locations previously operated as Auto Body Express (Hales Corners) and Lou’s Auto Body (Milwaukee). Milwaukee, located on the western shore of Lake Michigan, is the largest city in Wisconsin with a […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Wisconsin

Classic Collision Acquires Two Collision Repair Centers in Florida

September 29, 2020 By CollisionWeek Editor

Classic Collision, LLC, the Atlanta based multiple collision repair facility operator, announced two separate acquisitions including Collision Professionals, Inc. in Port St. Lucie, Fla. and Treasure Coast Auto Collision in Stuart, Fla. The two acquisitions bring the total number of Classic Collision’s locations in Florida to 14. The company  now operates 41 centers in Georgia, […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

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