The multiple shop operator now has five locations in Missouri. Crash Champions announced today the acquisition of Precision Collision Centers in the Kansas City metro area. Precision Collision’s three locations in Platte City, Pleasant Valley and Gladstone, will all immediately transition operations to Crash Champions. Precision Collision was founded by Chris Jones in 2004 and […]
Crash Champions Acquires Two Collision Repair Centers in Missouri
Marks entry into fifth state. Crash Champions announced today its entry into Missouri with the acquisition of two collision repair centers. The acquisition includes Dodson Williams Automotive’s two locations at 502 W. Walnut and 2916 W. Republic in Springfield, Mo. that have been actives in the community for four decades. “Crash Champions has been looking […]
State Farm to Acquire Non-Standard Auto Insurer GAINSCO for $400 Million
State Farm Mutual Automobile Insurance Company and GAINSCO, Inc. announced that they have entered into an agreement for State Farm to acquire GAINSCO for approximately $400 million in cash. The transaction is expected to close in early 2021, subject to approval by GAINSCO’s shareholders, the expiration or termination of the applicable waiting period under the […]
Cushman & Wakefield Brokers $30 Million Sale/Leaseback of Crash Champions Collision Repair Center Properties
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 […]
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