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You are here: Home / Archives for Acquisitions

Pacific Elite and Crash Champions Merge

March 18, 2020 By CollisionWeek Editor

Pacific Elite, the family owned operator of collision repair shops in California, today announced a merger with Crash Champions, LLC, a leading regional collision repair business in the greater Chicago area. The newly combined company (CombineCo) will be the 5th largest independent MSO in the country according to the company, with an established presence in […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions, Illinois, Ohio, Pacific Elite Collision Centers

Boyd Group Acquires Collision Repair Center in Wisconsin

March 17, 2020 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Waukesha, Wisc. The new Gerber Collision & Glass location previously operated as Nagel Auto Body, providing service since 1986. Waukesha is the county seat of Waukesha County and home to Carroll University, Wisconsin’s first four-year institution of higher learning. Waukesha is located […]

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

Broadway Automotive Acquires Pietroske Dealership in Wisconsin

March 16, 2020 By CollisionWeek Editor

Broadway Automotive logo

Broadway Automotive announced it is purchasing the Pietroske Chevrolet, Buick, GMC and Cadillac dealership in Manitowoc, extending its operations within Northeast Wisconsin. The dealership purchase agreement includes the Pietroske Chevrolet, Buick, GMC and Cadillac dealership and property at 4000 Grand Ave. in Manitowoc. While Broadway currently operates a Chevrolet dealership at 2700 Ashland Ave. in […]

Filed Under: News Tagged With: Acquisitions, Broadway Automotive, Wisconsin

Boyd Group Acquires 14 Collision Repair Centers in Michigan and Indiana

March 10, 2020 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of 14 collision repair centers in Michigan (8 locations) and Indiana (6 locations). The new Gerber Collision & Glass shops were previously branded as Vision Collision, 14/69 Auto Body, Angola Collision Services and Mcfall’s Collision & Frame Service in the Ft. Wayne, Indiana, and Lansing, Michigan, areas. Ft. […]

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

ProCare Collision Acquires Six Locations in Houston

March 10, 2020 By CollisionWeek Editor

ProCare Collision, the Texas-based Multi Shop Operator (MSO), announced today that they have acquired six Hodges Collision locations in the Houston metro area. With this acquisition, ProCare now has 41 shops in Texas, with 11 in the Houston market.  ProCare Collision will now service new areas around Houston including The Woodlands, Spring, Magnolia and Deer […]

Filed Under: News Tagged With: Acquisitions, ProCare Automotive LLC, Texas

State Farm Exits Banking Business

March 6, 2020 By CollisionWeek Editor

Enters into strategic alliance to bring U.S. Bank products and services to State Farm customers. State Farm announced it was exiting its banking business and forming a strategic alliance with U.S. Bank. Under the alliance, U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts and State Farm agents will have the […]

Filed Under: News Tagged With: Acquisitions, State Farm, U.S. Bank

LKQ Completes Sale of Two Czech Distributors

March 2, 2020 By CollisionWeek Editor

LKQ Corporation (Nasdaq: LKQ) announced that it has closed its previously announced agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. Dominick Zarcone, President and Chief Executive Officer of LKQ, stated, “This divestiture reinforces our ongoing commitment to rationalizing […]

Filed Under: News Tagged With: Acquisitions, Czech Republic, Europe, LKQ Corporation

Crash Champions Acquires Three Collision Repair Centers in Ohio

February 27, 2020 By CollisionWeek Editor

Crash Champions logo

Crash Champions, the Illinois-based multiple collision repair shop operator, announced acquisition of three collision repair centers from Auto Body Collision and Glass (ABCG) in Columbus, Ohio. The acquisition, effective March 2, marks Crash Champions first expansion outside Illinois. Darrell Patterson, Executive Vice President of ABCG, along with his teammates, will be integrated into the Crash […]

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

ProCare Collision Acquires Penske Collision Center in Houston

February 25, 2020 By CollisionWeek Editor

ProCare Collision announced it has acquired a Penske Collision Center in Houston, Texas. ProCare now has five locations in and around the Houston market and 35 overall including the opening in Pflugerville, Texas, near Austin, that CollisionWeek reported on February 20. “We appreciate our time working with all the great people throughout this process. This […]

Filed Under: News Tagged With: Acquisitions, Openings, ProCare Automotive LLC, Texas

All Star Auto Lights Acquires Headlights 101

February 10, 2020 By CollisionWeek Editor

All Star Auto Lights, the specialty distributor of alternative automotive lighting parts, announced the acquisition of Headlights 101, a Fayetteville, Ga.-based provider of refurbished headlights to the collision repair industry, automotive dealers, and consumers. Matt Immerfall, Chief Executive Officer of All Star Auto Lights, said, “We are focused on identifying high quality investment opportunities, with […]

Filed Under: News Tagged With: Acquisitions, All Star Auto Lights, Georgia

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