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You are here: Home / Archives for Acquisitions

Classic Collision Acquires Collision Repair Center in Miami

July 13, 2020 By CollisionWeek Editor

The new location is the multiple shop operator’s ninth in South Florida and 36th overall. Classic Collision, LLC., the Atlanta, Ga.-based multiple collision repair facility operator, announced that is has acquired a new facility in Miami, Fla. H&M Auto Body has served the Miami Dade and Coral Gables communities for more than 25 years. The […]

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

OEConnection Acquires NuGenIT

July 13, 2020 By CollisionWeek Editor

OEConnection (OEC) announced today that it has acquired NuGenIT, Inc., a software company specializing in body shop and collision industry optimization tools.  NuGenIT will add collision repair industry expertise to augment OEC’s growing collision business. Headquartered in Kansas City, NuGenIT provides information management tools including integrated workflow applications for collision repairs, and data mining and […]

Filed Under: News Tagged With: Acquisitions, NuGen IT, OEConnection

Allstate Acquires National General

July 8, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced it will acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and […]

Filed Under: News Tagged With: Acquisitions, Allstate Insurance, National General

Asbury Automotive Group Acquires Park Place Dealerships Including Two Collision Repair Centers

July 7, 2020 By CollisionWeek Editor

Asbury Automotive Group, Inc. (NYSE:ABG) announced the acquisition of Park Place Dealerships, one of the country’s largest luxury dealer groups for $685 million of goodwill and approximately $50 million for parts, fixed assets, and leaseholds, excluding vehicle inventory. The operating assets to be acquired include 12 new vehicle franchises, all of which are located in […]

Filed Under: News Tagged With: Acquisitions, Asbury Automotive Group, Texas

Wesco Group Acquires East Bay Color Service

July 1, 2020 By CollisionWeek Editor

Wesco Group, the paint, body and equipment distributor in the western U.S. and Canada, announced that East Bay Color Service has joined the Wesco family of companies. East Bay Color Service has been serving customers in the Bay Area out of its San Jose, Calif. location since 1948.  “We are excited to welcome East Bay […]

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

Multi-State MAACO Operator Stonewall Road Automotive Group Acquired

June 11, 2020 By CollisionWeek Editor

Stonewall Road Automotive Group logo

Calder Capital, LLC announced the sale of multi-state MAACO franchise operator, Stonewall Road Automotive Group LLC (SRAG), to Collision Consolidation Company LLC. SRAG operates five locations in metro Detroit, Mich., four in Maryland and one in Ohio and is one of the largest multi-unit franchisees within the national MAACO system. The company will continue to […]

Filed Under: News Tagged With: Acquisitions, MAACO, Maryland, Michigan, Ohio, Stonewall Road Automotive Group

Original One Parts Acquired by Kinderhook Industries

June 4, 2020 By CollisionWeek Editor

Original One Parts logo

Original One Parts, the supplier of certified auto parts for use in both collision repair and mechanical repairs, announced today that it has been acquired by private equity firm Kinderhook Industries, LLC. Financial terms of the transaction were not disclosed. Headquartered in Dallas, Texas, Original One Parts serves independent collision repair shops, dealership service centers, […]

Filed Under: News Tagged With: Acquisitions, Kinderhook Industries, LLC, Original One Parts, Private Equity

Fix Auto UK Acquires Sixth Corporate Owned Collision Repair Center

May 27, 2020 By CollisionWeek Editor

Fix Auto UK announced it has acquired the Fix Auto Paignton site after the business had fallen victim of the coronavirus pandemic and became insolvent. The purchase has added to the portfolio of businesses as part of Fix Auto UK’s owned site operations comprising of Fix Auto Daventry, Fix Auto Colwyn Bay, Fix Auto Barnsley, […]

Filed Under: News Tagged With: Acquisitions, Fix Auto UK, United Kingdom

Nationwide Acquires Renewal Rights for United Fire & Casualty Company Personal Lines Business

May 4, 2020 By CollisionWeek Editor

United Fire & Casualty Company (UFG) and Nationwide have entered into a renewal rights agreement for UFG’s personal lines business, providing UFG’s independent insurance agents with the opportunity to transfer personal lines policies to Nationwide beginning in the third quarter of 2020, subject to the receipt of applicable regulatory approvals. As part of this agreement, […]

Filed Under: News Tagged With: Acquisitions, Nationwide Insurance

MITCHCO Collision Repair Acquires New Location in Florida

May 1, 2020 By CollisionWeek Editor

MITCHCO Collision Repair logo

MITCHCO Collision Repair, a Florida based MSO, announces it acquired Oliver’s Auto Body in Melbourne, Fla. The business was formed in 1985 by Oliver Mertens, and his brother Thomas took the reins in 2013. Dave Mitchell, President and CEO of MITCHCO said, “We are happy to have had the opportunity to acquire such a quality […]

Filed Under: News Tagged With: Acquisitions, Florida, MITCHCO Collision Repair

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