Group including CEO seeks to acquire all outstanding shares of global vehicle diagnostic and inspection firm. Searchlight Capital Partners together with Lothar Geilen, the chief executive officer of Opus Group AB (STO:OPUS) announced a public offer to the shareholders of Opus Group AB to acquire all outstanding shares in the Sweden-based vehicle diagnostic and inspection […]
Boyd Group Acquires Collision Repair Center in Nashville
The Boyd Group Inc. announced the acquisition of a collision repair center in Nashville, Tennessee. The new Gerber Collision & Glass location previously operated as Whaley Body Shop and has been part of the community for over 60 years and at the current location since 1982. Nicknamed “Music City, USA,” Nashville is the capital and […]
Driven Brands Acquires Automotive Training Institute
Driven Brands confirmed it has acquired the Automotive Training Institute (ATI) the automotive repair and collision industry coaching and consulting company. According to the company’s website it has 31 full time coaches and over 1600 active shop members. According to a Driven Brands statement, “We are excited to add ATI to the Driven Brands family […]
Collision Works Acquires Collision Repair Center in Moore, Oklahoma
Collision Works announced it acquired Flair Body Works located at 128 NE 1st St. in Moore, Okla. on Oct. 8. With the acquisition, Collision Works now operates 31 locations across Oklahoma and Kansas. “We are proud to announce this new location in Moore,” said Barry Hadlock, president of Collision Works. “Our top-notch customer service standards […]
Driven Brands Acquires Quebec-Based Auto Glass Provider
Clairus Group has over 240 locations and 22 distribution centers. Driven Brands today announced its acquisition of the Quebec, Canada-based Clairus Group, a vertically-integrated automotive glass distribution, replacement, and claims management company. The move adds 240 physical service locations, over 330 mobile locations, 22 distribution centers, and a claims management platform to the Driven Brands […]
Boyd Group Acquires Two Collision Repair Centers in Alabama
The Boyd Group Inc. announced the acquisition of two collision repair centers in Alabama. The location in Huntsville originated in 1981 and has operated as Quality Body Shop. The location in Pelham has operated as Oak Mountain Body Shop since 2001. Huntsville, approximately 100 miles north of Birmingham, is the fourth largest city in Alabama […]
AMA Group Completes Capital S.M.A.R.T Acquisition
Australia’s AMA Group Limited (ASX:AMA) announced the completion of the previously announced acquisition of Capital Smart Repairs Australia Pty Ltd (Capital SMART). Under the sale terms AMA owns 90% of Capital SMART, with Suncorp Insurance Ventures Pty Ltd (Suncorp) retaining a 10% holding in Capital S.M.A.R.T. The acquisition includes a long-term strategic service agreement of […]
FCA and Groupe PSA Announce Merger to Create 4th Largest Global Auto Manufacturer
The Supervisory Board of Peugeot S.A. (Groupe PSA) and the Board of Directors of Fiat Chrysler Automobiles (FCA) (NYSE: FCAU ) announced they have reached an agreement to merge, creating a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. The combination would create the 4th […]
Safelite Group Acquires Quick’s Glass Service with Five Locations in California
Safelite Group, the owner of Safelite AutoGlass, announced the acquisition of Quick’s Glass Service. The transaction was completed at the close of business October 25. Quick’s Glass Service has been in business for decades, owned and managed by Clint Harless. With five locations across California, including Marysville, Yuba City, Sacramento, Lodi and Stockton, the acquisition […]
Parker Hannifin Completes LORD Acquisition
Parker Hannifin Corporation (NYSE:PH) announced yesterday it completed its acquisition of LORD Corporation for approximately $3.675 billion in cash that was announced in April. The strategic transaction creates a combined organization with strong materials science capabilities, electrification and aerospace product offerings that are highly complementary. According to the company, the acquisitions will significantly expand Parker’s […]
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