Sanel Auto Parts, Co. announced that the company is joining NAPA Auto Parts. Under its new name, Sanel NAPA, the company will continue to be independently owned and operated by the Segal family, the fourth generation to lead the company. The parts and paint distributor will also be purchasing eight additional NAPA stores, three in […]
Boyd Group Reports Sales Up 19.6% in First Quarter
Same stores sales up 4 percent The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent Adjusted earnings before interest, taxes, depreciation […]
Wesco Group Acquires United Paint Specialties
The Wesco Group Inc. announced it completed the acquisition of United Paint Specialties, a two paint and body distribution store operation in Western Washington State. “Pat Sherman the President of UPS will join the Wesco Group as an equity partner, and will help us grow as we expand our footprint across the country,” said Roger […]
Knox Auto Parts Acquires Auto Recycling Facility in Alabama
Knox Auto Parts announced it has purchased B&D Automotive in Birmingham, Ala., expanding the family owned business to its third automotive recycling facility. “When the opportunity to move in to the Birmingham market became available we felt it was a natural fit. Strategically the location gives us the ability to be in a large market […]
JN Phillips Acquires Car Glass of New England
JN Phillips Auto Glass announced the acquisition of Car Glass of New England. The acquisition strengthens JN Phillip Auto Glass’s presence in southern New Hampshire market, and is part of its strategy to extend the brand throughout the Northeast. All of the Car Glass of New England current employees are joining the JN Phillips team, […]
ProCare Automotive & Collision Adds 12 Collision Repair Centers in Texas
ProCare Automotive, LLC (ProCare) announced that it has merged with Austin Motor Mile (AMM) Collision. The merger of the two collision repair companies means ProCare has more than two dozen auto body shops in the Austin market and eight in the San Antonio market. “AMM Collision strives for operational excellence with a personalized approach, resembling […]
Boyd Group Acquires Three Collision Repair Centers in Washington State
The Boyd Group Inc. announced the April 17th acquisition and April 18th opening of three Gerber collision repair locations in the Seattle, Washington area. These centers were previously operated as Professional Collision Group and are located in northern Seattle and the suburbs of Mukilteo and Lynnwood. The Seattle metropolitan area is one of the fastest […]
LKQ Reports Revenue Up 16.1% in First Quarter
Organic revenue growth for parts and services of 3.7 percent LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the first quarter of 2018 of $2.72 billion, an increase of 16.1 percent as compared to $2.34 billion in the first quarter of 2017. For the first quarter, parts and services organic revenue growth was 3.7 percent […]
Stone Point Capital Acquires Stake in Mitchell International
KKR and Elliott sell stake in collision repair and insurance technology provider Mitchell International, Inc. KKR, and Elliott Management today announced that private equity firm Stone Point Capital LLC are making an investment in Mitchell and acquiring the equity position held by KKR and Elliott Management. Financial terms of the transaction were not disclosed. The […]
Abra Acquires Five Collision Repair Centers in April
Abra Auto Body Repair of America announced the acquisition of five collision repair centers during the month of April. In Colorado, Abra added one center in Colorado Springs, located at 708 Nichols Blvd. The 6,500 sq. ft. center has seven employees, and is Abra’s fourth location in the Colorado Springs area. In New Jersey, the […]
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