Wesco/Color Compass, the paint, body and equipment distributor in the western U.S. and Canada, announced the acquisition of Edmonton, Alberta-based WD Co-Auto’s PBE Division. WD Co-Auto’s PBE Division serves independent and member-dealer collision centers across British Columbia, Alberta, Saskatchewan and Manitoba. WD Co-Auto has selected Color Compass as their preferred and exclusive supplier of body […]
Boyd Group Acquires 18 Collision Repair Centers in New York State
Marks entry into 27th state. The Boyd Group Inc. announced the acquisition of an 18 collision repair center-MSO located in New York State. The acquisition marks Boyd’s entry into its 27th state. The Carubba Collision repair centers are located throughout upstate New York, including the market areas around the cities of Albany, Buffalo and Syracuse. […]
Auto-Owners Insurance Acquires Capital Insurance Group
CIG provides personal lines and commercial insurance in the Western U.S. Auto-Owners Insurance announced an agreement to acquire Capital Insurance Group (CIG), a regional property & casualty insurer serving the western U.S. since 1898. CIG insures personal lines and a range of commercial and agricultural businesses in California, Washington, Oregon, Nevada and in Arizona, where […]
Penfund Announces $150 Million Investment in Caliber
Penfund, the Toronto, Canada-based provider of junior capital to middle market companies in the US and Canada, announced it completed of a $150 million second lien debt investment in Caliber Collision Centers as part of a small club of lenders providing a $600 million second lien credit facility. The proceeds of this facility, together with […]
Caliber and Abra Merger Closes
Combined company operates more than 1,000 collision repair centers in 37 States and District of Columbia. Caliber Collision Centers and Abra Auto Body Repair of America today announced the closing of their merger that was announced in December. “Caliber and Abra have very similar leadership philosophies and cultures. Combining these two world-class organizations will allow […]
Legacy Autobody Group Adds Two Collision Repair Centers in Pennsylvania
Legacy Autobody Group announced they have added collision repair centers in Kutztown and Stroudsburg, Pa. to bring their total number of locations to six in eastern Pennsylvania. The 9,000 square foot collision repair center in the Kutztown market is located at 15827 Kutztown Road (Route 222) in Maxatawny, Pa. The facility was acquired on December […]
Boyd Group Acquires Collision Repair Center in Arizona
The Boyd Group Inc. announced the January 11, acquisition of a collision repair center in Peoria, Ariz. This location previously operated as Lake Pleasant Collision Center, servicing customers in the community since 2009. Peoria is a northwestern suburb of Phoenix, with a population of approximately 155,000 people and is listed in the “Top 100 Places […]
Boyd Group Acquires Heavy Duty Collision Repair Center in South Carolina
The Boyd Group Inc. announced the January 9 opening of a Gerber collision repair location specializing in the repair of large commercial vehicles, semi trucks, buses and recreational vehicles in Cayce, S.C. This location previously operated as Bob Johnson’s Body Shop and has operated in the market for 45 years. The acquisition marks the Boyd […]
Safelite Acquires Glasspro
The Safelite Group, the vehicle glass services company and owner of Safelite AutoGlass announced the acquisition of Glasspro, Inc. The transaction was completed at the close of business January 4. Glasspro is an independent auto glass repair and replacement company founded in 1995 by Paul Heinauer, a well-respected leader in the industry and pillar of […]
PPG Acquires Automotive OEM Coatings Manufacturer Hemmelrath
PPG (NYSE:PPG) today announced an agreement to acquire automotive coatings manufacturer Hemmelrath. The transaction is expected to close in the first half of 2019, subject to customary closing conditions. Financial terms were not disclosed. “We are excited to add Hemmelrath to our robust and diversified automotive coatings offering. This acquisition is another step forward in […]
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