NI Holdings, Inc. (NASDAQ:NODK) announced that it has completed its previously announced acquisition of Direct Auto Insurance Company from private shareholders on August 31. The acquisition of Direct Auto further diversifies NI Holdings’ portfolio of products geographically, and by line as additional casualty business is introduced into the business mix. Direct Auto is headquartered in […]
Fix Auto UK Acquires Majority Stake in Franchise Collision Repair Center
Fix Auto UK announced it has invested directly in one of its own franchisees. In what its say may be the first of many similar investments, the organization has acquired a majority share of Fix Auto Goole and in doing so the UK operation has taken ownership of its own collision repair center. The six-figure […]
Suncorp Reported Considering Sale of Capital SMART Repairs
Suncorp’s Insurance Ventures investment subsidiary is reported to be exploring the sale of its majority stake in Australia’s second largest collision repair chain. The Australian Financial Review reported that the Suncorp Group’s Insurance Ventures investment arm is considering the sale of its majority ownership position in the Capital SMART repair chain. According to the article, […]
Providence Equity Partners Makes Majority Investment in Environmental Safety Training and Compliance Firm KPA
Private equity firm also owns majority interest in OEConnection. KPA, the Environmental Health and Safety (EHS) Risk Management company, announced that Providence Equity Partners has completed its majority investment in the Company. Existing investor CIVC Partners will retain a minority investment in the Company going forward. Financial terms of the transaction were not disclosed. Providence […]
Abra Acquires Collision Repair Center in Georgia
Abra Auto Body Repair of America announced the acquisition of a new collision repair center in Athens, Ga., its 23rd location in the state. Located at 1950 Jimmy Daniel Road in Athens, the 32,000 square foot Georgia Square Collision’s business operations were acquired in a deal that closed on August 3. The transaction was brokered […]
Boyd Group Acquires Collision Repair Centers in Wisconsin and Alabama
The Boyd Group Inc. announced the August 3, acquisition of a collision repair center in Kenosha, Wisconsin. This center was previously operated as Jay-Bee Collision Repair Center. Kenosha is located in southwestern Wisconsin, about 65 miles north of Chicago and 40 miles south of Milwaukee. This new center is situated four miles from Interstate 94, […]
Painters Supply Acquires Cooper Color
Painters Supply & Equipment Co. (PSE) announced it has completed the acquisition of Cooper Color, Inc. with two locations in Missouri and Illinois. Cooper Color was founded in 1997 and operates locations in Arnold, Mo. and Bellville, Ill. “Cooper Color is a strong PPG Platinum Distributor with a solid reputation of providing industry-leading products and […]
Boyd Group Acquires Collision Repair Center in British Columbia
The Boyd Group Inc. announced that on July 9, it acquired a location in Nanaimo, British Columbia, Canada. The location previously operated as Stone Bros. Auto Body and Auto Wrecking. Nanaimo is located approximately 110 kilometers north of Victoria on Vancouver Island. “We are very excited to add this location, which has served the Nanaimo […]
Joe Hudson’s Collision Centers Acquires Car Guys Collision Repair
Car Guys Collision Repair, a thirteen location Florida-based MSO, announced it has been acquired by Joe Hudson’s Collision Centers (JHCC). Joe Hudson’s Collision Centers was founded in 1989. With the addition of Car Guys Collision Repair, the company now owns and operates 73 locations throughout Alabama, Georgia, Tennessee, Florida, Mississippi, and Texas. DJ Mitchell, COO […]
Dent Wizard Acquires Image Auto
Dent Wizard International announced the acquisition Image Auto, LLC, a provider of auto reconditioning and wheel repair services in the Central and Western New York and Pennsylvania. The acquisition was finalized June 8. Dent Wizard’s acquisition includes both auto service brands operating under the company’s LLC: Image Auto, the Syracuse-based provider of mobile reconditioning services, […]
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