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You are here: Home / Archives for Acquisitions

AkzoNobel Closes Sale of Specialty Chemicals to The Carlyle Group and GIC

October 1, 2018 By CollisionWeek Editor

Akzo Nobel N.V. (AKZA; AKZOY) announced today it completed the sale of the Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion ($11.7 billion). The sale was originally announced last March. “Today is a key milestone in the history of AkzoNobel, creating a focused paints and coatings company, […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, Carlyle Group

Fix Auto Network Announces New Ownership of Québec Collision Repair Center

September 17, 2018 By CollisionWeek Editor

Yves Roy, General Manager for Fix Automotive Network Québec, announced that Jean-Marc Marion is the new owner of Fix Auto Hull. Marion has been working in the collision industry for 35 years and at just 25 years old, he opened his own shop. “Ever since I could remember, I have had a great passion for […]

Filed Under: News Tagged With: Acquisitions, Canada, Fix Auto Canada, Quebec

NI Holdings Completes Acquisition of Direct Auto Insurance Company

September 7, 2018 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Illinois, NI Holdings

Fix Auto UK Acquires Majority Stake in Franchise Collision Repair Center

September 5, 2018 By CollisionWeek Editor

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 […]

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

Suncorp Reported Considering Sale of Capital SMART Repairs

August 29, 2018 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Acquisitions, Australia, Capital S.M.A.R.T, Suncorp

Providence Equity Partners Makes Majority Investment in Environmental Safety Training and Compliance Firm KPA

August 14, 2018 By CollisionWeek Editor

KPA Providence Equity Partners

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 […]

Filed Under: News Tagged With: Acquisitions, KPA, OEConnection, Providence Equity Partners

Abra Acquires Collision Repair Center in Georgia

August 13, 2018 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: ABRA, Acquisitions, Georgia

Boyd Group Acquires Collision Repair Centers in Wisconsin and Alabama

August 10, 2018 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Acquisitions, Alabama, Boyd Group, Wisconsin

Painters Supply Acquires Cooper Color

July 26, 2018 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Illinois, Missouri, Painters Supply and Equipment Co., PBE Distributor

Boyd Group Acquires Collision Repair Center in British Columbia

July 23, 2018 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, British Columbia, Canada

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