Acquisition includes Transtar Autobody Technologies, Pro Form and Aftermkt Armor brands. Axalta Coating Systems (NYSE: AXTA) today announced an agreement to acquire The CoverFlexx Group from Transtar Holding Company for an initial cash consideration of $285 million, plus an additional $10 million earnout based on the business’s 2024 performance. The closing of the transaction is […]
Wesco Acquires Auto Color & Equipment in Missouri
The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced it has acquired Auto Color & Equipment. Auto Color & Equipment has been servicing Missouri since 1987. The owners, Wayne and Denise Edwards, took over in 1992 and have been committed to the industry and have been instrumental in shaping […]
Painters Supply and Equipment Acquires AeroCoat Source Inc.
Painters Supply & Equipment Co. (PSE) announced the acquisition of AeroCoat Source Inc. Established in 1999 and headquartered in Maple Shade, N.J., AeroCoat distributes high- quality coatings and painting solutions, serving customers across the aviation and military sectors. Their New Jersey distribution center along with the NJ operations and sales teams will continue to operate […]
LKQ Corporation to Sell Elit Polska in Poland to MEKO AB
LKQ Corporation (Nasdaq: LKQ) announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit […]
Crash Champions Expands Luxury and EV Certified Repair Line with California Acquisition
Crash Champions today announced the expansion of Crash Champions Luxe | EV Certified, a premium line of service specializing in electric vehicle (EV) and luxury OEM factory-certified repairs. The announcement follows the organization’s acquisition of DC Autocraft, a collision repair center specializing in luxury factory-certified and EV repairs in Burbank, Calif. The acquisition finalized on […]
Lawson Products Acquires S&S Automotive
The Distribution Solutions Group, Inc. (NASDAQ:DSGR) announced that its operating company, Lawson Products, Inc., completed the acquisition of S&S Automotive, Inc. the automotive and industrial parts supplier based near Chicago in Woodridge, Ill. The acquisition will complement Lawson Products’ automotive-focused division, Kent Automotive that distributes automotive and industrial class C-parts to auto dealerships and collision […]
Genuine Parts Company Acquires Largest NAPA Independent Store Owner in the U.S.
Genuine Parts Company (NYSE: GPC), the global distributor of automotive and industrial replacement parts, announced it acquired Motor Parts & Equipment Corporation (MPEC) effective April 30. MPEC, founded in 1938, is based in Rockford, Illinois and is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, […]
Crash Champions Acquires 3 Collision Repair Centers in Great Falls, Montana
Crash Champions announced the company has expanded its service to the Great Falls, Montana market, following the successful acquisition of three local repair centers. The announcement comes as Crash Champions completed the combined acquisitions of Mitchells’ Crash Repair, Flawless Auto Body, and 3 Way Auto Body. The three local repair centers transitioned operations to Crash […]
Meyer Distributing Acquires Frank’s Supply
Meyer Distributing, Inc. announced that they have acquired the assets of Frank’s Supply, a regional distributor serving the southern states of Texas, Oklahoma, Louisiana, and New Mexico. Meyer Distributing. a wholesale distributor has more than 100 locations nationwide and over 3,500,000 sq. ft. of warehouse space, According to the company, all customer orders placed with […]
Certified Collision Group Acquires Square One Systems, Coyote Vision Group
Addition of performance platforms will support CCG’s national network of independent collision repair center operators. The Certified Collision Group, Inc. (CCG) announced the acquisition of Square One Systems and Coyote Vision Group. “CCG is excited to welcome Square One and the Coyote Vision Group to our portfolio. Square One has demonstrated over 40 years of […]
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