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 […]
Innovation Group Acquires TCS Claims in UK
The Innovation Group (IG) announced that its UK business is acquiring TCS Claims (TCS) from Endsleigh Insurance Services Ltd, and starting a strategic relationship with Endsleigh for the provision of claims handling services. TCS was established by Endsleigh in 1999. The business provides a full-service claims handling capability to a number of insurers, brokers, MGAs […]
Auto Body Toolmart Acquired by Whitewater Brands
Rock Gate Partners announced the acquisition of American Industrial Direct, which does business as Auto Body Toolmart, by its Whitewater Brands platform, owned in partnership with Peninsula Capital Partners. Auto Body Toolmart, based in Elgin, Ill., is a manufacturer and distributor of equipment, tools and supplies to collision repair shops, technical schools and automotive enthusiasts. […]
Mike’s Auto Body Acquires 16th Collision Repair Center in Alameda, Calif.
Mike’s Auto Body announced it opened its 16th location in Alameda, Calif. A strategic move, this 13,000 sq. ft. facility will employ 13 people and will be managed by Lester Branson, with Kristen Story as the shop’s new office manager. The facility, formerly known as Alameda Classic Collision Center, was opened in 2007 by CJ […]
KPA Acquires Environmental Risk Management & Safety
Acquisition complements KPA’s collision repair and auto dealer markets KPA Services, LLC announced the acquisition of Environmental Risk Management & Safety, Inc. (ERS). The acquisition closed on March 29. The transaction strengthens KPA’s position as a provider of environmental, health and safety (EHS) Risk Management services to the automotive market. KPA provides cloud-based EHS Risk […]
Blackstone to Acquire Australia-Based AMA Group’s Collision Repair Business for $395 Million
Private equity firm also owns Service King Collision Repair Centers Australia’s AMA Group (ASX:AMA) announced today that it will sell its collision repair business to the U.S. private equity firm Blackstone for AU$508 million ($395.4 million) and spin off its automotive component and accessory (ACAD) business into a new company that will remain listed on […]
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