Fenix Parts, Inc. (Pink Sheets:FENX) announced that proxy materials have been mailed to stockholders of record as of the close of business on February 27, in order to allow them to vote on the proposed merger with an affiliate of Stellex Capital Management LP that was announced last month. A copy of the proxy statement […]
Axalta Acquires Manufacturing and Distribution Site in Sacramento
Facility will expand Axalta’s West Coast presence and support growth of industrial and refinish businesses Axalta (NYSE:AXTA) announced that it has acquired a state of the art manufacturing and distribution facility in Sacramento, Calif. to support growth in its North American Industrial and Refinish businesses. Financial terms of the transaction were not disclosed. “Axalta has […]
Fix Auto Medicine Hat Under New Ownership
Fix Auto Canada announced the sale of its franchise collision repair center in Medicine Hat, Alberta and welcomed a new ownership team to the network. Pat Quinlan, President of the Sun City Ford Ltd. ownership group has added the Fix Auto location in Medicine Hat, Alberta to their portfolio. This location has been part of […]
Australia’s AMA Group Added 14 Collision Repair Centers in First Half
Revenue Up 27.4 percent in first six month of fiscal year to December 31. Costs of Blackstone Private Equity due diligence over AU$900,000 Australia’s AMA Group Ltd. (ASX:AMA) reported its results for the first six months of its Fiscal year that ended December 31, 2017. The firm reported revenue of AU$228.356 million ($176.9 million) for […]
Boyd Group Enters Texas with Acquisition of Three Collision Repair Centers in Dallas Market
The Boyd Group Inc. announced the February 23, acquisition of three collision repair centers in the Dallas, Texas market. These centers were previously operated as Earth Collision Center. This operation was founded in Carrollton in 2010.With success in this market, additional locations were opened in The Colony and Dallas, in 2012 and 2017, respectively. Carrollton […]
Private Equity Firm Combines JN Phillips Auto Glass and TechnaGlass to Form TruRoad Holdings
CenterOak Partners LLC, a Dallas, Texas based private equity firm, announced the formation of TruRoad Holdings, Inc. through its investment in JN Phillips Auto Glass and subsequent combination with Techna Glass, Inc. According to the company together, the new firm is the second largest automotive glass and claims-management company in the United States. CenterOak’s investment […]
Fenix Parts Acquired by Stellex Capital Management
Private equity firm will pay over $8 million in cash for shares and assume $40 million in liabilities. Fenix Parts, Inc. (Pink Sheets:FENX), the auto recycler, today announced that it has entered into a merger agreement with the private equity firm Stellex Capital Management LP. Under the agreement, a Stellex-controlled affiliate will acquire the company […]
Boyd Group Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the February 20, opening of a collision repair location in Falcon, Colo. This center was previously operated as Falcon Collision Center. This new location is situated one and a half miles west of Highway 24, 14 miles northeast of Colorado Springs and serves the rapidly growing community of El Paso […]
Liberty Mutual Acquires Mapfre’s Personal Lines Business in Indiana, Kentucky, and Tennessee
MAPFRE Insurance, that announced in December it will cease operating in five states to focus on 11, is turning over its personal lines business in three of the five states it is leaving to Safeco Insurance, a unit of Liberty Mutual. MAPFRE has agreed to provide Safeco the opportunity to underwrite its personal lines policies […]
The Collision Centers Acquires Sixth Collision Repair Center on Long Island
The Collision Centers of New York announced it has acquired Silver Star Collision in Port Jefferson, N.Y. The new collision repair center is located at 14 Industrial Road. With the acquisition The Collision Centers has six locations in Suffolk County on Long Island. Operations will be transitioned to The Collision Centers effective immediately. “We are […]
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