Auveco, the collision repair industry supplier of specialty fasteners and body hardware used in the automotive aftermarket, announces the acquisition of Marli Manufacturing, headquartered in Binghamton, N.Y. Marli is a provider of automotive aftermarket mechanical components, including engine head bolts, intake manifold bolts, oil drain plugs, oil drain gaskets and other specialty fasteners and fittings. […]
StrategicClaim Acquires Harmon Solutions Group
Parent company of StrategicClaim also owns JN Phillips Auto Glass, TechnaGlass, and Windshield Centers. StrategicClaim, the provider of first notice and resolution services and software to property and casualty insurance companies across the U.S., announced the acquisition and integration of Harmon Solutions Group (HSG). HSG provides auto glass claim management and first notice of loss […]
AMA Group Announces Blackstone Acquisition of Collision Repair Business Will Not Proceed
Australia Tax Commissioner ruling against demerger relief scuppers $395 million acquisition. The AMA Group Limited (ASX:AMA) announced that its AU$508 million ($395.4 million) sale of its collision repair business to the U.S. private equity firm Blackstone will not proceed following its receipt of a formal response from the Deputy Commissioner of Taxation refusing AMA’s request […]
Insurance Associations AIA and PCI Announce Merger Negotiations
The boards of the American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) announced the two insurance industry associations are discussing a merger of the two groups. “The respective Boards of AIA and PCI believe there is great benefit in a more unified policy and advocacy voice for property casualty insurers, […]
Verisk Acquires UK-Based ClaimsTech Validus-IVC
Verisk (NASDAQ:VRSK) announced it has acquired Validus-IVC, a provider of claims management solutions and developer of the leading subrogation portal in the UK, verify. Validus-IVC has offices in Norwich and Bath, United Kingdom. The integration of Validus-IVC’s verify platform with Verisk’s global claims analytic services will allow customers to take advantage of enhanced analytic and […]
Plymouth Rock Acquires MAPFRE Auto Insurance Business in New York and New Jersey
Agreement with MAPFRE U.S.A. Corp. and ACIC Holding Co., Inc. expands Plymouth Rock’s auto and home insurance business in New York and New Jersey. Plymouth Rock Assurance Corporation reached agreement today to continue its expansion into the New York State insurance market with the acquisition of MAPFRE Insurance Company of New York, subject to regulatory […]
Boyd Group Acquires Collision Repair Centers in Illinois and Ontario, Canada
Adds Gerber location in Chicago market, Assured Automotive collision repair center in Bradford, Ontario. The Boyd Group Inc. announced the June 8 opening of a collision repair center in Chicago, Ill. The center previously operated as Brown’s Auto Construction and served the West Ridge neighborhood of Chicago for approximately 60 years. This popular north-Chicago neighborhood […]
Safelite Acquires Richardson Auto Glass
The Safelite Group announced it has acquired Richardson Auto Glass. The transaction was completed on June 4. Richardson Auto Glass, that was founded in 1992, serves Dallas, Texas, surrounding communities, and east into Louisiana. “This acquisition nicely leverages the strengths of both businesses and enhances the opportunity to expand our customer base while increasing the […]
Boyd Group Acquires Two Collision Repair Centers in Georgia
The Boyd Group Inc. announced the May 25, opening of two Gerber collision repair centers in Marietta and Canton, the northern suburbs of Atlanta, Ga. The centers were previously operated as Cherokee Collision Centers, and are situated approximately 16 miles apart. Both repair centers are located within two miles of the well-traveled Interstate 575. This […]
LKQ Finalizes Stahlgruber Acquisition
LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales […]
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