Organic Revenue Growth 3.8 percent, on same-day basis up 4.9 percent. LKQ Corporation (NASDAQ:LKQ) on July 27 reported revenue for the second quarter of 2017 of $2.46 billion, an increase of 6.7 percent as compared to $2.30 billion in the second quarter of 2016. Income from continuing operations for the second quarter of 2017 was […]
Repairify Acquires Mobile Diagnostics
Repairify, Inc. announced it completed its acquisition of Mobile Diagnostics, LLC. Mobile Diagnostics provides mobile electrical automotive diagnostic services in the Chicagoland market, and will continue operating under the asTech brand. The addition of Mobile Diagnostics will complement the Company’s current staff of field technicians already operating in the Chicago market, as well as in […]
Service King Acquires Two Collision Repair Centers in Colorado
Multiple shop operator now has nine locations in the state. Service King Collision Repair Centers announced the company finalized a deal to acquire Hamlin’s Auto Body and its two local repair centers in Colorado. Service King’s newest locations can be found at 6110 Southmoor Dr. in Fountain, Colorado, and 6205 Stone Mesa Point in Colorado […]
Australia’s AMA Group Acquires Seven Collision Repair Centers, Plans Three Greenfield Locations
The AMA Group provided an update on its expansion announced the acquisition of seven collision repair centers and plans for three new greenfield sites. These acquisitions will be funded using existing financial resources. The total anticipated consideration for the acquisition transactions is AU$6.23 million ($4.85 million) and will provide incremental revenue of AU$22.5 million ($17.57 […]
WestView Capital Partners Invests in English Color
Second major private equity transaction in the paint body and equipment distribution market in less than a month. English Color and Supply, LLC the distributor of automotive paint, equipment and supplies to the collision repair industry, yesterday announced a capital investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth […]
OEConnection Completes Clifford Thames Group Acquisition
OEConnection LLC (OEC) announced that it completed the previously announced purchase of Clifford Thames Group (CT) on June 30. “The combination of CT and OEC means great opportunity for the industry,” remarked Chuck Rotuno, Chairman & CEO of OEC. “The new OEC is the only global one-stop shop that provides the means for automakers and […]
Repairify Acquires One Stop Mobile Solutions
Repairify, Inc. announced its acquisition of One Stop Mobile Solutions, Inc. One Stop provides mobile electrical automotive diagnostic services in the Dallas – Fort Worth Metroplex, and will operate under the asTech brand. The addition of One Stop will complement the company’s current staff of field technicians already operating in other parts of Texas, as […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. announced the June 27, opening of a Gerber-branded collision repair center in Spokane, Washington, the center previously operated as City South Auto Body of Spokane. “With this location, we now have a repair center on the south side of the city, complementing our other four centers,” said Tim O’Day, President and […]
Group 1 Automotive Acquires Beadles Group in UK
Acquisition expands dealer group’s collision repair operations in the UK. Group 1 Automotive, Inc. (NYSE:GPI) announced the acquisition of Beadles Group Ltd, a large UK-based automotive retailer, which consists of seven brands across 12 dealerships in the southeastern portion of the greater London metropolitan market. The seven brands include Jaguar, Land Rover, Volkswagen, Skoda, Toyota, […]
Service King Acquires Collision Repair Center in Colorado
Service King Collision Repair Centers announced it added its seventh Colorado location with the acquisition of Five Star Collision Center, Inc., a 22,000 square foot repair center located in Thornton, Colo. Five Star Collision Center will begin operating as Service King, effective immediately. “This is another proud step in Service King’s recent growth across Colorado,” […]
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