Service King Collision Repair Centers announced it acquired Valley Motor Center Auto Body located at 14954 Oxnard St. in Van Nuys, Calif. The facility is Service King’s 30th in the region and 42nd in California. “Valley Motor Center has a long, rich history of providing premier collision repair service to San Fernando Valley motorists,” said […]
TechaGlass Purchases Utah Franchise
TechnaGlass announced it has purchased its St. George, Utah franchisee as part of a strategy to grow its corporate owned footprint. The company will retain all employees and continue operations at its existing retail location at 39 South Bluff Street in St. George. This transaction will result in TechnaGlass owning virtually all retail locations in […]
Boyd Acquires Four Collision Repair Centers in Alberta
The Boyd Group Inc. (TSE:BYD.UN) announced that it has acquired four collision repair centers in Calgary, Alberta. The facilities previously operated as Concours Collision Centres. “We are excited to be expanding our presence in the Calgary region, a large market with a population of approximately 1.5 million,” said Eric Danberg, President of the Boyd Autobody […]
Genpact Expands U.S. Claims Management Capability with Acquisition of OnSource
Genpact (NYSE:G) announced that it has acquired OnSource, provider of a leading Inspection-as-a-Service (IaaS) product for property and casualty (P&C) insurance carriers and their customers. This transaction builds upon Genpact’s recent acquisition of BrightClaim and National Vendor that has expanded the company’s U.S. claims management capabilities. Terms of the deal are not disclosed. OnSource uses […]
Saint-Gobain Acquires TekBond in Brazil
Saint-Gobain announced it has signed an agreement to acquire TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket. TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil. Its offer is based on a detailed knowledge of the market and customers […]
Uni-Select Completes Acquisition of The Parts Alliance in the United Kingdom
Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced that it has completed the previously announced acquisition of The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom. As previously announced, the transaction in the amount of £205.0 million ($264.1 million) was fully funded with debt […]
Autologic Diagnostics Acquires Farsight
Autologic Diagnostics Inc., an Opus Group AB (STO:OPUS) subsidiary, has acquired MVDS, LLC d/b/a Farsight. The purchase is valued at $1.2 million. Closing is anticipated for early August 2017. After the acquisition, Farsight will be integrated with Autologic and its 20 employees will relocate to the nearby Autologic offices in Commack, New York within 90 […]
Safelite Group Acquires Perfection Auto Glass of Muncie
The Safelite Group announced it acquired the vehicle glass repair and replacement assets from Perfection Auto Glass of Muncie, which provides service in central Indiana. The transaction was completed at the close of business July 21. Perfection Auto Glass is a family-owned operation that has been in business since 2002. The company was started and […]
AutoNation Continues Collision Repair Expansion
Adds three collision repair centers since beginning of 2017. AutoNation, Inc. (NYSE:AN), continues to move forward with its brand extension strategy. As part of its quarterly earnings released today, the company announced that since January 1, it has opened two auto auctions in Orlando, Fla., and Houston, Texas, and acquired three collision repair centers in […]
Car Guys Collision Repair Acquires its 12th location in Florida
Car Guys Collision Repair, a Florida-based MSO, announced the acquisition of South Marion Auto Body in Belleview, Fla. DJ Mitchell, vice president of Car Guys, said, “The former owner, Mitch Miracle, has owned the location since 1997, and has done an excellent job serving the local community, his DRP and dealership partners. We are eager […]
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