West Edge Partners (WEP), a lower middle market private equity firm, announced the acquisition of Dakotaland Autoglass (DAG), a regional distributor and service provider to the aftermarket automotive replacement glass and paint, body & equipment (PBE) industries. Terms of the transaction were not disclosed. DAG, headquartered in Sioux Falls, S.D., distributes aftermarket automotive glass and PBE […]
Safelite Group Acquires Genuine Auto Glass
The Safelite Group announced the acquisition of Genuine Auto Glass in Seattle, Wash. The transaction was completed on Friday, October 7. “We’re pleased to welcome Genuine Auto Glass associates to the Safelite family,” said Renee Cacchillo, President and CEO of Safelite Group. “Over the last two decades, they have built a strong and impressive reputation […]
Safelite Group Acquires Binswanger Auto Glass Division
Binswanger operates in 12 states. Safelite Group announced the acquisition of the auto glass assets of Binswanger Glass headquartered in Memphis, Tenn with operations throughout the Midwest and Southeastern U.S. The transaction was completed on Friday, September 30. According to the Binswanger Glass website it had 49 locations offering auto glass insurance claims services in […]
Driven Brands Acquires Jack Morris Auto Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) the acquisition of longstanding Tennessee-based Jack Morris Auto Glass. Family-owned and operated since 1951, Jack Morris Auto Glass grew from one location in Downtown Memphis to 10 facilities serving 90 counties throughout the Mid-South and Middle Tennessee. “To build and sustain a business through multiple generations is no easy feat,” […]
Safelite Group Acquires Michigan Glass Installer
Safelite Group announced the acquisition of Henderson Glass in Michigan. The transaction closed on Friday, July 15. “Founded in 1915, Henderson Glass has a long-standing history of outstanding customer service and a commitment to high-quality work,” said Renee Cacchillo, President and CEO of Safelite Group. “We’re proud to welcome their associates to our business.” “This […]
Interview: Chris Wallace, Ford Motor Company
U.S. Collision Manager for Ford details the vehicle manufacturer’s new Certified Glass Network. In May, Ford Motor Company (NYSE:F) announced the launch of the Ford Certified Glass Network (FCGN). The network includes training and certification requirements for qualified, enrolled glass installers offering Original Equipment (OE) glass replacement on Ford and Lincoln vehicles. To better understand […]
Driven Brands Acquires Auto Glass Repairer in Indiana
Driven Brands announced the acquisition of six Perfection Auto Glass locations. According to Driven Brands, the total addressable market for auto glass repair in North America is approximately $5 billion and growing. Perfection Auto Glass, based in Indiana, was founded almost 20 years ago and grew to become one of the largest locally owned auto […]
Ford Launches Certified Glass Network
Network seeks to ensure Ford and Lincoln vehicle glass installation using original equipment procedures and parts. Ford Motor Company (NYSE:F) yesterday announced the launch of the Ford Certified Glass Network (FCGN) that provides training and certification requirements for qualified, enrolled glass installers offering Original Equipment (OEM) glass replacement on Ford and Lincoln vehicles. According to […]
Driven Brands Acquires All Star Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the continued expansion of its auto glass offering in the U.S. with the acquisition of All Star Glass. Founded by Sam Scharaga over 40 years ago, All Star Glass grew to become the largest family-owned auto glass company in the United States, through its commitment to customer safety and […]
Driven Brands Acquires Auto Glass Now for $170 Million
Expands auto glass into the U.S. with purchase of group with more than 75 locations. Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the expansion of its auto glass offering into the U.S. with the acquisition of Auto Glass Now (AGN). Driven Brands acquired AGN for approximately $170 million on December 30, 2021. As part of the […]