Safelite Group and CenterOak Partners LLC, the Dallas,Texas -based private equity firm, announced the sale of TruRoad Holdings to Safelite. The transaction was completed at the close of business yesterday. TruRoad, based in Woburn, Mass., was formed in 2018 through the combination of JN Phillips Auto Glass and existing CenterOak platform investment Techna Glass, Inc. […]
New York Bill Seeks to Establish Auto Glass Replacement Standards
Would require any business engaged in auto glass replacement to meet performance standards to assure safety. New legislation introduced in New York State seeks to establish minimum standards for auto glass replacement. New York Assembly Bill 1201, introduced last week by Assemblyman Clifford Crouch (R-Bainbridge), would establish extensive standards for auto glass replacement services in […]
OEM Collision Repair Parts and Procedures Bill Becomes Law in Rhode Island
Senate Bill 2679, that expands consumer choice requirement for insurers on OEM parts to 48 months, is now law. Rhode Island Senate Bill 2679 (SB 2679), that expands the state’s existing requirement that consumers be given the right to choose and insurers pay for OEM parts on claims for 30 months after a vehicle is […]
JN Phillips Acquires Car Glass of New England
JN Phillips Auto Glass announced the acquisition of Car Glass of New England. The acquisition strengthens JN Phillip Auto Glass’s presence in southern New Hampshire market, and is part of its strategy to extend the brand throughout the Northeast. All of the Car Glass of New England current employees are joining the JN Phillips team, […]
PCI Warns Floridians on Auto Glass Fraud, Assignment of Benefits Abuse
The Property Casualty Insurers Association of America (PCI) is warning vehicle owners in Florida not to become a victim of fraud when having a windshield repaired or replaced and to avoid assignment of benefits (AOB) “schemes” by glass repair and replacement facilities. Insurers in Florida have been pushing for legislation reforming the AOB process on […]
Auto Glass Safety Council Amends Standards to Include ADAS Language
The Auto Glass Safety Council’s (AGSC) AGRSS Standards Committee voted at its recent spring meeting to amend the AGRSS Standard with language related to Advanced Driver Assistance Systems (ADAS) that places the responsibility for recalibration on the glass installer to have the proper equipment and training or requires notification to the vehicle owner that calibrations […]
LKQ Finalizes Sale of OEM Glass Manufacturing Business
LKQ Corporation (LKQ) yesterday announced that it has completed the previously announced agreement to sell the OEM glass manufacturing business of its Pittsburgh Glass Works subsidiary (PGW) to a subsidiary of Vitro, S.A.B. de C.V., a glass manufacturer based in Mexico. The sale price was $310 million, subject to potential post-closing purchase price adjustments. As […]
Saint-Gobain Acquires 320 Location Glass Repair Franchise in France
Saint-Gobain announced it has completed the acquisition of France Pare-Brise, which has the second largest automotive glass repair and replacement franchise network in France with 320 locations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers. Saint-Gobain produces automotive glass for automakers and for the replacement market, […]
JN Phillips Auto Glass/Windshield Centers Announces ADAS Calibration Program
JN Phillips Auto Glass/Windshield Centers announced its ADAS Windshield Calibration Program will be rolled out to its service centers, mobile technicians and support facilities during the upcoming months. This comprehensive program, under development for more than a year, includes training, education, system upgrades, and the adoption of field-based calibration technology tools suited to the automotive […]
Safelite Acquires AAA Carolinas’ Mobile Glass Business, Becomes Preferred Partner for Glass Work
Safelite Group announced an agreement to acquire AAA Mobile Glass, LLC, a wholly owned subsidiary of AAA Carolinas. Additionally, Safelite will become the preferred partner for members of AAA Carolinas for auto glass repair and replacement needs. The transaction was completed at the close of business September 30. AAA Carolinas serves approximately 2 million members […]
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