First Investment by fund will enable Kelowna-based collision repair shop operator to execute on acquisition strategy. The Canadian Business Growth Fund (CBGF) announced October 2 that it has invested CDN$15 million ($11.6 million) in the Lift Auto Group. The deal is CBGF’s first investment as part of its mandate to provide long-term, patient, minority capital […]
Boyd Group Acquires Collision Repair Center in British Columbia
The Boyd Group Inc. announced that on July 9, it acquired a location in Nanaimo, British Columbia, Canada. The location previously operated as Stone Bros. Auto Body and Auto Wrecking. Nanaimo is located approximately 110 kilometers north of Victoria on Vancouver Island. “We are very excited to add this location, which has served the Nanaimo […]
As Crashes Hit All Time High, ICBC Announces Permanent CEO
The Insurance Corporation of British Columbia (ICBC) board chair, Joy MacPhail, announced the permanent appointment of Nicolas Jimenez as ICBC’s president and CEO. Jimenez has served as ICBC’s interim president and CEO since January of this year. After a thorough international search, the board of directors felt Jimenez was the right candidate given his proven […]
Thomas Maple Appointed GM for Fix Auto Network in British Columbia
Fix Auto announced Thomas Maple has been appointed to the role of General Manager for the newly formed region of British Columbia, Canada. “We have seen tremendous growth in the West with over 90 Fix Automotive Network brand locations now operating throughout Alberta, British Columbia and Saskatchewan,” said Steve Leal, President of Fix Auto World. […]
Fix Auto Quesnel Under New Ownership
Fix Auto Canada announced a change in ownership of Fix Auto Quesnel in British Columbia. The facility was purchased by Anita Slovak and Jesse Bowden. This location has been providing customers auto body repair work since 2011. Slovak, along with her husband, may be new to the collision industry, but they have extensive experience owning […]
ICBC Blames CA$935 million in First Nine Months on Surge in Crashes
The Insurance Corporation of British Columbia (ICBC) yesterday reported a net loss of CA$935 million ($757.6 million) for the first nine months of our current fiscal year covering April 1 to December 31, 2017. According to ICBC, “This is obviously a sizeable and significant loss, and is further evidence of the growing financial pressures we […]
Kirmac Opens 18th Collision Repair Center in British Columbia
Kirmac Collision & Autoglass announced the opening of its 18th location in Maple Ridge, B.C. The collision repair center, located at 11971 227th Street, just off Dewdney Trunk Road in East Maple Ridge, complements Kirmac’s existing two facilities located on Lougheed Highway in West Maple Ridge and 228th Street in East Maple Ridge. “Over the […]
Craftsman Acquires Two Collision Repair Centers in British Columbia
Craftsman Collision announced it expanded to Prince George, British Columbia (BC) with the acquisition of Jack Schultz Autobody and Queensway Autobody. The expansion brings Craftsman’s new total to 42 shops under four names in BC, Alberta and California, including 35 in BC alone. The BC communities of Kamloops, Duncan, Vernon and Rutland are other recent […]
Fix Auto Canada Adds Collision Repair Center to Network in Kamloops
Fix Auto Canada announced the addition of a collision repair center to its network in Kamloops, B.C. This facility that has been serving customers since 1991, and is the only ICBC-accredited body shop operating on the north shore of Kamloops. Owner Steve Davidson is excited to join the national brand, “We are looking forward to […]
Car-O-Liner Adds New Distributor in British Columbia, Canada
Car-O-Liner announced that Color Compass Corporation is its newest distributor with a territory representing British Columbia, Canada. Color Compass Corporation is the largest independent automotive refinishes and related auto body supplies distributor in Canada. Through the years, Color Compass Corporation has grown to a team of over 265 dedicated staff operating within 27 locations throughout […]