Penfund, the Toronto, Canada-based provider of junior capital to middle market companies in the US and Canada, announced it completed of a $150 million second lien debt investment in Caliber Collision Centers as part of a small club of lenders providing a $600 million second lien credit facility. The proceeds of this facility, together with […]
Caliber and Abra Merger Closes
Combined company operates more than 1,000 collision repair centers in 37 States and District of Columbia. Caliber Collision Centers and Abra Auto Body Repair of America today announced the closing of their merger that was announced in December. “Caliber and Abra have very similar leadership philosophies and cultures. Combining these two world-class organizations will allow […]
Caliber Affiliate Opens First of 11 Planned Automotive Repair Locations in Texas
Service First Automotive Centers, a Caliber Collision Company, announced the opening of a new location in McKinney, Texas, the first of 11 service centers as part of the company’s expansion plans in 2019. The automotive repair and lube company’s McKinney location joins seven existing centers in Houston. The 10,000 sq. ft. center at 2830 Virginia […]
Fort Carson Soldiers Graduate from New Caliber Collision Changing Lanes Program
Transitioning from a regimented military environment to the unpredictability of civilian life is one of the most stressful times for many soldiers. Four soldiers from Fort Carson graduated stress-free from Caliber Collision’s Changing Lanes Falcon Academy, armed with a $12,000 toolbox, a secure employment offer and new career in the collision repair industry. Changing Lanes […]
Big 4 Collision Repair MSO Location Growth in North America Exceeds Last Year
The Caliber-ABRA merger focuses attention on the large MSO growth. With more than three weeks left in 2018, ABRA, Boyd, Caliber and Service King have already grown their total number of locations at both a higher unit and percentage growth rate compared to last year. With ABRA’s announcement on December 4 that its latest acquisitions […]
Caliber and Abra Announce Merger
Combined company will operate more than 1000 collision repair centers in 37 states. Caliber Collision and Abra Auto Body Repair of America today announced a definitive merger agreement. The combined collision repair facility operator will have more than 1000 locations. Just yesterday, Abra announced it had acquired its 400th location. “This combination will allow us […]
New Caliber Collision Academy Gives Ft. Carson Soldiers Collision Repair Training Opportunity
Caliber Collision announced the opening of its Changing Lanes Falcon Academy, a training program for Ft. Carson soldiers nearing the completion of their military service, to learn skills for a successful new career in the fast-growing collision repair industry. Applications are now being accepted for Changing Lanes Falcon Academy classes. The first cohort started August […]
Caliber Collision Virginia Location Marks MSO’s 600th Collision Repair Center in U.S.
Newest center located in Virginia Beach. Caliber Collision, the largest collision repair company in the U.S., celebrated a major milestone in the company’s history with the opening of its 600th location in Virginia Beach, Va. today. Caliber’s 600 centers are located across 19 states and the District of Columbia. “The continued growth of our company […]
Big 4 Collision Repair MSO Locations Near 1800 in North America
ABRA, Boyd, Caliber and Service King continue to grow their total number of locations though annual unit growth and percentage growth has slowed somewhat since high in 2014. While the rate of acquisitions and new collision repair facility openings by the four large multiple collision repair shop operators (MSOs) in North America has slowed somewhat […]
Caliber Collision Centers Collects 4.3 Million Meals to Feed Kids This Summer
Caliber Collision teammates nationwide rallied valued customers, business partners, and local communities to collect a record 4.3 million meals in their recently completed 7th Annual Rhythm Restoration Food Drive to feed at-risk children over the summer months. Cash and food items collected from Caliber’s Rhythm Restoration Food Drive will help 53 regional food banks replenish […]