Largest collision repair center operator details efforts it took to navigate through pandemic. As promised, landlords to receive deferred payment at end of month. Projects it will add 100 new locations this year. Caliber Collision, in communications with its landlord partners dated August 31, detailed the steps it took to maintain a strong financial position […]
Caliber Collision Announces New CFO and Customer Experience Officer Appointments
Caliber Collision announced the appointment of Judd Nystrom as Chief Financial Officer and Claudia Schaefer as Chief Experience Officer to replace Bob Gary and Greg Clark, respectively, after they announced their retirement earlier this year. “We say goodbye to two incredible leaders who were instrumental in making Caliber into what it is today and have […]
NABC Partners Donate Four Vehicles to Veterans During New Jersey Event
The National Auto Body Council’s Recycled Rides program joined insurance partners and collision repair companies to donate vehicles. Four deserving New Jersey area veterans were presented with vehicles that provide them independence and the ability to work and take care of their families thanks to the National Auto Body Council (NABC) Recycled Rides program along […]
Caliber Acquires Herb’s Paint & Body
Multiple collision repair shop operator now has 51 locations in Dallas-Fort Worth. Caliber Collision announced that it has acquired Herb’s Paint & Body locations across the Dallas-Fort Worth market. According to Herb’s website, before it was redirected to Caliber’s website, the organization had eight collision repair centers in the market. Herb’s was founded in January […]
Caliber Collects Over $900,000 in Donations or 5.4 Million Meals in Eight Weeks
More than 85 food banks across 37 states will be able to restock their shelves to ensure at-risk kids do not go hungry this summer thanks to Caliber Collision’s 2019 Rhythm Restoration Food Drive collecting over $900,000 in donations or 5.4 million meals from April through May. Caliber’s 20,000 teammates raised cash and food donations […]
Recycled Rides Go To Three Moms With Military Ties
GEICO, Caliber Collision and Enterprise know how to show their appreciation for those in the military and those with close ties to someone who is. The three companies combined their efforts to present three military moms with vehicles that were refurbished to like new conditions and filled with good wishes from everyone connected with the […]
Dallas Cowboys and Caliber Collision Celebrate Military Service Members and Veterans at Military Combine
Three-vehicle donation by USAA and Caliber Collision among event highlights. Nearly 4,000 fans flooded the field at AT&T Stadium in Arlington, Texas to cheer and celebrate U.S. Military Service Members competing in the 3rd Annual Dallas Cowboys Military Combine presented by Caliber Collision. The goal of the Military Combine is to honor military heroes, showcase […]
Caliber Collision Acquires Price’s Collision Centers in Tennessee
FOCUS Investment Banking announced that Price’s Collision Centers of Nashville, Tenn. has been acquired by Caliber Holdings Corporation of Lewisville, Texas. FOCUS represented Price’s Collision Centers in this transaction. Operating 10 centers in central Tennessee and Kentucky, Price’s has served the region for more than 30 years. The transaction was led by FOCUS Managing Directors, […]
Penfund Announces $150 Million Investment in Caliber
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 […]