BBB Industries, LLC, a manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P., announced it has entered into an agreement to acquire All Star Auto Parts. Terms of the transaction, which is expected to close in the third quarter, were not disclosed. Clearlake Capital is not a newcomer […]
Crash Champions and Service King to Merge
Collision repair shop operators combined organization will have more than 550 locations in 35 states. Crash Champions announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. and will simultaneously execute a strategic transaction with Service King Collision to merge the two large collision repair center […]
Service King Reaches Agreement with Financial Stakeholders to Recapitalize Business
Clearlake Capital Group assumes majority ownership. MSO receives $200 million new capital injection, reduces net indebtedness by over $500 million. Service King today announced its entry into a comprehensive agreement with key financial stakeholders that will provide the Company with new capital, reduce debt, extend remaining existing debt maturities, and position Service King to increase […]