CollisionRight LLC announced the hire of Matt Pettoni as the company’s Chief Financial Officer. Pettoni brings over 20 years of finance experience and over 15 years of experience in the automotive industry. His addition to the CollisionRight executive team re-enforces the company’s commitment to its accelerated growth in the coming years. Matt Pettoni joins CollisionRight […]
CollisionRight Reaches 100 Collision Repair Facility Milestone with Michigan MSO Acquisition
CollisionRight has reached its 100th-location milestone through the three-shop acquisition of Tripp’s Collision in Michigan. As with each of CollisionRight’s 41 acquisitions to date, Tripp’s will continue to do business under its market-leading local brand while benefiting from the support and efficiency of a unified, large-scale organization. All of CollisionRight’s locations are corporate-owned and run […]
Summit Partners Acquires CollisionRight from CenterOak Partners
Collision repair facility operator has 89 collision repair centers in nine states. CenterOak Partners LLC, the Dallas, Texas-based private equity firm, today announced the sale of CollisionRight, Inc. to Summit Partners. Terms of the transaction were not disclosed. The majority investment from Summit Partners, a growth equity investment firm, will provide new capital to help […]
Focus Advisors Releases 2023 Collision Repair Consolidation Year in Review
Report details acquisition and private equity activity across the U.S. Focus Advisors, the mergers and acquisition advisory firm, released its review of 2023 collision repair acquisition activity. The report is provided below: Growth Never Rests – 2023 Year in Review By Raul Salinas, Senior Associate, Focus Advisors Consolidators, Accelerators and Independent MSOs remain undaunted in […]
CollisionRight Announces Acquisition of Nine Collision Repair Centers in Three Separate Transactions
Adds locations in Illinois, Ohio and Maryland. Platform now includes more than 80 locations throughout Central & Mid-Atlantic Regions. CollisionRight, Inc. today announced three acquisitions that included nine collision repair centers. The company, formed by CenterOak partners in 2020, expanded its operating footprint through the recent acquisition of D’s Paint & Body, consisting of three […]
CollisionRight Acquires 4 Collision Repair Centers in Indiana
Focus Advisors, the M&A firm specializing in collision repair transactions, announced that its client, Mills Body Shops of Evansville, Indiana, and its 4 locations have been acquired by CollisionRight, the Columbus, Ohio-based multiple shop operator. Started in 1955 by the Mills family, Don Decker Sr. and Jack Vickery purchased the business in 1977 and grew […]
CenterOak Partners Forms New Collision Repair Company
Private equity firm establishes collision repair platform with 20 locations in Ohio, Kentucky and Michigan. CenterOak Partners LLC, a Dallas, Texas-based private equity firm, today announced the formation of CollisionRight, Inc. a new, regional multi-shop operator of auto body repair services in the Central U.S. CenterOak’s investment will provide capital to support the growth of […]