Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced an agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is […]
IAA Continues to Invest in North American Footprint
IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers Incorporated company (NYSE:RBA) (TSE:RBA), announced that it has made strategic real estate investments in New York, Indiana, Connecticut and Delaware. The IAA Staten Island (NY) and IAA Fort Wayne (IN) branches have opened to accommodate growing demand in these busy markets. IAA also has bought out the […]
Delaware Governor Carney Allows Recreational Marijuana Legislation to Become Law Without His Signature
Delaware Governor John Carney announced April 21 that he would allow two pieces of legislation governing marijuana legalization to become law. “In the coming days, I will allow House Bill 1 and House Bill 2 to be enacted into Delaware law without my signature. These two pieces of legislation remove all state-level civil and criminal […]
Hertrich Dealerships Acquires Porter Nissan, Porter Infiniti and Porter Auto Body West in Delaware
The Hertrich Family of Automobile Dealerships announced the acquisition of Porter Nissan, Porter Infiniti and Porter Auto Body West in Newark, Delaware. “After 22 years of providing automotive services to our community and careers to our loyal and hardworking employees, we have decided to hand over the reins to the Hertrich Auto Group. It was […]
Hertrich Automotive Dealerships Acquires Collision Repair Center in Delaware
The Hertrich Family of Automobile Dealerships announced the acquisition of Rickards Restorations and Autobody in Millsboro, Del. Rickards Restorations and Autobody has been family-owned-and-operated and a pillar of the community for several years, a tradition the Hertrich Family is excited to continue. Rickards Restorations and Autobody will now take on the name of Hertrich Collision […]
ASA Texas and Pennsylvania Joins Forces with Midwest Auto Care Alliance
Former ASA affiliates to become Texas Auto Care Alliance, Mid-Atlantic Auto Care Alliance. The Board of Directors for both the Automotive Service Association of Pennsylvania and ASA Texas have voted to join the Midwest Auto Care Alliance to serve its members in the independent automotive service industry. The moves come in response to all ASA […]
NJM Insurance Group Expands in the Mid-Atlantic Region
Announces launch in Maryland and Delaware. NJM Insurance Group today announced it now offers its full complement of personal and business insurance in Maryland and full line of business insurance in Delaware. “We are pleased to bring NJM’s insurance products and nationally recognized customer satisfaction to Maryland and Delaware consumers,” said Mitch Livingston, NJM president […]
Painters Supply Acquires Five Location Distributor in Mid-Atlantic Region
Painters Supply & Equipment Co. (PSE) announced today that an affiliate of the company has completed the acquisition of Nyquist, Inc. The acquisition adds five locations in the Mid- Atlantic region. Based in Baltimore, Md., Nyquist was founded in 1955 by George Nyquist Sr., who later sold the business to his son George Nyquist Jr. […]
Delaware Approved for Veteran Adjuster Licensing Reimbursement Program
Delaware Insurance Commissioner Trinidad Navarro announced that the Delaware Department of Insurance has been approved by the Department of Veterans Affairs for reimbursement of licensing test fees. Veterans that successfully pass the exams for Insurance Producer and Adjuster licenses will now be reimbursed those fees. “This is an exciting announcement for the Department of Insurance. […]
Service King Acquires MSO with Four Collision Repair Centers in Pennsylvania and Delaware
Service King Collision Repair Centers announced it acquired True Collision, a Pittsburgh, Pa. based multiple shop operator with three locations in the Pittsburgh market and one in Delaware. The Delaware location is the first for Service King in the state. They now operate collision repair centers in 24 states. “This is certainly a significant and […]