Copart, Inc. (NASDAQ:CPRT) announced the expansion of its location in Macon, Georgia. The facility now spans 65 acres with additional capacity for vehicle storage and operations. “We are pleased about the expanded property because it provides us the additional space and resources to serve our customers in the exceptional manner they expect and deserve from […]
Classic Collision Acquires Six Collision Repair Centers in Georgia
Classic Collision, LLC announced its second multi-shop acquisition in the last two weeks with the acquisition of all six Elite Auto Collision locations in the Georgia market. Classic Collision now operates 54 centers in 5 states. Elite Auto Collision has served the Georgia market since 1994 and their customers have come to rely on their […]
Safelite Acquires Lee & Cates Glass Auto Glass Division
The Safelite Group announced the acquisition of the Lee & Cates Glass auto glass business. The transaction was completed on Friday, November 6. Lee & Cates Glass was founded in 1926 by brothers-in-law Thomas D. Lee Sr. and Raymond H. Cates in Jacksonville, Fla. The company grew into a full-service glass business with locations throughout […]
All Star Auto Lights Acquires Headlights 101
All Star Auto Lights, the specialty distributor of alternative automotive lighting parts, announced the acquisition of Headlights 101, a Fayetteville, Ga.-based provider of refurbished headlights to the collision repair industry, automotive dealers, and consumers. Matt Immerfall, Chief Executive Officer of All Star Auto Lights, said, “We are focused on identifying high quality investment opportunities, with […]
New Mountain Capital Invests in Classic Collision
Classic Collision, Inc., the Atlanta, Ga.-based multi-store operator (MSO) of 34 collision repair facilities in the Southeastern U.S., announced that it has partnered with New York-based New Mountain Capital, a growth-oriented investment firm with over $20 billion in assets under management. Terms of the transaction were not disclosed. Founded in 1983, Classic is currently the […]
TSG Consumer Partners Acquires Joe Hudson’s Collision Centers
Private equity firm acquires 110 store collision repair chain. TSG Consumer Partners (TSG), a private equity firm focused exclusively on the branded consumer sector, today announced that it has signed an agreement to acquire a majority stake in Joe Hudson’s Collision Centers (JHCC) from Carousel Capital. Carousel Capital and JHCC management will continue as minority […]
Copart Expands Atlanta Location
Copart, Inc. (NASDAQ:CPRT) announced a 40 acre expansion to its Atlanta East location in Georgia. This is the second time Copart has expanded this location this year as it continues to execute on its capacity growth initiative. “We are thrilled that we can meet our customers’ growing needs by expanding the Atlanta East facility,” said […]
Fenix Parts Completes Acquisition of Cox Truck and Van
Fenix Parts, Inc. announced today the closing of the previously announced transaction to acquire Cox Truck and Van, Inc. (CTV). This is the first acquisition completed to the Fenix Parts platform since the company was acquired by affiliates of Stellex Capital Management LP in April 2018. CTV, founded in 1977, operates a full service auto […]
Copart Opens New Location in Georgia
Copart, Inc. (NASDAQ:CPRT) announced the opening of its new location in Macon, Ga. The 35 acre facility is Copart’s ninth location in Georgia. “Opening in Macon allows us to offer increased convenience and additional options to our sellers and buyers in Georgia,” said Copart CEO Jay Adair. “This new location is a strategic step in […]
Fenix Parts to Acquire Cox Truck and Van
Fenix Parts, Inc. today announced the execution of a definitive agreement whereby Fenix Parts will acquire the assets of Cox Truck and Van, Inc. (CTV). The parties expect the acquisition to be completed in July. CTV, founded in 1977, operates a full service auto recycling facility in Gainesville, GA and both full service and self […]
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