The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate is selling the property as employees have more choice about where they work […]
CARSTAR Chicagoland Business Group Showcases Collision Repair Careers at Lincoln Technical Vocational College
The CARSTAR Chicagoland Business Group is continuing its support for the future of the collision repair industry with its ongoing sponsorship of Lincoln Technical Vocational College over the past decade. Recently, CARSTAR hosted a booth at the Lincoln Technical Vocational College Career Fair to showcase careers in collision repair. Some 150 students and 30 vendor […]
Boyd Group Acquires Collision Repair Center in Sycamore, Illinois
The Boyd Group Inc. announced the acquisition of a collision repair center in Sycamore, Ill. This new Gerber Collision & Glass repair center has operated as Hayes Body Shop for 36 years and is located just off Route 23 which is the main roadway between Sycamore and DeKalb, home of Northern Illinois University. “The acquisition […]
Service King to Open Collision Repair Center in Deer Park, Illinois
Service King Collision announced it recently began construction on an 11,200-square-foot collision repair facility, located near the intersection of Rand Road and Lake Cook Road. The facility is planned to open in November. “With 45 years of experience leading the automotive repair industry, Service King is proud to extend its services to Deer Park and […]
Boyd Group Acquires Collision Repair Center in Burbank, Illinois
The Boyd Group Inc. announced the acquisition of a collision repair center in Burbank, Illinois. This new Gerber Collision & Glass repair center operated as Millennium Auto Sales & Repair and has provided service in this market since 2005. Burbank is approximately 15 minutes south of Midway Airport with a northern border near Chicago. “We […]
I-CAR Announces Plans for Chicago Technical Center
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced plans to develop a second technical center in the Chicago area to expand its technical expertise, capacity and capabilities, providing new infrastructures to support the ongoing creation and delivery of relevant and best-in-class education for the collision repair inter-industry amid an era of extraordinary vehicle technology […]
National Oak Distributors Acquires PBE Jobbers Warehouse
Prairie Capital Advisors, Inc. announced its client PBE Jobbers Warehouse, Inc. has been acquired by National Oak Distributors, Inc. Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed. Founded in 1976 […]
1Collision Adds Collision Repair Center to Network in Illinois
1Collision announced the addition of Warren’s Collision Center in Braidwood, Ill. “We are looking forward to working with the 1Collision team, in assisting us in our business growth and performance, as well as benefitting from the value added programs and rebates they offer,” said Warren Wietting, owner of Warren’s Collision Center. “We are excited to […]
Crash Champions Acquires 8 Collision Repair Centers Across the Midwest
Crash Champions, LLC announced it closed out the month of April with the acquisition of eight collision repair shops in Illinois, Missouri, Ohio, and Wisconsin. These acquisitions complement Crash Champions’ earlier purchase of nine repair shops located throughout the Midwestern market earlier this year. In East Moline, Illinois, Crash Champions completed the acquisition of Collision […]
Crash Champions Acquires Collision Repair Center in Illinois
Crash Champions, LLC announced March 29 the acquisition of Collision Repair Center, Inc. in East Moline, Ill., adding to its growing national footprint. This acquisition follows the company’s 2020 acquisitions of Chicago Collision, DuPage Auto Body and Albany Auto Body in the greater Chicago area, as well as Arnold’s Auto Body, Inc., in nearby Davenport, […]
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