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Crash Champions Acquires Nine Collision Repair Centers in Midwest

February 3, 2021 By CollisionWeek Editor

Crash Champions, LLC announced the acquisition of nine collision repair shops in several separate transactions in Ohio, Illinois, Missouri, Kansas, and Wisconsin. In the Cleveland, Ohio market, Crash Champions completed the acquisition of three Excalibur Collision repair shops, located in Streetsboro, Chagrin Falls, and South Euclid and comprising 34,200-sq. ft. total for conventional insurance work. […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Illinois, Kansas, Missouri, Ohio, Wisconsin

Kemper to Acquire American Access for $370 Million

November 24, 2020 By CollisionWeek Editor

Kemper Corporation (NYSE: KMPR) announced that it has an agreement to acquire American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings, LLC, and its subsidiaries (AAC), in a cash transaction valued at $370 million. The transaction is expected to close in the first quarter of 2021, subject to regulatory approval […]

Filed Under: News Tagged With: Acquisitions, Illinois, Kemper Corporation

IAA Relocates St. Louis East Branch to Larger Facility

October 19, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the relocation and expansion of its St. Louis East branch to Caseyville, Illinois. This new location, approximately twelve miles from St. Louis, Mo., updates the branch facilities and supports IAA’s growth in this expanding market. The new site accommodates the increased capacity needs of the company’s customers.  “IAA is pleased […]

Filed Under: News Tagged With: Illinois, Insurance Auto Auctions, Openings

Cushman & Wakefield Brokers $30 Million Sale/Leaseback of Crash Champions Collision Repair Center Properties

September 17, 2020 By CollisionWeek Editor

Crash Champions

Cushman & Wakefield announced today the firm successfully executed a $30 million sale leaseback of a multiple collision repair facility operator Crash Champions property portfolio in the Greater Chicago region. The deal transacted during the COVID-19 pandemic. Managing Director Jack Chang with Cushman & Wakefield represented the seller and sourced the buyer in the deal. […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions, Cushman & Wakefield, Illinois, Ohio

Collision Repair Education Foundation November 20 Fundraiser to Benefit Chicago’s Kennedy-King College

September 9, 2020 By CollisionWeek Editor

Kennedy-King College’s collision repair program, the only post-secondary collision program within the City Colleges of Chicago, will receive half of the funds raised during a Collision Repair Education Foundation’s (CREF) event at TopGolf Schaumburg on Friday, November 20th from 6-9 p.m. (CST). Funds raised during the networking event will help allow Kennedy-King’s collision program to […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Fundraiser, Illinois

CARSTAR Adds Collision Repair Center to Network in Illinois

June 23, 2020 By CollisionWeek Editor

CARSTAR Geneva

CARSTAR announced the opening of CARSTAR Geneva Body Shop, a 25,000 sq. ft. collision repair center, located at 901 N. Raddant Road, in Batavia, Ill. Owner of CARSTAR Geneva Body Shop, Pasquale Roppo, has been in the collision repair industry for over 35 years. Originally from Italy, Pasquale moved to the U.S. and got a […]

Filed Under: News Tagged With: CARSTAR, Illinois, Network Affiliations

NICB Reports Texas Continues to Take the Top Spot for Hail Claims

April 28, 2020 By CollisionWeek Editor

NICB 2020 Hail Claim Report

The National Insurance Crime Bureau (NICB) today, released a three-year analysis of insurance claims associated with hail storms in the United States. The report is based on a review of claims data from ISO ClaimSearch during the period of January 1, 2017 through December 31, 2019, totaling 2,769,362 hail loss claims.   The top five states […]

Filed Under: News Tagged With: Colorado, Hail, Illinois, Minnesota, National Insurance Crime Bureau, Nebraska, Texas

Axalta Antimicrobial Technology Used In Chicago’s McCormick Place For Coronavirus Patients

April 20, 2020 By CollisionWeek Editor

Axalta (NYSE:AXTA) announced that it will supply E&R Powder Coating with more than 7,000 pounds of its Alesta AM powder coatings for bed frames at a temporary hospital at McCormick Place in Chicago, Ill., which is being used for coronavirus patients. “Axalta’s Alesta AM is being applied to these new beds to ensure that the […]

Filed Under: News Tagged With: Axalta Coating Systems, Chicago, Coronavirus, Illinois

Pacific Elite and Crash Champions Merge

March 18, 2020 By CollisionWeek Editor

Pacific Elite, the family owned operator of collision repair shops in California, today announced a merger with Crash Champions, LLC, a leading regional collision repair business in the greater Chicago area. The newly combined company (CombineCo) will be the 5th largest independent MSO in the country according to the company, with an established presence in […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions, Illinois, Ohio, Pacific Elite Collision Centers

AASPI Affiliates with SCRS

February 20, 2020 By CollisionWeek Editor

The Society of Collision Repair Specialists (SCRS) announced that the Alliance of Automotive Service Providers of Illinois (AASPI) joined SCRS as an Affiliate Association. AASPI was originally formed in the early 1960s as a Chicago area repair association for both mechanical and collision. While the name a structure of the organization has taken different forms […]

Filed Under: News Tagged With: AASPI, Agreements Signed, Illinois, Society of Collision Repair Specialists

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