Fisher Auto Parts announced the purchase and partial construction of a 420,000 sq. ft. automated distribution center in Walton, Ky. The facility is fully operational and will service up to 250 stores from the 26 acre location. Herb Godschalk, president of Fisher Auto Parts said, “We believe in the adage that no matter what our […]
Boyd Group Acquires Four Collision Repair Centers in Indiana and Kentucky
The Boyd Group Inc. announced the acquisition of a multi-store operation consisting of four collision repair centers with three in Indiana and one in Kentucky. These new Gerber Collision & Glass locations previously operated as Lefler Collision & Glass, originating in the 1950s, with the most recent opening in 2015. Two of the collision repair […]
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 […]
Boyd Acquires Two Collision Repair Centers in Kentucky
The Boyd Group Inc. announced the opening yesterday of two Gerber Collision & Glass collision repair centers in Louisville, Kentucky. The locations previously operated as Bill Etscorn & Sons Auto & Collision Centers, originating in 1984. Louisville is located on the Ohio River, along the Indiana border, and is the largest city in Kentucky with […]
Caliber Collision Acquires Price’s Collision Centers in Tennessee
FOCUS Investment Banking announced that Price’s Collision Centers of Nashville, Tenn. has been acquired by Caliber Holdings Corporation of Lewisville, Texas. FOCUS represented Price’s Collision Centers in this transaction. Operating 10 centers in central Tennessee and Kentucky, Price’s has served the region for more than 30 years. The transaction was led by FOCUS Managing Directors, […]
Copart Acquires Vincent Auto Solutions
Copart, Inc. (NASDAQ: CPRT) announced the acquisition of Vincent Auto Solutions (VAS) located in Greenville, Ky. VAS has been remarketer of total-loss and fleet vehicles in the western Kentucky region for over a decade. “I’m extremely pleased with this acquisition. Not only do we expand our operational footprint in western Kentucky, but we also add […]
Gipe Auto Color Opens 9th Location in Lexington, KY
Gipe Auto Color announced it will open the doors to its ninth location, serving the collision repair industry in the greater Lexington, Ky. area. The new location at 1051 Floyd Drive Suite 100 in Lexington will be open to customer walk-ins, over the phone ordering, fax orders and online ordering. Gipe Automotive Inc. was founded […]
Nashville Veteran Receives NABC Recycled Rides Gift
Nearly 300 collision repair shop owners and managers attending the Collision Advice Legacy Group’s Business Council Symposium, sponsored by Axalta Coating Systems, cheered and celebrated with a local Nashville veteran who received a newly restored vehicle from the National Auto Body Council’s Recycled Rides program. The gifting was a much-needed lift for U.S. Army Veteran […]
Novelis Breaks Ground on Automotive Aluminum Facility in Kentucky
Novelis Inc., the aluminum rolling and recycling company, yesterday hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminum sheet manufacturing facility in Guthrie, Ky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell’s staff to recognize the […]
Liberty Mutual Acquires Mapfre’s Personal Lines Business in Indiana, Kentucky, and Tennessee
MAPFRE Insurance, that announced in December it will cease operating in five states to focus on 11, is turning over its personal lines business in three of the five states it is leaving to Safeco Insurance, a unit of Liberty Mutual. MAPFRE has agreed to provide Safeco the opportunity to underwrite its personal lines policies […]