Collision repair facility operator has 89 collision repair centers in nine states. CenterOak Partners LLC, the Dallas, Texas-based private equity firm, today announced the sale of CollisionRight, Inc. to Summit Partners. Terms of the transaction were not disclosed. The majority investment from Summit Partners, a growth equity investment firm, will provide new capital to help […]
US Department of Labor and Mercedes-Benz USA Announce Job Corps Partnership to Train EV Technicians
Initial program will take place at four campuses in Kentucky, Massachusetts, New Jersey and Utah. To help meet the need for auto technicians in the growing electric vehicle industry, the U.S. Department of Labor today announced a national partnership with Mercedes-Benz USA to train Job Corps students initially at centers in Kentucky, Massachusetts, New Jersey […]
CenterOak Partners Forms New Collision Repair Company
Private equity firm establishes collision repair platform with 20 locations in Ohio, Kentucky and Michigan. CenterOak Partners LLC, a Dallas, Texas-based private equity firm, today announced the formation of CollisionRight, Inc. a new, regional multi-shop operator of auto body repair services in the Central U.S. CenterOak’s investment will provide capital to support the growth of […]
CARSTAR Adds Collision Repair Center to Network in Kentucky
CARSTAR announced the opening of CARSTAR on Nicholasville, located at 2159 Lexington Road, in Nicholasville, Ky. CARSTAR on Nicholasville, a 9,000 sq. ft. facility led by general manager Thomas O’Nan, is the fourth CARSTAR facility for co-owner Kevin Rains, but first partnership with the local business group who own Toyota on Nicholasville, led by Rick […]
Fisher Auto Parts Opens New Distribution Center in Kentucky
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 […]