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 […]
CARSTAR Adds Collision Repair Center to Network in Kentucky
CARSTAR Auto Body Repair Experts announced the opening of CARSTAR South Broadway at 422 Angliana Ave, Lexington, Ky., owned by Kevin Rains. The collision repair center is Rains’ third CARSTAR facility. Rains other two CARSTAR locations are CARSTAR West Chester in West Chester, Ohio, and CARSTAR Center City in Cincinnati, Ohio. He was recently named […]
Insurance Auto Auctions Opens New Location in Kentucky
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), held a grand opening February 22 at its newest location, the IAA Louisville North branch in Eminence, Ky. “The IAA Louisville North facility will expand the company’s presence in the area by providing buyers and sellers with greater convenience and access […]
LYNX Services From PPG Begins Operation At Kentucky Center
LYNX Services from PPG has begun operation at its insurance claims customer service center in Paducah, KY. The second national customer service center LYNX Services has opened in two years, it has capacity to support the company’s handling of insurance loss reports and automotive glass claims. Formed in 1994, LYNX Services is a subsidiary of […]