Lift Auto Group announced the acquisition of B&M Auto-Craft Collision formerly owned by brothers-in-law Tony Murazzo and Antonio Beninteso. The facility, located in Burnaby, B.C., now joins the CSN Collision network and will operate as CSN BM Collision. “Lift is a great company. I had the opportunity to chat with them and they’re so professional […]
Lift Auto Group Acquires 5 Collision Repair Centers in Alberta, Canada
Lift Auto Group announced that it has significantly expanded its Alberta, Canada operations with the acquisition of Herbers Autobody comprising of five locations in the Edmonton region and one in Grande Prairie. Herbers serves the Edmonton, Grande Prairie and Leduc regions. “Lift is very excited to include Herbers Autobody in its rapidly expanding portfolio of […]
Lift Auto Group Acquires 5 Collision Repair Centers in British Columbia
Lift now operates 29 locations. Lift Auto Group continues its expansion in the Canadian collision repair industry following its most recent acquisition of Abougoush Collision, with five collision repair shops located throughout the British Columbia (BC) Interior. Previously owned by Methal Abougoush, Abougoush Collision was a very successful and long-standing licensee that conducted business as […]
Lift Auto Group Acquires CSN Collision Repair Center in British Columbia
The Lift Auto Group continued their Canadian expansion with the acquisition of CSN Superior located in Sidney, B.C., Canada. “Lift is very excited to include CSN Superior in its expanding portfolio of 18 collision repair shops from coast to coast,” said Lift Auto Group President & CEO, Mark Reineking. “For decades, CSN Superior has been […]
Lift Auto Group Acquires CSN BC Collisions in British Columbia
CSN Collision Centres announced that the Lift Auto Group has acquired CSN BC Collisions a 10,000 sq, ft. collision repair center Burnaby, British Columbia, Canada. CSN BC Collisions has been in the CSN network since 2014 and is the most recent acquisition completed by Lift. The Lift Auto Group currently has 15 locations in BC, […]
Canada-Based Collision Repair Consolidator Lift Auto Group Receives Funding from PFM Capital
PFM Capital Inc. (PFM), on behalf of the APEX III Investment Fund Limited Partnership (APEX III) announced it has made a strategic investment in British Columbia-based Lift Auto Group to support the continuation of the collision repair facility consolidator’s expansion and acquisition strategy. In addition, the Canadian Business Growth Fund (CBGF), that invested in Lift […]
Canadian Business Growth Fund Invests CDN$15 Million in BC-based Lift Auto Group
First Investment by fund will enable Kelowna-based collision repair shop operator to execute on acquisition strategy. The Canadian Business Growth Fund (CBGF) announced October 2 that it has invested CDN$15 million ($11.6 million) in the Lift Auto Group. The deal is CBGF’s first investment as part of its mandate to provide long-term, patient, minority capital […]