Garnett Station Partners, LLC, a New York-based principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately $1 billion of assets, today announced it has made a growth investment into VIVE Collision a collision repair multi-site operator. Financial terms of the transaction were not disclosed. Founded in 2021 by Vartan […]
Group 1 Automotive Acquires Prime Automotive Group Dealerships
Transaction includes 30 dealership locations and three collision repair centers in the Northeast. Group 1 Automotive, Inc. (NYSE: GPI), the automotive retailer with 188 dealerships located in the U.S., U.K., and Brazil, today announced an agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group, headquartered in Westwood, Mass. In 2020, […]
Maine Collision Repair Facility Owner Shawn Moody Wins Republican Nomination for Governor
Shawn Moody, founder of Moody’s Collision Centers with 11 locations in Maine, will be the Republican candidate for Governor in Maine in November. Moody won an outright majority of the primary vote, making him the winner of his primary, on Tuesday. With a majority, there’s no need for additional rounds of voting under Maine’s ranked-choice […]
Sanel Auto Parts Joins NAPA, Acquires 8 Stores
Sanel Auto Parts, Co. announced that the company is joining NAPA Auto Parts. Under its new name, Sanel NAPA, the company will continue to be independently owned and operated by the Segal family, the fourth generation to lead the company. The parts and paint distributor will also be purchasing eight additional NAPA stores, three in […]
Maine Collision Repair Anti-Steering Legislation Vetoed by Governor
State Senate fails to overturn veto on measure that would have required insurers to inform a consumer of right to collision repair facility. Proposed legislation (LD 1540) in Maine that would have required an insurer that recommends a particular collision repair facility to inform consumers they have a right to choose a facility was vetoed […]
JN Phillips Auto Glass to Open Eight New Stores Servicing New Hampshire, Maine and Vermont
JN Phillips Auto Glass, a New England-owned company, announced a new investment initiative for servicing auto glass customers across Northern New England, including New Hampshire, Maine, and Vermont. The company plans to open eight auto glass service centers across the region during the next 36 months. The company will also expand its mobile fleet and establish […]
Insurance Auto Auctions Expands Presence in Seven States
Company now operates 173 locations in the U.S. and Canada. Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), today announced the strategic expansion of auction locations in Arkansas, Idaho, Indiana, Louisiana, Maine, Pennsylvania and Oregon. IAA facilities now occupy 173 locations in the U.S. and Canada. “Our increased land capacity […]
Safelite Opens SuperCenter in Portland, Maine
Safelite AutoGlass announced it is opening a new SuperCenter in Portland, Maine by October 2016. Customers in Maine and New Hampshire were previously served through Safelite’s mobile technicians and Boston-based warehouse. The all-new warehouse and store located at 421 Warren Ave. The 27,000-square-foot facility will stock frequently needed parts and hold six service bays in […]
Refinish Distributors Alliance Adds New Member
The Refinish Distributors Alliance (RDA) announced that Automotive Supply Associates d.b.a. Sanel Auto Parts, with headquarters in Concord, N.H., is its newest member. With this addition, RDA has membership across 30 states. Automotive Supply Associates is a fourth-generation family-owned business that was started over 96 years ago. The company operates a central distribution center in […]