FOCUS Investment Banking, the middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced that Auto Body Innovations (ABI), with locations in Upper Marlboro and Owings, Md., has been acquired by Caliber Collision. FOCUS represented Auto Body Innovations in the transaction. ABI’s owners, brothers Keith and Kevin Dick, started out as […]
William Fawcett Named Maryland’s Associate Commissioner for Property and Casualty
Maryland Insurance Administration Commissioner Kathleen A. Birrane has appointed William Fawcett as associate commissioner for property and casualty for the Maryland Insurance Administration. Fawcett will oversee the Insurance Administration’s Property and Casualty Division, which comprises a rates and forms review unit and a complaints unit. By law, all insurance companies that sell property, casualty, surety, […]
Asbury Automotive Group Acquires Jim Koons Automotive
Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced an agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is […]
Hertrich Dealerships Opens 11th Collision Repair Center
The Hertrich Family of Automobile Dealerships announced it opened its newest collision center location in Elkton, Md. Hertrich Collision Center of Elkton is the 11th collision center operated by Hertrich and the third center on Maryland’s Eastern Shore. Hertrich operates collision centers in Delaware, including Bear, Dagsboro, Dover, Lewes, Milford, Millsboro, Newark, and Seaford. Additionally, […]
CollisionRight Announces Acquisition of Nine Collision Repair Centers in Three Separate Transactions
Adds locations in Illinois, Ohio and Maryland. Platform now includes more than 80 locations throughout Central & Mid-Atlantic Regions. CollisionRight, Inc. today announced three acquisitions that included nine collision repair centers. The company, formed by CenterOak partners in 2020, expanded its operating footprint through the recent acquisition of D’s Paint & Body, consisting of three […]
Meyer Distributing Opens New Location in Maryland
Meyer Distributing, Inc., a leader in automotive specialty products marketing and distribution, announces the addition of its Hanover, Md. cross-dock. The cross-dock will have a direct feed from Meyer’s Pennsylvania distribution hub, which houses one of the largest inventories of automotive accessories, collision repair parts, and RV parts in the region. “It’s been a busy […]
IAA Opens New Branches in Minnesota and Maryland
IAA, Inc. (NYSE:IAA) announced the opening of new branches in Minnesota and Maryland. IAA Minneapolis South (MN) is the second branch in Minnesota and provides significant inventory storage and updated facilities to serve the growing needs of the Twin Cities area. IAA Elkton (MD), the state’s fifth branch, supports growing demand in Baltimore and northern […]
Crash Champions Acquires 3 Collision Repair Facilities in Maryland
Crash Champions, LLC announced the organization has expanded its Maryland footprint through the strategic acquisition of three collision repair facilities including: Advanced Auto Body, located at 500 Frederick Street in Hagerstown; Classic Collision Works, located at 423 East Diamond Avenue in Gaithersburg; and Advanced Collision, located at 12200 Baltimore Avenue in Beltsville. Crash Champions now […]
WMABA Golf Outing October 13
The Washington Metropolitan Auto Body Association will hold its annual golf fundraiser Thursday, October 13th at Oak Creek Golf Club, in Upper Marlboro, Md. This year the event will be starting out early with a 9 a.m. shotgun start and wrapping up with a BBQ lunch and scoring/winner announcements. More information and registration are available […]
Tesla Insurance Now Available in Maryland and Utah
Vehicle manufacturer now offers auto insurance in ten states. Tesla Insurance is now available to its customers in Maryland and Utah according to availability information published online. Maryland is the 17th largest private passenger auto insurance market in the U.S. and Utah is the 31st largest market. Tesla’s auto insurance is now available to Tesla […]
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