Collision repair facility operator has 262 locations across 16 states. TPG (NASDAQ: TPG) announced that TPG Capital, the U.S. and European private equity platform of TPG, will acquire Classic Collision from New Mountain Capital. Classic Collision’s management team will remain invested in the company. Terms of the transaction were not disclosed. “Today’s announcement is an […]
New Mountain Capital Invests in Classic Collision
Classic Collision, Inc., the Atlanta, Ga.-based multi-store operator (MSO) of 34 collision repair facilities in the Southeastern U.S., announced that it has partnered with New York-based New Mountain Capital, a growth-oriented investment firm with over $20 billion in assets under management. Terms of the transaction were not disclosed. Founded in 1983, Classic is currently the […]