Collision repair facility operator has 89 collision repair centers in nine states. CenterOak Partners LLC, the Dallas, Texas-based private equity firm, today announced the sale of CollisionRight, Inc. to Summit Partners. Terms of the transaction were not disclosed. The majority investment from Summit Partners, a growth equity investment firm, will provide new capital to help […]
1Collision Rebrands as CSN Collision
Announces new U.S. locations. The 1Collision Network announced its rebranding as CSN Collision, signifying a strategic evolution in the company’s journey. The rebranding positions CSN Collision to tap into its parent company’s global resources and expertise, strengthening its role in the United States, Canada, and Europe. CSN Collision Centres and 1Collision announced they were merging […]
Collision Repair Education Foundation Announces Fall Career Fair Schedule
The Collision Repair Education Foundation (CREF) announced its Fall 2023 High School and College Transportation Student Career Fair schedule, where employers have the opportunity to engage with future collision repair professionals. With events scheduled all across the country, employers won’t want to miss the chance to get to know hundreds, or even thousands, of incoming […]
Sherwin-Williams Holds Topping-Off Ceremony at New Global R&D Center
The Sherwin-Williams Company (NYSE:SHW) along with the project’s construction workers celebrated a ‘topping-off’ on July 26 with the placement of the final steel beam for the Company’s new Global Research and Development Center located in Brecksville, Ohio. This milestone marks the completion of the construction project’s structural work, a project that began with a groundbreaking […]
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 […]
Crash Champions Opens New Collision Repair Center in Ohio
New facility is the multiple collision repair shop operator’s 25th location in the state. Crash Champions today announced the opening of its 25th Ohio collision repair center, located at 38401 Chester Road in Avon, Ohio. The facility officially opened on March 20th. “We’re thrilled to continue expanding the Crash Champions team across Ohio,” said Matt […]
Car ADAS Announces DCR Systems is its Newest Licensee in Ohio
Owners of DCR Systems open calibration facility in existing collision repair center. Car ADAS Solutions announced the addition of its first licensee in Ohio, Calibration Connection. Located in Mentor, Ohio, the facility is operated by DCR Systems, owned by Michael Giarrizzo and Cheryl Boswell. “We are excited to have Michael Giarrizzo, Cheryl Boswell and the […]
iPhone Manufacturer Foxconn Broadens Lordstown Motors Strategic Partnership with $170 Million Investment
Announce plans to pursue first joint EV program. Lordstown Motors Corp. (LMC) (NASDAQ: RIDE), the commercial electric vehicle (EV) manufacturer, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group that manufacturers iPhones for Apple, announced Foxconn agreed to make additional equity investments in LMC in the form of $70 […]
Fenix Parts Acquires Ohio Automotive Recycler
Fenix Parts announced it has completed its acquisition of the assets of Reno Auto Parts in Hillsboro, Ohio. Reno is a full-service automotive recycler servicing the Cincinnati and Dayton markets. This is Fenix Parts’ third acquisition in the Midwest and brings Fenix’s location count to 21 full-service and 4 self-service locations. Bill Stevens, CEO of […]
Safelite Acquires Pro Tech Auto Glass
Safelite Group announced the acquisition of Pro Tech Auto Glass, servicing western Pennsylvania, southern New York and eastern Ohio from 12 locations. The transaction closed on Friday, August 26. “Founded in 1972, Pro Tech Auto Glass is committed to their people, their customers and providing high-quality work,” said Renee Cacchillo, President and CEO of Safelite […]
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