Crash Champions, LLC announced the acquisition of nine collision repair shops in several separate transactions in Ohio, Illinois, Missouri, Kansas, and Wisconsin. In the Cleveland, Ohio market, Crash Champions completed the acquisition of three Excalibur Collision repair shops, located in Streetsboro, Chagrin Falls, and South Euclid and comprising 34,200-sq. ft. total for conventional insurance work. […]
Transtar Holding Company Sold to Blue Point Capital Partners
Private equity firm takes majority stake in parent of refinish coatings and materials supplier Transtar Autobody Technologies. Transtar Holding Company, a portfolio of automotive aftermarket and original equipment (OE) businesses including Transtar Autobody Technologies, announced the sale of majority ownership to private equity firm Blue Point Capital Partners. Founded in 1975 in Cleveland, Transtar Holding’s […]
Judith French Named Director of Ohio Insurance Department
Ohio Governor DeWine announced his nomination of former Ohio Supreme Court Justice Judith L. French as Director of the Ohio Department of Insurance. French brings more than 30 years of experience, and will lead the department in providing consumer protection through education and fair, but vigilant, regulation while promoting a stable and competitive environment for […]
NJM Insurance Launches in Ohio
NJM Insurance Group announced it is making its full line of personal lines insurance products available to Ohio residents. “NJM was founded over a century ago with one mission, to operate in the exclusive interests of its policyholders,” said Mitch Livingston, NJM president and CEO. NJM is one of the largest auto and homeowners insurers […]
Crash Champions Announces Four Collision Repair Center Acquisitions
Firm now has 50 locations in Central U.S. and California. Crash Champions, LLC announced the acquisition of French Davis Collision, Inc. in Missouri, Arnold’s Auto Body, Inc. in Iowa, Fred Rieser Auto Body, Inc. in Ohio, and Open 7 Days Auto Body, Inc. in California, strengthening its existing market presence in the greater Columbus (OH), […]
CenterOak Partners Forms New Collision Repair Company
Private equity firm establishes collision repair platform with 20 locations in Ohio, Kentucky and Michigan. CenterOak Partners LLC, a Dallas, Texas-based private equity firm, today announced the formation of CollisionRight, Inc. a new, regional multi-shop operator of auto body repair services in the Central U.S. CenterOak’s investment will provide capital to support the growth of […]
Cushman & Wakefield Brokers $30 Million Sale/Leaseback of Crash Champions Collision Repair Center Properties
Cushman & Wakefield announced today the firm successfully executed a $30 million sale leaseback of a multiple collision repair facility operator Crash Champions property portfolio in the Greater Chicago region. The deal transacted during the COVID-19 pandemic. Managing Director Jack Chang with Cushman & Wakefield represented the seller and sourced the buyer in the deal. […]
Stand Alone ADAS Calibration Center Opens in Ohio
Ulmer’s Auto Care Center, a Cincinnati, Ohio-based automotive repair company announced the ADAS Calibration Center of Cincinnati opened for business today, with a celebratory Grand Opening event planned for August 7th. The company plans to work with Cincinnati-area collision repair facility owners, dealerships, service advisors, service managers, insurance estimators, auto repair shops, and windshield repair […]
Multi-State MAACO Operator Stonewall Road Automotive Group Acquired
Calder Capital, LLC announced the sale of multi-state MAACO franchise operator, Stonewall Road Automotive Group LLC (SRAG), to Collision Consolidation Company LLC. SRAG operates five locations in metro Detroit, Mich., four in Maryland and one in Ohio and is one of the largest multi-unit franchisees within the national MAACO system. The company will continue to […]
Safelite AutoGlass Donates PPE to Two Ohio Hospitals
Safelite AutoGlass yesterday donated personal protection equipment (PPE) to two local Columbus, Ohio hospitals, including Nationwide Children’s and OhioHealth. Each hospital received 200,000 latex gloves and 1,000 N95 face masks. Knowing the critical need for medical supplies for frontline workers amid COVID-19, Safelite decided to activate their local teams across the country to gather together […]
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