Service King Collision Repair Centers announced the acquisition of First Impressions Collision, Inc. Officials from both Service King and First Impressions mutually agreed upon terms of the acquisition before formally closing yesterday with the merger set to take effect immediately. First Impressions’ single collision repair center is located at 4000 Sullivant Ave. in Columbus, Ohio. […]
Service King Hosts Tour of New Georgia Collision Repair Center
Service King Collision Repair Centers hosted more than 60 guests and local business partners for a comprehensive hard-hat tour inside its future Tucker, Ga. repair center on Tuesday. The 30,000 square-foot facility is scheduled to open for business in mid-February. “Our team was thrilled to open our doors and put on display the great progress […]
Service King Acquires Nine Autometric Collision Repair Centers
Service King Collision Repair Centers announced the expansion of its presence in the Detroit, Mich. market with the acquisition of Autometric Collision and its nine collision repair centers. Service King and Autometric jointly agreed upon and officially finalized terms of the acquisition Jan. 9 with operations transferring immediately. Following the merger, Service King will have […]
Service King Breaks Ground on 35th Dallas-Fort Worth Location
Service King Collision Repair Centers yesterday held a groundbreaking ceremony for its future location in The Colony, Texas. Service King officials, including CEO Chris Abraham, joined representatives from the city of The Colony to officially commence construction of Service King’s future 22,600 square foot repair center located at 5270 Memorial Dr. in the quickly growing […]
Service King Acquires Charlotte, N.C. Collision Repair Center
Service King Collision Repair Centers today announced the organization has officially reached an agreement to acquire The Body Shop Collision Center in Charlotte, N.C. Representatives from Service King and The Body Shop Collision Center mutually agreed upon terms of the acquisition on Friday, Dec. 4, as operations will transition immediately. The Body Shop Collision Center […]
Carlyle Sells Majority Stake in Service King
Two years after acquiring the multiple shop operator, the Carlyle Group is selling a majority stake to the private equity firm Blackstone Group LLP that reportedly values the business at $650 million. Service King Collision Repair Centers announced that private equity funds controlled by Blackstone (NYSE: BX) will recapitalize one of the largest independent U.S. […]
Service King Finalizes Sterling Acquisition
Service King Collision Repair Centers has finalized the acquisition of Sterling Collision Centers that was announced in April. Service King now operates 175 locations across 20 states. “Acquiring a company like Sterling Collision Centers is about more than expanding our network with bricks and mortar. The strength of our organization lies within our people and […]
Service King Acquires 62 Sterling Stores, Boyd Acquires 25 Collision Revision Locations
Two big acquisitions were announced yesterday. Collision repairers in 16 states are waking up this morning to a new competitive landscape as Service King Collision Repair Centers announced that it has reached an agreement to acquire Sterling Collision Centers and its 62 stores. This acquisition will bring the total number of Service King locations to […]
The Carlyle Group to Acquire Service King Collision Repair Centers
The investment firm The Carlyle Group, together with management and employees of Service King Collision Repair Centers, announced they will acquire majority ownership in the chain of auto body repair shops. Founder Eddie Lennox will retain a significant ownership stake in Service King. Chief Executive Officer Cathy Bonner will become Chairman representing Lennox on the […]
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