Also adds locations in California and Nevada. Now operates 150 collision repair centers in ten states. Classic Collision, LLC announced its expansion into Texas with the acquisition of all 45 ProCare Collision centers. The company also made separate announcements about expansion in California and Nevada. ProCare Collision, that was backed by the private equity firm […]
Fenix Parts Acquires Charlie’s Truck & Auto Parts
Fenix Parts announced today it has completed its acquisition of Charlie’s Truck & Auto Parts in Tomball, Texas. This is the fifth acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LP in April 2018. Charlie’s is a full-service automotive recycling facility servicing the greater Houston market. This […]
Cassie Brown Appointed Commissioner of Insurance in Texas
Texas Governor Greg Abbott has appointed Cassie Brown as the Commissioner of Insurance for a term set to expire on February 1, 2023. Cassie Brown of Austin has served as the Commissioner of Workers’ Compensation since June 2018. Previously, she served as is deputy commissioner for Regulatory Policy at the Texas Department of Insurance. In […]
Boyd Group Acquires Repair Center in Texas
The Boyd Group Inc. announced the acquisition of a collision repair center in Austin, Texas. This new Gerber Collision & Glass repair center operated as Don’s Paint & Body Shop, founded at this location in 1972. Austin, the fourth largest city in Texas, is the state capital, home to the University of Texas and boasts […]
Service King Alamo Ranch Collision Repair Facility will be LEED Certified Facility
Service King Collision will introduce a sustainable, energy-efficient approach to the collision repair industry in San Antonio when it opens a Leadership in Energy and Environmental Design (LEED) certified facility in San Antonio, Texas in early January 2022. The LEED certification is recognized as the most widely used green building rating system in the world. […]
ProCare Collision Acquires Two Collision Repair Centers in San Antonio
ProCare Collision announced the acquisition of 410 Collision with two locations in the San Antonio, Texas metropolitan area. With the acquisition, ProCare Collision now has 45 locations. “This partnership with 410 Collision will help ProCare strengthen its ability to service more of the surrounding San Antonio community,” said ProCare CEO Vince Brock. “410 Collision has […]
Texas Auto Recycler to Pay $90,000 to Settle EEOC Disability Discrimination Suit
Tyler, Texas-based K&L Auto Crushers will pay $90,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s lawsuit, the employee immediately notified the owner of K&L when she was diagnosed with small-cell lung cancer. The employee also told […]
Boyd Group Opens New Collision Repair Center in Texas
The Boyd Group Inc. announced the opening of a Gerber Collision & Glass collision repair center in Round Rock, Texas. This repair center is located near a well-traveled interstate, approximately 20 miles northeast of Austin by an area with a population of 2.3 million people. Round Rock is home to an international technology company headquarters […]
National Oak Distributors Acquires PBE Jobbers Warehouse
Prairie Capital Advisors, Inc. announced its client PBE Jobbers Warehouse, Inc. has been acquired by National Oak Distributors, Inc. Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed. Founded in 1976 […]
Argo AI and Ford to Launch Self-Driving Vehicles on Lyft Network in Miami by End of Year
Plans to expand autonomous ride hailing to Austin, Texas in 2022. Argo AI, Lyft and Ford Motor Company are working together to commercialize autonomous ride hailing at scale. The unique collaboration brings together all of the parts necessary to create a viable autonomous ride hailing service, including the self-driving technology, vehicle fleet and transportation network […]
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