Friday, 29 July 2016 17:19

Retro News: August 1996, 2001, 2006, 2011

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ABRA's Expansion Plans, Tech Wages, Flat Fees for Repair, BMS vs. EMS

20 years ago in the collision repair industry (August 1996)


ABRA Auto Body and Glass’s present owners Rollie Benjamin and Tim Adelmann have purchases the interest of former shareholder Randy McPherson. Under the new ownership, ABRA plans to sharpen its focus on expanding across the country, with a goal of 300-plus shops by the end of the year 2000.

 

– As reported in Auto Body Repair News. ABRA was not the first and certainly not the last consolidator to make what turned out to be wildly-over-optimistic growth projections. ABRA didn’t pass the 300-shop mark until last year, 15 years later than it anticipated. Adelmann is the company’s executive vice president for business development; Benjamin, the company’s founder, most recently served as a director on its board. McPherson went on to launch CARA Collision & Glass, another Minnesota-based MSO that in mid-2000 locked the doors on its remaining 13 shops and filed Chapter 7 bankruptcy.


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