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Wednesday, 25 June 2014 21:13

Caliber Acquires MSOs in Los Angeles and North Carolina

Caliber has acquired two multiple collision repair shop operators with a total of nine locations—four in Los Angeles and five in Raleigh, NC. The North Carolina acquisition is the first location for Caliber in the eastern U.S.

Caliber Collision Centers announced that it acquired Classic Collision Center, Inc., with four locations in greater Los Angeles: (Los Angeles, Pasadena, Tujunga, and La Crescenta), and Haddock Collision, a dominant repairer with five locations in the Raleigh, North Carolina market (Raleigh, Wakefield, Cary-Crossroads, Cary-Maynard, and Fuquay-Varina.)

Classic Collision was founded in 1980 and Haddock in 1972.

Caliber Collision Centers' Steve Grimshaw, Caliber Collision Chief Executive Officer commented, “Our acquisition of Classic Collision Center, Inc. continues to offer more customer choices in the Southern California market.  After spending time with Classic Collision’s management team, it was obvious that Classic Collision aligns perfectly with Caliber by delivering industry-leading customer satisfaction across all four Los Angeles locations.”

“We are proud that Classic Collision Center is now a part of the nation’s leading collision repair provider,” said Majic Berenji, Classic Collision President.  “This combination will allow the company to continue to grow, while providing Classic Collision’s customers with even higher standards of quality and personal service that has become our trademark.  It will also provide Classic Collision’s staff and their families’ new advancement opportunities and a secure future in the dynamic collision repair industry.”

“Our acquisition of Haddock Collision Centers in North Carolina represents our first of many acquisitions to come in the eastern U.S.  I am very excited to have Todd McGowan, and the entire Haddock Collision organization, join forces with Caliber,” said Grimshaw.

With these acquisitions Caliber now operates 177 collision repair facilities in Arizona, California, Colorado, Nevada, New Mexico, North Carolina, Oklahoma, and Texas.

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