Thursday, 02 March 2017 23:55

FinishMaster Acquires Hi-Tec/Professional Paint and Auto Body Supply, Inc.

FinishMaster, Inc. a wholly-owned subsidiary of Uni-Select Inc., recently announced that it has completed the acquisition of substantially all of the assets of Hi-Tec/Professional Paint and Auto Body Supply, Inc. ("Hi-Tec").

This acquisition marks FinishMaster's first two locations in the state of Alaska in Anchorage and Fairbanks.

 

With the addition of Alaska, FinishMaster is now located in 33 states and has 222 branches.

 

"We are excited to join forces with a team who shares our commitment to collaborate with customers and build partnerships through exceptional service," stated Steve Arndt, president and chief operating Officer of FinishMaster. "The ability to reach customers in Alaska is an exciting new opportunity for us, and we know by combining existing expertise with our national network of resources we are going to continue to appeal to the customers there. The team at Hi-Tec lives the same core values as our FinishMaster team nationwide and will very quickly become a part of our family. We are thrilled to have them on our team."

 

"This acquisition aligns with our strategic plan to grow in key markets and signifies a major milestone in our history with the first two locations in Alaska," added Henry Buckley, president and chief executive officer of Uni-Select. "We look forward to continued growth in this new market as well as in existing ones."

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