Caliber Collision Centers, operator of collision repair facilities in California, Nevada, Arizona and Texas, announced Feb. 1 that it has acquired 101 Collision, a five shop MSO with locations along the Southern California coast: Westlake Village, Burbank, Oxnard, Santa Barbara and Simi Valley.
“Today’s announcement is a Caliber Collision milestone with an acquisition that brings Caliber to 100 centers. This acquisition further cements our strategic expansion plans across core markets as we provide our insurance clients with the customer focus, cost management, and operational consistency they require in today’s competitive insurance market” said Steve Grimshaw, Caliber Collision Centers’ Chief Executive Officer.
“We recognized that 101 Collision and its management team provided Caliber with the perfect opportunity to expand our market presence along the Southern California coast behind a high quality brand committed to complete customer satisfaction” added Grimshaw.
Another MSO acquisition is likely to be announced shortly.