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Monday, 07 May 2012 17:34

Cooks Collision Centers Formally Announces Acquisition of Holmes Body Shop

Cooks Collision Centers, a Roseville, CA, operator of collision repair facilities in the Sacramento and San Francisco Bay area, has acquired six locations previously owned by Holmes Body Shop, a multiple collision repair operator in Southern California. The acquisition has been in the works for some time and has been widely discussed in the California auto body community.

 

The addition of the Holmes Body Shop locations further expands Cooks' position as the largest independently owned and operated collision repair organization in California, with 25 locations throughout the state. The acquired collision repair centers are located in Alhambra, Canoga Park, Duarte, El Segundo, Riverside and Westlake Village, Calif.

“The acquisition of the six Holmes locations is a key step in executing our strategic plan by expanding to the Los Angeles basin and serving Southern California consumers," said Rick Wood, co-CEO of Cooks Collision Centers. “Cooks Collision is committed to providing our new Southern California customers the same high quality collision repair, customer service and value that our Northern California customers have come to expect for the past 33 years.”

Added Chris Rose, vice president of Southern California operations, “The scale of this initial acquisition will enable Cooks Collision to serve our insurance partners and dealership clients and provide consumers with six convenient locations. We plan to add many additional locations throughout the Southern California market.”

“We're very excited about Cooks Collision assuming ownership of our six locations,” said Tom Holmes, owner and CEO of Holmes Body Shop. "Since 1972, our team has focused on delivering outstanding customer service and quality collision repairs to our customers. We made our final decision to join the Cooks team based on the honesty and integrity of the entire Wood family and Cooks employees that we met and dealt with."

Holmes will continue to own and operate the Holmes Body Shop location in Pasadena, Calif.

Symphony Advisors, LLC acted as advisors to both Cooks Collision Centers and Holmes Body Shop throughout the acquisition process. Veritas Advisors, Inc. acted as advisors to Cooks Collision Centers.

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