Mergers and Acquisitions News
Mergers and Acquisitions News
Mergers & Acquisitions
Lithia & Driveway Acquires Carousel Motor Group
The purchase is expected to boost Lithia & Driveway's annual revenue by $900 million.
Auto Glass Now Rebranding Acquired Shops
Auto Glass Now is one of the fastest growing glass repair and replacement companies.
Ciocca Automotive Acquires Apple Group in Pennsylvania
Apple Automotive Group, which includes 10 dealerships across York County, is potentially the most valuable group sold in the state.
Classic Collision Expands in Florida with 3 New Acquisitions
The Atlanta-based national MSO now has 52 locations in Florida.
Group 1 Acquires RRR Automotive Group in Maryland
RRR Automotive Group includes the top two highest volume Honda dealers in the state.
Jim Huard's Painters Collision Centers Acquired by Classic Collision
Jim and his wife and business partner, Kelly, grew the business to three locations with more than 100 employees in two years.
Ed Morse Group Expands to Arizona, Acquires 7 Dealerships
The acquisition brings the group's total number of dealerships to 55.
Puget Collision Expands to More Than 50 Locations
Through his time in the collision repair industry, CEO Joe Morella has always operated his stores under one motto: people first.
Classic Collision Adds 3 Locations in Florida Panhandle
Affordable Body Shop and Hollis Body Shop in Marianna and Panama City Beach have been serving the region for several years.
Industry Headwinds Did Not Slow Consolidation in 2023
The Big Five consolidators, private equity-backed platforms and independent MSOs and dealerships added a total of 550 shops.
Bomnin Automotive Acquires 2 Miami Dealerships
The dealerships join a group that sold more than 24,000 vehicles in 2023.
1Collision Rebrands as CSN Collision
Recent acquisitions have also expanded the MSO's locations to 82 locations nationwide.
Classic Collision Acquires 3-Location MSO in Arizona
Painters Collision Centers' three facilities are in Apache Junction, Chandler and Queen Creek.
CarData Inc. Acquires Dealer Visual to Expand Midwest Reach
The deal will enhance CarData's innovative photography and videography services aimed at helping auto dealers attract customers.
Anderson Family Acquires Historic Smart Motors in Wisconsin
The Madison-based dealership is one of the oldest in the U.S., founded 115 years ago.
SATA Acquires Dan-Am Company
Dan-Am, based in Minnesota, has been the exclusive distributor of SATA equipment in the U.S.
Joe Hudson’s Collision Center Acquires Arkansas Repair Facility
The regional MSO is closing in on 200 locations.
Quality Collision Group Acquires Utah MSO with 9 Locations
Cascade Collision Repair, located throughout Utah, will continue to provide exceptional collision repair services to its communities under its existing brand.
KSI Auto Parts Acquires Carolinas Auto Supply House
The New Jersey-based aftermarket collision parts distributor said the acquisition fills a territory hole.
Classic Collision Grows Again in Florida
The national MSO acquired Crash Depot in Auburndale.
English Color and Supply Joins Wesco Group
English Color and Supply was founded in 1946 and has since grown into a premier distributor with 76 locations serving the central U.
Auto Dealership Buy/Sell Market Hits Record High in 2023 Q3
The increase is credited to more sellers entering the market, strong blue sky values and buyers’ substantial capital reserves accrued from record earnings.
McGovern Automotive Opens Hyundai Dealership in Milford, MA
McGovern Hyundai of Milford, formerly Imperial Hyundai, is the group's 29th dealership, and its fourth Hyundai dealership in Massachusetts.
Classic Collision Now 2nd Largest Collision Repairer in Denver Market
Now with 15 shops in the area, Classic is only second to Caliber in terms of its footprint in this high-growth and attractive MSA.
Asbury Completes Acquisition of Jim Koons Dealerships
The $1.2 billion deal includes 20 dealerships, 29 franchises and six collision centers in the thriving Washington-Baltimore market.
Classic Collision Adds 5 New Locations in Colorado
The Atlanta-based national MSO bought Colorado Auto Body's shops in Aurora, Denver, Castle Rock and Littleton.
Crash Champions Acquires Chicago MSO
The four-location MSO serves customers in the northwest Chicagoland communities of Harvard, Lake in the Hills, McHenry and Huntley.
DSR Motor Group Acquires New Hampshire Dealership
The Concord dealership, renamed Capital City Kia, joins the group's 11 other sites across New England.
HGreg Aims to Make Its New Landmark Dealership Biggest in Texas
The former Houston dealership, previously owned by the late Bud Adams, has been closed for two decades.
What You Need to Consider Before Selling Your Collision Repair Business
A panel at the most recent Collision Industry Conference discussed everything from corporate structure to handling the emotions that come with a sale.
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