CollisionRight Acquires Repair Shops in Midwest, Mid-Atlantic
Published April 19, 2023
CollisionRight, Inc. on April 18 announced expansion of its operating footprint through the recent acquisition of D’s Paint & Body, consisting of three shops in Peoria, IL; Action Collision, a three-shop operator in Euclid, OH; and Severn Auto Body, consisting of three shops in Annapolis, MD.
The acquisition of D’s represents entry into the Illinois market, and the acquisitions of Action and Severn add density within CollisionRight’s existing footprint. Terms of the transactions were not disclosed.
Since CollisionRight’s formation in 2020, the company’s network has expanded to more than 80 repair centers across nine states including Illinois, Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Tennessee and West Virginia. Today, CollisionRight repairs more than 90,000 cars per year and maintains strong relationships with auto insurance carriers, who generate more than 90% of the company’s sales. Its facilities also hold a wide range of luxury and EV certifications.
“This is a milestone for CollisionRight as we continue to execute our expansion strategy,” said Jason Sutherland, co-managing partner of CenterOak. “The company has grown revenue five-fold since formation while developing a strong team and operational infrastructure to support continued growth.”
“We are excited to enter Illinois and to deepen our existing commitment to communities in Ohio and Maryland,” said Rich Harrison, CEO of CollisionRight. “All of these operators share CollisionRight’s dedication to delivering an easy, hassle-free auto repair experience. As part of these acquisitions, we are pleased to welcome nearly 150 team members to the CollisionRight platform and offer them additional resources to better serve customers.”