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Thursday, 28 April 2016 17:38

Cambridge Automotive Group Acquires Maaco Centers in Houston

Cambridge Automotive Group (CAG) announced on April 4 the acquisition of two Maaco licenses in Houston, Texas from former owners Dick and Jane Williams. With this transaction, CAG now owns 24 Maaco shops across the country.

“The Williams family built a great business with a solid foundation, and we’re excited to partner with Dick and Jane’s son Drew to continue their family’s legacy of strong operations,” said Ken Ratliff, co-president of CAG.

This is CAG’s second transaction in Texas this year. In January, the business obtained a single Maaco shop formerly owned by Jim and Lindy Devitt.

“Working with the Devitt and Williams families through these acquisitions has been a pleasure,” said Simon Tisminesky, co-president of CAG. “We are grateful to them for helping us execute on our strategic growth strategy.”

CAG is actively seeking opportunities to partner with existing Maaco franchisees for future acquisitions.

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