Cambridge Automotive Group announced the grand opening of a new Maaco location in Dallas.
With the transaction, Cambridge Automotive Group now owns 34 Maaco shops across the country.
Formed in 2015, Cambridge Automotive Group is the largest Maaco franchisee in the world. The group is seeking to open additional Maaco locations, especially in California, Texas, Nevada, Arizona, New Mexico, Oregon, Utah and Washington.
The most critical first step in an exit or transition plan is to develop a financial plan and personal vision of what your life will look like post-business.
Jerry was a 63-year-old auto body shop owner who contacted me regarding putting together an exit strategy. Like most shop owners, he had become tired of the day-to-day grind of dealing with the back-and-forth fights with the insurance carriers, yet he still loved the idea of being a part of a business he built from the ground up. Ideally, he would have liked his production manager, Evan, to become his heir apparent, yet he had no idea if Evan was interested in owning the shop or if he was even capable of doing so. His shop was a prime candidate for a consolidator, and he had received an offer from one, yet he cared about his employees and wanted to make sure they were taken care of. Also, he was unsure what he would do with himself if he did not have a place to go. He did not know where to turn.
Today’s collision repairers are challenged with a new set of concerns, one being the need to follow OEM repair procedures.
CARSTAR Jacobus Founder Jerry Jacobus and son Dave share a passion for collision repair and also model railroading.
In a perfect world, every repairer would make the right decisions in every repair, but we don’t live in a perfect world.
We talk so much about how much collision repair is changing, but so is the world of media!
Crash Champions now operates more than 50 repair centers across Southern California and more than 630 locations across 37 states.
Barrett Callaghan brings two decades of industry experience to Crash Champions from Shift Technology and CCC Intelligent Solutions.
Quincy Land, owner of the newly opened Maaco in O’Fallon, has 20 years of dedicated service as a gunnery sergeant in the Marine Corps.
Joe Hudson’s Collision Center has acquired five Precision Hail and Collision locations across Texas and Patton Brothers Body and Frame in Athens, Ga.
