An article in the Dallas Business Journal takes a comprehensive look at the massive growth of consolidators Service King and Caliber Collision.
“Their objective is bold, but achievable: Slash costs, standardize operations and make it easier to lay claim to thousands of insurance payouts that cover the bulk of repair work resulting from the 24 million auto accidents annually in the United States,” the article stated.
The article also states, “Down the road, the companies’ speedy expansions also provide their buyout firms with a possible exit strategy that could result in a colossal payoff: an initial public offering.”
To read the full, in-depth story, visit bizjournals.com.
