3M Announces Strategic Investment in asTech

3M Announces Strategic Investment in asTech

The strategic investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas and Europe.

3M Company announced it has made a strategic investment in Repairify, Inc. (asTech), a provider of remote diagnostic solutions, calibration services and key programming solutions to the automotive aftermarket industry.

The strategic investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas and Europe. Terms and conditions of the investment were kept confidential and future collaboration will be announced at a later date.

“The 3M Ventures strategic investment in Repairify enables us to accelerate our solutions and offerings across the entire automotive ecosystem,” said Cris Hollingsworth, president of Repairify, Inc.

Added 3M Ventures Director Ben Wright, “We seek to make strategic investments that will advance our innovation and growth. We are moving rapidly to an even more digital-first world, and we see those shifts in the automotive aftermarket. This investment signifies our continued commitment to advance the digitization of 3M as well as of the customers we serve.”

You May Also Like

NABC Donates Recycled Ride to Newark-Area Veteran

The NABC, GEICO and Benner’s Auto Body recently donated a refurbished vehicle to a Newark-area veteran to provide him independence and the ability to work. 

The National Auto Body Council (NABC), along with GEICO and Benner's Auto Body, recently donated a refurbished vehicle to a Newark-area veteran to provide him independence and the ability to work. 

The presentation was held at the Meadowlands Expo Center in Secaucus, N.J.  The deserving recipient was selected by the Department of Veteran Affairs HUD VASH.

ABRA Celebrates Women Leaders

Following International Women’s Day on Wednesday, March 8, ABRA salutes the women who keep the wheels turning.

Solera Launches Identifix Shop Manager

Identifix Shop Manager is a new comprehensive repair shop management solution to help repair shops modernize and optimize operations. 

Fix Auto USA Participates in Career Fair

Fix Auto USA participated in a UTI career fair in Long Beach, Calif., with the Southern California I-CAR Committee and CREF.

CARSTAR Celebrates Women Leaders

CARSTAR announced it is highlighting the women in its network who are leading the charge in delivering high-quality collision repair.

Other Posts

Crash Champions Opens 25th Ohio Location

Crash Champions announced it has opened a new shop in Avon, Ohio, its 25th location in the Buckeye State.

Milton Industries Acquires Steck Manufacturing

Milton extends tool offerings in automotive repair, collision repair, lockout and towing markets.

ASE Announces Keynote for 2023 Instructor Training Conference

Renowned speaker and best-selling author Eric Chester will focus on helping to make sure graduates of automotive educational programs succeed in their careers.

Classic Collision Expands in Florida

Classic Collision has announced the acquisition of Auto Tech Collision Center in East Lakeland, Fla.