CONSOLIDATOR REPORT: Gerber, Caliber Acquire Repair Centers in Arizona, Texas
The Boyd Group Inc. and Caliber Collision announced the acquisition of several repair facilities this week. The Boyd Group has acquired Big Sky Autobody in Arizona and also announced the opening of a new start-up in Georgia, all of which will operate under the Gerber Collision & Glass name. With these five new facilities, Gerber
Mitchell Acquires ClaimTools Digital Camera Photo Management System
Mitchell International, Inc., announced its acquisition of Vancouver, Canada-based ClaimTools – the creators of a digital camera and photo management solution that allows shops to visually document repairs and improve communication with insurance partners and parts vendors at any stage of the repair process. “We’re extremely excited about the value that combining ClaimTools photo
GMAC Selling Auto Insurance Business
Multinational insurance holding company AmTrust Financial Services Inc. said it will invest $42.5 million in a joint venture to purchase GMAC’s U.S. auto insurance business. AmTrust is partnering with American Capital Acquisition Corp. – an acquisition arm of investment broker American Capital Partners LLC. The acquisition is subject to approval by regulators and is expected
Gerber Collision & Glass Opens New Location in Arizona
The Boyd Group Inc. has acquired Advanced Auto Body’s Anthem, Ariz., location, which will now operate under the Gerber Collision & Glass trade name. This acquisition was completed on Oct. 6. The new location is approximately 16,200 square feet in size, and serves the growing north suburban Phoenix market. With this acquisition, Boyd Group now
PPG MVP Conference Attendees Fly High on Business Survival Strategies
Over 200 attendees at the PPG MVP Business Solutions Fall Conference held Sept. 13-15 in Nashville knew they were in for a treat when Jim “Murph” Murphy jumped onto the stage in a pilot’s suit. The U.S. Air Force fighter pilot and CEO of Afterburner, a corporate training company, wowed the crowd with a video
PPG MVP Conference Attendees Fly High on Business Survival Strategies
Over 200 attendees at the PPG MVP Business Solutions Fall Conference held Sept. 13-15 in Nashville knew they were in for a treat when Jim “Murph” Murphy jumped onto the stage in a pilot’s suit. The U.S. Air Force fighter pilot and CEO of Afterburner, a corporate training company, wowed the crowd with a video
ABRA Acquires Colorado Shop
Minneapolis-based ABRA Auto Body & Glass announced the acquisition of a repair center in Pueblo West, Colo. This facility, formerly known as Advanced Paint & Body, is now called ABRA-Pueblo West and brings the total number of ABRA repair centers to 97 in 11 states. The shop, which had been owned and operated by Jerry
CONSOLIDATOR REPORT: Gerber Collision, ABRA Announce New Locations
The Boyd Group Inc. has acquired Diamondback Collision Center in Glendale, Ariz., which will now operate under the Gerber Collision & Glass name. This acquisition was completed on Aug. 10, 2009. The new location is approximately 18,000 square feet and will serve consumers and insurance clients in the northwest suburban Phoenix area. Including this acquisition,
Service King Acquires D&D Collision and Callaway’s Collision Specialists
Service King Collision Repair Centers – a Richardson, Texas-based operator of collision repair facilities in the Dallas-Ft. Worth Metroplex and Houston markets – has acquired D&D Collision and Callaway’s Collision Specialists, the leading collision repair service provider in Houston, Texas, with three large-scale, high-volume locations. Terms of the agreement were not disclosed. The addition
SEC Charges Five Individuals With Insider Trading in Liberty Mutual Purchase of Safeco
The Securities and Exchange Commission recently charged five individuals who were involved in separate insider trading schemes that were detected through surveillance of unusual trades preceding the merger announcement between Liberty Mutual Insurance Company and Safeco Corporation. The SEC alleges that those five individuals, including a former investment banker at Goldman Sachs & Co., illegally