News: Consolidator Report
Service King Collision Repair Centers, a Texas-based operator of collision repair facilities in the Dallas-Ft. Worth Metroplex and Houston markets, has now acquired Alamo Body and Paint, the leading collision repair service provider in San Antonio with eight large-scale, high-volume locations. Terms of the agreement were not disclosed. Service King says the addition of Alamo Body and Paint positions the company as the largest independently and employee-owned collision repair organization in the U.S. with 42 locations throughout the San Antonio, Dallas, Ft. Worth and Houston areas.
“The acquisition of Alamo Body and Paint allows us to start serving the people of San Antonio," said Service King’s Vice President of Central Texas Brent McKinney. “Service King is committed to continuing Alamo Body and Paint’s long tradition of excellent customer service and good relationships with insurance companies and automotive dealerships. We’re proud to add Alamo’s talented employees and skilled technicians to our base of over 1,000 Service King teammates throughout Texas."
"We’re very excited to join the Service King Team," said Mark Fuller, former Alamo Body and Paint co-owner and president. “For the past 25 years, our success has been driven by our unrelenting focus on complete satisfaction and respect for our customers and employees."
Fuller is joining the Service King team as operations manager. Alamo Body and Paint’s former co-owner Dave Braun will now dedicate all his time to continuing to develop Nexsyis Collision, Inc., the developer of NEXconnex, a multiple location operator-specific collision repair management system, where Braun served as CEO.
Cathy Bonner, president of Service King, stated, “At the eight Alamo locations, we offer Service King’s renowned level of friendly and professional customer service. The quality of work by highly skilled and expertly trained body technicians and painters will carry a lifetime guarantee. In DFW and Houston, Service King is known as one of the ‘best places to work,’ and we’re bringing our same level of health, retirement and career benefits to all new teammates in San Antonio.”
Service King Collision Repair Centers was founded 35 years ago by owner, chairman and CEO Eddie Lennox. Lennox said, “The reason Service King is the largest employee-owned collision repair center in the United States is because the people in this company care about their customers and the trauma they go through after a collision. At Service King, we don’t just fix wrecked cars; we help make people’s lives easier. And we do it with a team that puts their hands and their hearts completely into their work, always taking pride in the service we give and the company we own.”
Symphony Advisors, LLC acted as advisors to Alamo Body and Paint throughout the acquisition process.