Service King Collision Repair Centers has completed the purchase of Wade Auto Body, a reputable collision repairer with three locations serving the Waco, Texas, area since 1970. The transaction is expected to close before Dec. 14. The acquisition brings Service King’s total number of locations to 63.
Two of the Wade locations are located across from each other on I-35 in Waco for convenient customer access. These state-of-the-art repair centers, totaling 46,000 square feet, are capable of repairing more than 550 vehicles per month and currently employ a team of 62 people.
“Service King is very excited and proud to be able to service the community of Waco," said Jeremy Lennox, vice president of Service King’s South Texas market. "This is a wonderful opportunity to add to our Texas footprint and connect our Dallas/Fort Worth and South Texas markets through our continued expansion along the I-35 corridor.”
Jeff McFadden, president of Service King, added, “We are very excited to welcome Wade Auto Body to the Service King family. Wade, under Paul Anderson’s leadership, has grown to become a dominant player in the collision repair industry. Our mutual commitment to quality and customer satisfaction makes this a wonderful partnership for Service King and for our new customers in Central Texas.”
Owner Paul Anderson started his collision repair career with Service King in 1987, before leaving in 1990 to start his own business. He will be rejoining the MSO as a part of the leadership team upon completion of the acquisition.
"We are proud of our people, growth and achievements at Wade Auto Body," he said. "We know that Service King will feel the same way about our team and our relationship with our customers. I look forward to becoming a Service King team member again to support their continued growth."
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