March 5, 2021 – FOCUS Advisors is proud to announce the sale of its client, Signature Auto Collision, to Classic Collision of Atlanta, GA. Signature operates 3 shops in Southern California in the High Desert area north of San Bernardino, CA. Established in Chino 29 years ago by Wayne Tate, Signature moved and expanded to Hesperia, Barstow and Phelan with co-owner Ryan Wilson joining the operations.
Focus Advisors’ Managing Director David Roberts stated, “Wayne and Ryan built a strong operation with multiple DRPs and strong customer and staff loyalty demonstrated over many years. We’re happy we helped them find the right partner to carry on their legacy.”
This acquisition marks Classic Collision’s second acquisition into the Southern California market. Classic now operates 65 shops in Florida, Georgia, South Carolina, Alabama and California. CEO Toan Nguyen, stated “Signature Auto Collision has an integral reputation in San Bernardino county, and we are pleased to welcome all of the courteous, competent, and helpful team members to the Classic Collision Family. We expect to continue our rapid market growth in the Southern California market.”
Signature co-owner Ryan Wilson commented “We had multiple parties interested in our MSO. We chose Classic as the best fit for our staff and their futures.” Co-owner Wayne Tate recalled “As someone who has previously sold a collision repair business, I knew we needed professional assistance to avoid the inevitable missteps and challenges. The process run by FOCUS set us up for success and got us across the finish line on time with the right partner.”
About FOCUS Advisors:
FOCUS Advisors (focusadvisors.com) is a full-service FINRA-registered M&A advisory firm serving collision industry entrepreneurs looking for advice about growth and sale options, representing them in raising capital or selling their businesses. Managing Director, David Roberts has been the industry’s leading advisor to MSOs and single shops in the last 6 years with more than 24 industry transactions including recent sales of large MSOs such as Master Collision, Fix Auto USA, Fix ACAB, Price’s Collision in Nashville and Herb’s Body and Paint in Dallas.
Investment Banking Services and Securities offered through Independent Investment Bankers Corp. a broker-dealer, Member FINRA/SIPC. FOCUS Advisors is not affiliated with Independent Investment Bankers Corp.