FALMOUTH, VA, June 14, 2024 – Since their private equity-backed inception in Atlanta, Classic Collision has recently started moving up the east coast, and as of Friday, Classic officially entered the DC-MD-VA metro area with its acquisition of Pro-Tech Collision in Stafford, VA. Focus Advisors Automotive M&A represented the owners in the transaction with Classic. Pro-Tech is a high-performance single shop out of Falmouth, Virginia with intake centers in Stafford and Fredericksburg along the major thoroughfare from Virginia into the District of Columbia.
Chris Lane, President at Focus Advisors, commented, “Northern Virginia has had significant population and economic growth in recent years, so it’s clear Classic recognized the potential in expanding into the DMV by way of Virginia. Pro-Tech’s features and desirable location right off I-95 attracted multiple bidders, including Classic Collision, which ultimately won the deal. We were pleased to get the transaction across the finish line and secure a great outcome for both co-owners, Paul and Mike.”
Classic Collision made its first foray into Virginia in late 2023 with the acquisition of Elite Auto Body, Inc., a six-shop MSO based out of Hampton, VA. And earlier this year, it acquired two shops in Virginia Beach. The acquisition of Pro-Tech marked their entrance into the DMV market.
Classic Collision is not alone among the major consolidators in their push into the Mid-Atlantic. In March, Crash Champions acquired Performance Collision Centers, a nine-shop MSO with locations across Virginia, South Carolina, and Georgia, including six locations in Virginia. Earlier this year, Caliber Collision acquired a shop in Baltimore, Maryland, while Joe Hudson’s acquired shops in Eldersburg and Pasadena, Maryland. Meanwhile, throughout the year, VIVE has acquired several shops throughout Pennsylvania, New Jersey, and New York.
About Focus Advisors:
Focus Advisors (www.focusadvisors.com) is the collision industry’s leading M&A advisory firm. They partner with MSOs between $10-50mm in annual revenue, helping owners achieve maximum value through a strategic exit. Pro-Tech marks the 31st MSO that David Roberts and his team at Focus Advisors have represented. Unlike traditional business brokers or large investment banks, Focus Advisors specializes exclusively in collision repair — giving them unparalleled insight into value, interest, and opportunity timing. With 25 years in the industry, Managing Director David Roberts has led more than 40 transactions totaling over $500 million in transaction value and more than 300 collision repair shops, including Pride Auto Body, Quanz Auto Body, Mills Body Shops, and Master Collision. David Roberts and his team at Focus Advisors have represented 30 MSOs, comprising 298 total locations.
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.
