Chris Lane
‘Two Bites of the Apple’: Small MSO Sales Can Mean Double Rewards for Sellers
This article was originally published by Elizabeth Crumbly on Autobody News and is republished here with permission. Sellers are frequently reinvesting part of the proceeds into the business to ensure continued growth under the new owner. As the collision world consolidates and owners of multi shop operations (MSOs) sell their businesses, a trend is emerging: investors purchasing smaller shop … Read more
Why MSOs are Stepping Up to Purchase Dealership Collision Centers
This article was originally published by Elizabeth Crumbly on Autobody News and is republished here with permission. Sales of dealership collision centers pose multifaceted benefits, both for dealerships selling and the MSOs that often purchase. These changes aren’t without challenges, but a consolidating industry means these moves will likely become more common in coming years. “It’s … Read more
Fed Rate Cut Could Drive Brownfield Acquisitions in Collision Repair
This article was originally published by Brian Bradley on Autobody News and is republished here with permission. The recent interest rate cut by the Federal Reserve could spur more real estate acquisition in the collision repair industry, but it may take months for this and other impacts of the decrease to materialize, according to analysts. … Read more
Focus Advisors Represents Tripp’s Collision Centers in its Sale to CollisionRight
September 6, 2024 – Focus Advisors is proud to announce the sale of its client, Tripp’s Collision Centers, to CollisionRight, a regional consolidator. Tripp’s Collision is a well-established name in central Michigan with three locations in Lansing, East Lansing, and Jackson, and has been a cornerstone of the community since its founding in 1988 by … Read more
Independent MSOs, Is It Time to Buy a Dealer Body Shop?
https://vimeo.com/1003362987?share=copy Auto dealers are consolidating for many of the same reasons as collision repairers: retiring owners, scale economies, increased competition, higher operating costs, increased vehicle complexity, and new required investments in equipment and facilities. These pressures on dealer body shops create growth opportunities for independent multi-shop operators (MSOs) to expand by acquiring dealer shops and … Read more
Crash Champion’s recent acquisition in Seattle illustrates red-hot consolidator interest
SEATTLE, July 31, 2024 – Focus Advisors, a national mergers and acquisitions advisory firm, is reporting that the Seattle metropolitan area remains one of the top three markets nationally for collision consolidation activity. The Seattle area has seen some of the most fervent consolidation in recent years and is now home to Caliber, Classic Collision, … Read more
Classic Collision Enters DMV Metro with Pro-Tech Acquisition
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 … Read more
