PHOENIX, February 12, 2024 – Last month, prolific industry veteran Jim Huard sold his latest successful venture, Painters Collision Centers, to Classic Collision. This exit caps off over four decades of entrepreneurial accomplishments for Jim, who has led the start-up, growth, and sale of several high-performing collision repair businesses across the US. Painters was represented … Read more
Consolidators, Accelerators and Independent MSOs remain undaunted in their pursuit of growth. In a year that saw interest rates more than double, shops rates and repair costs surge more than 10% and the technician shortages continue to bedevil everyone in the industry, the Big Five, the seven private-equity backed Accelerators and dozens of independent MSOs … Read more
DENVER, December 12, 2023: Focus Advisors, a national mergers and acquisitions advisory firm, who represented Colorado Auto Body in its sale last week and most of Classic Collision’s Denver-area acquisitions, is reporting that Classic Collision in just the last year has vaulted from being the fifth-largest provider to the second-largest by locations in the Denver … Read more
DENVER, December 13, 2023 – Focus Advisors, the leading M&A firm specializing in collision repair, is proud to announce the sale of Colorado Auto Body to Classic Collision. The transaction closed on Friday, December 8th. Owner Bill Lipsitz founded the business 39 years ago, growing it to five shops in Aurora, Denver, Castle Rock, and … Read more
The Big Collision Repair Consolidation: Past, Present, and Future Industry Trends The collision repair industry has experienced dramatic consolidation over the past 25 years, transforming an industry that was once comprised of over 50,000 small businesses into one increasingly dominated by large national operators. David Roberts, Managing Director at Focus Advisors Automotive M&A, provided invaluable insights … Read more
DENVER, November 13, 2023 – Focus Advisors, the leading M&A firm specializing in collision repair transactions, is proud to announce the sale of three collision repair shops in greater Denver to Classic Collision. The individual shops are Vintage Autoworks (Littleton, CO), Northern Colorado Auto Reconditioning (Greeley), and Body’s by Brown (Englewood). This transaction with Classic … Read more
Able Body Shop was started in 2002 by Ryan Cropper, with the purchase of a shop in downtown Anchorage. Over the next 18 years, Ryan expanded the business — strategically opening two larger shops, aligning Able with the burgeoning needs of the Anchorage market. The rise of consolidation in the industry prompted Ryan to reflect on the business, and he understood that more capital, more scale, and being part of a larger organization was the future.