SAN FRANCISCO, CA — Focus Advisors and Veritas Advisors are pleased to announce a strategic merger of the most successful, seasoned, and respected M&A firms in the automotive collision repair industry. Focus CEO David Roberts and Veritas Founder John Walcher, together with their teams, bring more than 70 years of experience founding, growing, funding, and … Read more
December 16, 2022 – Focus Advisors, the leading M&A firm specializing in collision repair transactions, is proud to announce the sale of former franchisee, Highland Auto Body in Denver CO to Classic Collision. The transaction represented a successful exit for Co-owners Gunnar and Lynette Greenemeier, who built their MSO over 20 years in the Denver market. “Selling our … Read more
After months of speculation about the future of Service King, a blockbuster merger was announced to Service King managers last Friday. The two consolidators will merge and create a 550+ shop operation with upwards of $2 billion in annualized sales. While still smaller than Gerber and far behind Caliber, this new entity will be competing … Read more
David Roberts, Managing Director of Focus Advisors (focusadvisors.com), comments on the many acquisitions and openings in the first half of 2022. Originally a co-founder of Caliber Collision, Roberts has led multiple MSO and paint distribution transactions including last year’s sale of Quanz Auto Body to Crash Champions. He can be contacted at david.roberts@focusadvisors.com, 510-444-1173. State of … Read more
Collision repair has often been called the ugly stepchild of a dealer organization. Some dealers, though, have made collision repair the stars of their organizations. Among the largest dealers, some have focused on providing large scale, fully equipped and staffed operations, able to offer insurance companies pricing and performance equal to many regional MSOs and … Read more
With 2021 now in the rearview mirror, the industry is catching its breath after a year of sprinting that saw extraordinary acquisition activity.
December 21, 2021 – Focus Advisors, the leading M&A firm specializing in collision repair transactions, is proud to announce that its client, Quanz Auto Body of Albuquerque, NM, has been acquired by Crash Champions
“We wasted a lot of time trying to sell our MSO by ourselves. And if we had succeeded, it would have cost us millions of dollars trying to save a few hundred thousand on fees. Talk about pennywise and pound foolish – that was.”
While repair demand has never been higher for most well positioned providers, technician shortages have never been worse. Parts costs are rising rapidly and cycle times are growing longer. Revenues and profits have been slow to recover for most collision repairers – whether large or small.
Comments and observations after a week in Las Vegas at the MSO Symposium, CIC and SEMA
