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Tag Archives: acquisitions
Windshield Surgeons of Canada Sold to an Industry Stalwart
PGW Auto Glass has announced the acquisition of Canadian auto glass company Windshield Surgeons. The Pennsylvania-based auto glass distributor published a statement the morning of June 24, announcing the purchase. Windshield Surgeons was founded in 1989 and offers auto glass … Continue reading
Posted in glassBYTEs Original Story Tagged acquisitions, PGW Auto Glass, Windshield Surgeons Leave a comment
GlasWeld Makes Acquisition
GlasWeld has acquired Glass Mechanix Solutions. The deal closed August 28. The repair suppliers are based in Bend, Oregon, and Salt Lake City, respectively. Shiloh Spoo, president of GlasWeld, says acquiring Glass Mechanix was a natural choice. “We have … Continue reading
Equity Firm Buys ADAS and Diagnostics Company
Private Equity Firm Rotunda Capital Partners has acquired a well-known maker of Advanced Driver Assistance Systems (ADAS) calibration equipment. Rotunda announced the purchase of AirPro Diagnostics on February 25. According to Rotunda officials, the Bethesda, Maryland-based group “is an operationally … Continue reading
Posted in glassBYTEs Original Story Tagged acquisition news, acquisitions, AirPro, AirPro Diagnostics, private equity firm 1 Comment
DOJ and FTC to Investigate Companies Engaged in “Serial Acquisitions,” Agencies Seek Information and Feedback
The Federal Trade Commission (FTC) and Justice Department (DOJ) are seeking information as part of a joint inquiry into corporate consolidation strategies, such as “serial acquisitions.” According to the FTC, these strategies happen when a larger organization buys smaller companies … Continue reading
Posted in glassBYTEs Original Story Tagged acquisition news, acquisitions, breaking news, DOJ, FTC, news alert 6 Comments
Straightaway Tire & Auto Acquires Accurate Auto and Wayne’s Automotive
Straightaway Tire & Auto, on November 29, completed the acquisition of Accurate Auto & Tire Service and Wayne’s Automotive. Accurate Auto is a full-service auto repair facility serving the Maple Grove, Minn., market for more than 25 years. Wayne’s is … Continue reading
Auto Glass Future Bright for Boyd Group
Boyd Group Services president and CEO Timothy O’Day expressed confidence in the steady growth of the company’s auto glass segment during a November 10 third-quarter 2023 earnings call. “I’m pretty excited about our auto glass business and the opportunity that … Continue reading
Posted in glassBYTEs Headlines, glassBYTEs Original Story Tagged acquisitions, Assured Automotive, Auto Glass Authority, auto glass segment, Auto Glass Service, Autoglassonly.com, Boyd Autobody & Glass, Boyd Group Services, collision repair business, earnings call, Gerber Collision & Glass, Glass America, steady growth, third-quarter 2023, Timothy O’Day Leave a comment
Boyd Group’s Year-End Report Shows Effects of Automotive Industry Challenges
In the Boyd Group Services Inc.’s fourth-quarter report and year-end report for 2021, president and chief executive officer Tim O’Day says in the first half of last year, the company showed “steady improvement” after the pandemic. The Boyd Group Inc. … Continue reading
Safelite CEO Talks about Latest Acquisition and More
Safelite CEO and president, Tom Feeney, spoke with AGRR/glassBYTEs.com’s Deb Levy late last week about a variety of topics including the company’s recent TruRoad acquisition. Feeney also said there was absolutely no truth to the rumors of a possible acquisition … Continue reading
TechnaGlass Announces Expansion in Minnesota, Colorado and Ohio
Salt Lake City-based TechnaGlass has opened a new retail location in Brooklyn Park, Minn., a suburb of Minneapolis. In addition, the company has repurchased TechnaGlass franchisees in Cincinnati and Denver as part of its strategy to operate and develop company-owned retail locations. Continue reading