Increased vehicles and road congestion drives collision repair growth in U.S.

Bethesda, Maryland — November 21, 2013 — Collision repair-related sales by aftermarket repair shops in the U.S. grew 2.3 percent in 2012 to $39.7 billion, according to the 2013 Digital Collision Repair Trends report by the Automotive Aftermarket Industry Association (AAIA). This growth was driven by several factors such as increased number of registered vehicles, […]

Toronto-based OMERS Private Equity acquires Caliber Collision Centers

Toronto, Ontario — November 21, 2013 — OMERS Private Equity (OPE) and the existing management of the company have acquired Caliber Collision Centers from private equity firm ONCAP, Onex Corporation’s mid-market private equity platform. Based in Dallas, Tex., Caliber is a network of 157 collision centers located in California, Texas, Arizona, Nevada, Oklahoma and Colorado. […]

Next generation steps up at ARAAC meeting

Halifax, Nova Scotia — November 20, 2013 — The Automotive Recyclers Association of Atlantic Canada (ARAAC) is more full of youthful vigor than ever at the conclusion of the association’s annual meeting. The meeting took place at Four Points Hotel in Halifax, Nova Scotia.    Dalbert Livingstone, newly elected President of ARAAC, with his wife Tabitha. […]