ABRA Auto Body & Glass announced the acquisition of four more repair centers in two states increasing its new center total in 2012 to 27.
“This is our 16th acquired center of the year and our first step into Illinois and the St. Louis market,” said Duane Rouse, President and Chief Executive Officer of ABRA. “We have also added seven new franchises and developed four corporate centers this year for a total of 27 new centers added to our system in 2012.”
Like this article? Sign up to receive our weekly news blasts here.In two separate transactions announced Dec. 28, ABRA acquired three Collision Plus Auto Body Repair Centers in Southern Illinois just outside St. Louis, Mo., and Ogden Auto Body in Utah. The deals boost ABRA’s repair center portfolio to 136 and expands its national footprint to 15 states.
ABRA’s new Midwest repair centers are located in the Southern Illinois cities of Swansea, Glen Carbon, and O’Fallon.
“Customer satisfaction has been our number one priority,” said Nick Gojmeric, founder and owner of Collision Plus Auto Body Repair Centers. “ABRA’s commitment to its customers while valuing a culture of ethics, integrity and teamwork makes it the perfect company to acquire our business.”
Symphony Advisors acted as advisors to Collision Plus Auto Body Repair Centers to help complete the deal.
“For more than 70 years, our repair center has been a trusted part of the community,” said Tom Baur, owner of Ogden Auto Body. “We know ABRA will continue the commitment we’ve made to superior service over seven decades in business.” The new Ogden location will be ABRA’s fifth repair center in Utah.
ABRA said it expects to continue expanding in the years ahead and is seeking new opportunities to acquire repair centers. Interested parties should contact Louis Berezovsky, Executive Vice President and Chief Financial Officer at lberezovsky@abr aauto.com or (763) 585-6205.
