ABRA Auto Body Buys 13 Repair Shops, Seeks More Acquisitions
ABRA Auto Body & Glass, a Brooklyn Park-based auto-repair chain, recently announced that it acquired 13 repair centers in the Charlotte, North Carolina metro area for an undisclosed sum—and it’s eyeing additional growth.
The purchase of the 13 former Wilburn Auto Body repair shops marks the latest in a series of acquisitions that ABRA has made in recent years. The deal expands ABRA’s portfolio to include nearly 200 collision repair centers—145 of which are company-owned and 48 of which are independently-owned franchises—in 17 states.
ABRA was founded in 1984, and it offers an array of vehicle repair services, including collision repair, “paintless” dent removal, and auto glass repair and replacement. There are currently 32 ABRA locations in Minnesota. The company currently has 2,828 employees—468 of whom work in Minnesota.
ABRA President and CEO Duane Rouse said in a statement that Wilburn Auto Body “has deep roots in the Charlotte community, and this purchase not only complements ABRA’s portfolio, but meets the demand of customers and business partners in the region while strengthening our presence in the state of North Carolina.”
The company has been vocal about its growth strategy. It purchased nearly two-dozen Precision Collision Auto Body repair centers in the state of Washington last year, and it has also recently acquired locations in Indiana, Tennessee, and Wisconsin. In all, 43 new ABRA repair centers were added in 2013, when accounting for acquisitions and new construction.
At the time of the Washington acquisitions, Rouse told Twin Cities Business that the company was planning additional expansions and was eyeing numerous markets.
And when announcing its most recent acquisitions, the company said it “plans to continue expanding in the months and years ahead as part of its aggressive national growth strategy”—and it is “actively seeking new opportunities to acquire repair centers and integrate them into its industry-leading operating system.”
While much of the recent expansion has been focused outside of Minnesota, a company spokesperson said ABRA plans to open a new Minnesota location in the coming 90 days and future expansion in the state “is always under consideration.”