Auto Repair Chain Continues Acquisition Spree
Auto-repair chain ABRA Auto Body & Glass is continuing its acquisition spree with the purchase of 24 repair centers in the Chicago area and in Northwest Indiana.
Brooklyn Park-based ABRA has made a series of similar acquisitions in recent years, most recently through the purchase of 13 repair centers in the Charlotte, North Carolina metro area.
For its latest deal, ABRA bought two-dozen Collision Centers of America repair centers for an undisclosed sum. That boosts ABRA’s portfolio to 218 collision repair centers in 17 states, about 30 of which are in Minnesota. The company was founded in 1984 and offers an array of vehicle repair services, including collision repair, “paintless” dent removal, and auto glass repair and replacement.
ABRA has recently been vocal about its expansion plans, and President and CEO Duane Rouse said in a recent statement that the Collision Centers of America deal “is another major step forward in our growth strategy.”
“Acquiring Collision Centers of America introduces us to the city of Chicago and Northwest Indiana and assures our customers and business partners we’re prepared to serve them no matter where they are in the country,” Rouse added.
And the company appears poised for additional growth: ABRA said Monday that it “plans to continue expanding in the months and years ahead as part of its aggressive national growth strategy,” and the company is “actively seeking new opportunities to acquire repair centers and integrate them into its industry-leading operating system.”