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“I chose to partner again with CenterOak on CollisionRight because of the team’s strong operational backgrounds that led to our previous success at TruRoad.” –Rich Harrison, CEO of CollisionRight

CollisionRight

Headquarters

Columbus, OH

Sector

Business Services

Website

www.CollisionRight.com

Transaction Type

Family Owned, Closely Held

Status

Realized

Description

A leading provider of auto body repair services across the Central and Northeast United States. The Company provides auto body repair, scanning, calibration, and paint services through a network of more than 85 facilities across nine states. CollisionRight shops repair over 90,000 cars per year and maintain over 100 direct repair programs with insurance carriers. The Company maintains strong relationships with insurance carriers, who generate approximately 90% of the Company’s sales. CollisionRight differentiates itself through a passion for quality repair work, backed by heavy investment in state-of-the-art equipment, facilities, technician training and auto manufacturer certifications.

Value Creation Opportunity

Developed a deep executive team with 100+ years of collision industry and integration experience
Invested in OEM certifications and technician apprenticeship and training programs
Realized benefits of scale and volume growth through significant investment in IT systems, corporate procurement programs and direct repair program relationships with insurance carriers
Completed add-on acquisitions to drive shop count growth from 19 facilities in three states at entry to more than 85 facilities across nine states at exit