ABRA Up For Sale

June 26, 2014

June 26, 2014—ABRA Auto Body & Glass is up for auction, the Wall Street Journal (WSJ) reported Tuesday.

Minnesota-based ABRA runs over 200 shops in 17 states, and in recent months has said it has “an aggressive growth strategy.” In April, ABRA acquired Collision Centers of America, which has 24 locations in the Chicago area and Indiana.

However, Palladium Equity Partners, a private equity firm that has owned ABRA since 2011, has hired an investment bank to sell the auto body company, the WSJ reported.

The sale could bring in $500 million or more, and other private-equity firms are among those interested in buying ABRA, according to the WSJ.

Sponsored Recommendations

Enhance your collision repair workflow with Autel’s IA900, a process-driven solution integrating precision alignment, bi-directional diagnostics, and ADAS calibration. Designed...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...
Originally published by Modern Tire Dealer on Sep 4, 2024 | Written by Mike MangesTire dealers who aren't offering advanced driver assistance system (ADAS)
In this edition of Ask the Expert, Autel’s Stewart Peregrine and Eric Sponhaltz share valuable insights to help shops prepare for ADAS service, ensuring compliance, profitability...