KSI Trading Corp. recently announced that it has signed a definitive agreement to acquire Richmond Tidewater Bumper.
Nov.13, 2018—KSI Trading Corp. (KSI), an industry-leading distributor of quality replacement auto body parts servicing over 20,000 repair shop customers across 25 locations in 14 states, announced last week that it has signed a definitive agreement to acquire Richmond Tidewater Bumper.
Based in Mechanicsville, Va., Richmond Tidewater Bumper was founded in 1980 by Norman Seay through servicing body shops with high-quality parts and superior customer service. KSI’s business will be enhanced by RTB’s 200,000 square foot distribution facility, which provides access to markets in coastal Virginia as well as in North Carolina. Additionally, the acquisition of RTB will provide KSI with an increased presence with multi-shop operators (MSOs) and insurance companies.
Earlier this year, KSI was acquired by Investcorp, a global provider and manager of alternative investment products with a history of investing in automotive and related markets.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
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...
