The Boyd Group, based in Canada is seeking to enter the U.S. market after recently announced purchase plans for a Midwest acquisition fell through. CollisionMax, the repair arm of the fleet and insurance claims management firm CEI, operates nine locations in PA and NJ and is looking for acquisitions east of the Mississippi. Two of last year's consolidators sport new identities this year. Sterling Collision Centers, formerly known as CarQuarters, operates 30 stores as of the writing of this article compared to the two they reported last year. Significant growth to say the least.
Sterling operates stores in six states.
CTA made heads turn this summer with the announcement that Ford's Customer Service Division had invested in the company. The first move by an OE, the investment has enabled Collision Team to expand dramatically. At this time last year the company had just five locations in the Indianapolis market, causing some to question why they were included last year. Well, our intuition appears to have been borne out once again. CTA plans to have 58 stores in operation by this time next year.