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Activities between Nov. 15, 2024, 7:20 p.m. and Nov. 22, 2024, 7:20 p.m.
from: Automotive Collision Repair.
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Document Date: Nov. 19, 2024, 11:45 a.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Joint Venture
/ Region: United States
Vendor:
- Valvoline Inc.
/ Industry: Automobile Spare Parts, Automotive And Technology and 2 more
Buyer:
Document Extract: Valvoline Inc. to Refranchise 38 Company Stores; Welcomes New Franchise Partner Velocity Auto Care.
Document Source: https://www.prnewswire.com/news-releases/valvoline-inc-to-refranchise-38-company-stores-welcomes-new-franchise-partner-velocity-auto-care-302309681.html
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Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Investment
Investor:
Target:
- Revv
/ Industry: Automotive Collision Repair
Document Extract: Revv Secures $ 20M to Transform Auto Repair with AI Technology.
Document Source: https://www.prnewswire.com/news-releases/revv-secures-20m-to-transform-auto-repair-with-ai-technology-302307473.html
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Document Date: Nov. 19, 2024, 3 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: Idaho
Buyer:
Target:
Document Extract: Spotless Brands expands into Idaho and Oregon with Acquisitions of Bluebird Express Car Wash and Epic Shine Car Wash.
Document Source: https://www.prnewswire.com/news-releases/spotless-brands-expands-into-idaho-and-oregon-with-acquisitions-of-bluebird-express-car-wash-and-epic-shine-car-wash-302309170.html
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Document Date: Nov. 18, 2024, 2 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Protech Automotive Solutions
/ Industry: Automotive And Technology
- Mitchell
/ Industry: Automotive And Technology, Claims Management and 1 more
- Opus IVS
/ Industry: Automotive And Technology, Automotive Collision Repair
- Opus IVS
/ Industry: Automotive And Technology, Automotive Collision Repair and 1 more
- Mitchell
/ Industry: Automotive And Technology, Claims Management and 1 more
Document Extract: This partnership will allow repairers to access a comprehensive, AI-generated report of manufacturer-recommended calibrations in Mitchell Connect based on information specific to each automobile, estimate, diagnostic trouble code and OEM guideline. In its collaboration with Opus IVS, Protech will be licensed by the Opus IVS ADAS MAP (Advanced Driver Assistance Systems Mapping) platform, bringing the combined force of both companies' ADAS technology innovations to the industry. " We at Protech Automotive Solutions are thrilled to partner with both Mitchell and Opus IVS ," said Grant LaBarbera, GM and senior vice president of Protech. " Our respective collaborations bring together the most innovative technologies that are changing the face of our industry and the way that repairers approach ADAS-identification solutions. The result will be greater accuracy, quality and consistency across the industry ."
Document Source: https://www.businesswire.com/news/home/20241118722791/en/Protech-Automotive-Solutions-Announces-Strategic-Partnerships-that-Expand-Calibration-Detection-Capabilities
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Document Date: Nov. 18, 2024, 2 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Opus IVS
/ Industry: Automotive And Technology, Automotive Collision Repair
- Opus IVS
/ Industry: Automotive And Technology, Automotive Collision Repair and 1 more
- Mitchell
/ Industry: Automotive And Technology, Claims Management and 1 more
- Mitchell
/ Industry: Automotive And Technology, Claims Management and 1 more
Document Extract: This ensures our customers receive a more accurate list of recommended ADAS calibrations ," said Don Mikrut, vice president of Protech. " Through our strategic partnerships with Mitchell and Opus IVS, we 're leveraging AI-powered diagnostic pre-scans to reach more repairers and transform the traditionally time-consuming, manual process of identifying OEM-recommended calibrations into a quick, data-backed scan. Our technology goes beyond simple VIN - based identification, ensuring that collision repairs are performed with unmatched accuracy and safety ." Protech is the first technology provider of its kind to integrate with the Mitchell Diagnostics as a Service (DaaS) platform and new Predictive ADAS functionality. This partnership will allow repairers to access a comprehensive, AI-generated report of manufacturer-recommended calibrations in Mitchell Connect based on information specific to each automobile, estimate, diagnostic trouble code and OEM guideline.
Document Source: https://www.businesswire.com/news/home/20241118722791/en/Protech-Automotive-Solutions-Announces-Strategic-Partnerships-that-Expand-Calibration-Detection-Capabilities
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Document Date: Nov. 18, 2024, noon / Source: GlobeNewswire
Activity Class: PartnershipActivity
/ Region: United Kingdom of Great Britain and Northern Ireland
Partnership:
- Canoo
/ Industry: Automotive And Technology, Martech And Data Industry and 2 more
- Northside Truck & Van Ltd.
/ Industry: Automotive Collision Repair
- Canoo
/ Industry: Automotive And Technology, Martech And Data Industry and 2 more
Document Extract: With the growing demand for sustainable commercial transportation solutions, Canoo is at the forefront of providing innovative electric van options customized for customers. By partnering with Northside Truck & Van, Canoo will leverage Northside's Fleet Management solutions, including full maintenance and services of its vehicles, and tapping into Northside's extensive expertise in EV service and repair to offer a seamless maintenance experience for Canoo commercial fleet and government customers in the UK. Northside will also source parts inventory directly from Canoo for customer usage leveraging the company's 72 physical locations across England, Scotland and Wales. " We are thrilled to announce our official partnership with Northside Truck & Van ," said Tony Aquila, Investor, Executive Chairman, and CEO of Canoo. " Choosing the right SMR partners is essential to ensuring the most critical part of the AutoNetworks experience: providing fast, qualified, and professional service when it's needed most.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982592/0/en/Canoo-Partners-with-Northside-Truck-Van-to-Deliver-its-Initial-Parts-Network-and-Reliable-Service-Maintenance-and-Repair-Services-to-Customers-in-the-United-Kingdom.html
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Document Date: Nov. 16, 2024, 3 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: United States
Vendor:
Buyer:
Participant:
Target:
Document Extract: Generational Group Advises Car-O-Liner Southwest in its sale to Hanging Rock.
Document Source: https://www.businesswire.com/news/home/20241116698720/en/Generational-Group-Advises-Car-O-Liner-Southwest-in-its-sale-to-Hanging-Rock
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Document Date: Nov. 21, 2024, 10:38 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
Document Extract: With this goal in mind, CUPRA is in early stage talks with Penske Automotive Group. " CUPRA's ambition is to be a truly global brand and expanding into the United States represents one of the greatest milestones on our journey ," said Wayne Griffiths, CEO of CUPRA. " We have great respect for the U.S. market, recognizing that a strong distribution and retail strategy is essential for success. By entering into preliminary discussions with Penske Automotive Group, we are exploring opportunities with the best possible partner, one with the right distribution network to introduce CUPRA to a new generation of American car lovers. Penske Automotive Group's leadership in the industry and experience with the Volkswagen Group make this a very promising potential partnership" continued Wayne Griffiths.
Document Source: https://www.businesswire.com/news/home/20241120532152/en/CUPRA-in-preliminary-talks-with-Penske-Automotive-Group-ahead-of-entering-the-US-market-by-2030
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Document Date: Nov. 21, 2024, 10:38 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
Document Extract: With this goal in mind, CUPRA is in early stage talks with Penske Automotive Group. " CUPRA's ambition is to be a truly global brand and expanding into the United States represents one of the greatest milestones on our journey ," said Wayne Griffiths, CEO of CUPRA. " We have great respect for the U.S. market, recognizing that a strong distribution and retail strategy is essential for success. By entering into preliminary discussions with Penske Automotive Group, we are exploring opportunities with the best possible partner, one with the right distribution network to introduce CUPRA to a new generation of American car lovers. Penske Automotive Group's leadership in the industry and experience with the Volkswagen Group make this a very promising potential partnership" continued Wayne Griffiths.
Document Source: https://www.businesswire.com/news/home/20241120532152/en/CUPRA-in-preliminary-talks-with-Penske-Automotive-Group-ahead-of-entering-the-US-market-by-2030
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Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- IAA
/ Industry: Auto Dealership Insurance, Automakers And Technology Firms and 6 more
- IAA
/ Industry: Auto Dealership Insurance, Automakers And Technology Firms and 6 more
- Atlantic Express Corporation
Document Extract: This strategic alliance reaffirms IAA's commitment to expanding its global buyer base by providing local services and assistance in new markets. " We are excited to expand our international customer base with IAA's new Market Alliance in the Middle East ," said Scott Guenther, Senior Vice President, North America Operations at IAA. " North America Trading has an excellent reputation and team located in Oman who will help IAA connect with a base of new buyers. Through market alliances, IAA continues to seek new opportunities to drive international growth and demonstrate strong price performance ." " We look forward to helping IAA streamline the process of buying and importing vehicles for customers in Oman ," said Kastytis Latvys, President and Owner of Atlantic Express Corporation, parent company of North America Trading L.L.C. ``
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman
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Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- IAA
/ Industry: Auto Dealership Insurance, Automakers And Technology Firms and 6 more
- IAA
/ Industry: Auto Dealership Insurance, Automakers And Technology Firms and 6 more
Document Extract: in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA's commitment to expanding its global buyer base by providing local services and assistance in new markets. " We are excited to expand our international customer base with IAA's new Market Alliance in the Middle East ," said Scott Guenther, Senior Vice President, North America Operations at IAA. " North America Trading has an excellent reputation and team located in Oman who will help IAA connect with a base of new buyers.
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman
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Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
Document Extract: Through market alliances, IAA continues to seek new opportunities to drive international growth and demonstrate strong price performance ." " We look forward to helping IAA streamline the process of buying and importing vehicles for customers in Oman ," said Kastytis Latvys, President and Owner of Atlantic Express Corporation, parent company of North America Trading L.L.C. " In collaboration with IAA's technology, our team will support local customers in purchasing vehicles tailored to their unique needs and preferences ." About RB Global. RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide.
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman
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Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
/ Region: Sultanate of Oman
Partnership:
Document Extract: RB Global, Inc. (NYSE: RBA) (TSX: RBA) , a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has launched a new Market Alliance with North America Trading L.L.C. in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA's commitment to expanding its global buyer base by providing local services and assistance in new markets. " We are excited to expand our international customer base with IAA's new Market Alliance in the Middle East ," said Scott Guenther, Senior Vice President, North America Operations at IAA. ``
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman
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Document Date: Nov. 19, 2024, 3:30 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: Texas
Buyer:
Document Extract: FEP to Acquire 38 Valvoline Company - Owned Stores in Austin, San Antonio, El Paso and West Texas Markets.
Document Source: https://www.prnewswire.com/news-releases/franchise-equity-partners-forms-strategic-partnership-with-valvoline-to-accelerate-growth-in-texas-302310195.html
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Document Date: Nov. 19, 2024, 3:30 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: Texas
Buyer:
Protagonist:
Document Extract: NEW YORK, Nov. 19, 2024 /PRNewswire/ - Franchise Equity Partners (FEP) , a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced a strategic partnership with Valvoline Inc., the trusted leader in preventive automotive maintenance.
Document Source: https://www.prnewswire.com/news-releases/franchise-equity-partners-forms-strategic-partnership-with-valvoline-to-accelerate-growth-in-texas-302310195.html
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Document Date: Nov. 21, 2024, 2:49 p.m. / Source: PR Newswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: United States
Role:
Person:
Organization:
Document Extract: DALLAS, Nov. 21, 2024 /PRNewswire/ - Mammoth Holdings LLC, America's premier express car wash platform, announced the appointment of Terry Emerson as President and Chief Operating Officer.
Document Source: https://www.prnewswire.com/news-releases/terry-emerson-appointed-president-and-chief-operating-officer-of-mammoth-holdings-302313144.html
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Document Date: Nov. 21, 2024, 6 p.m. / Source: PR Newswire
Activity Class: RoleActivity
/ Type: Finishing
Role:
Person:
Organization:
- Cox Automotive
/ Industry: Aftermarket Technology, Automakers And Technology Firms and 8 more
- Cox Automotive
/ Industry: Aftermarket Technology, Auto Finance And Refinancing and 9 more
Document Extract: Cox Automotive Announces the Departure of Dale Pollak, Founder of vAuto, at the End of 2025.
Document Source: https://www.prnewswire.com/news-releases/cox-automotive-announces-the-departure-of-dale-pollak-founder-of-vauto-at-the-end-of-2025-302313392.html
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Document Date: Nov. 21, 2024, 6 p.m. / Source: PR Newswire
Activity Class: RoleActivity
/ Type: Finishing
/ Region: Atlanta
Role:
Person:
Organization:
- Cox Automotive
/ Industry: Aftermarket Technology, Automakers And Technology Firms and 8 more
- Cox Automotive
/ Industry: Aftermarket Technology, Auto Finance And Refinancing and 9 more
Document Extract: ATLANTA, Nov. 21, 2024 /PRNewswire/ - Cox Automotive announced today that Dale Pollak, executive vice president and the founder of vAuto, will leave the company at the end of 2025.
Document Source: https://www.prnewswire.com/news-releases/cox-automotive-announces-the-departure-of-dale-pollak-founder-of-vauto-at-the-end-of-2025-302313392.html
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