M&A Deal Summary

CenterOak Partners Acquires CollisionRight

On November 1, 2020, private equity firm CenterOak Partners acquired automotive company CollisionRight

Acquisition Highlights
  • This is CenterOak Partners’ 2nd transaction in the Automotive sector.
  • This is CenterOak Partners’ 9th transaction in the United States.
  • This is CenterOak Partners’ 1st transaction in Ohio.
Investment Fate
  • CollisionRight was sold to a consortium of financial buyers in 2024.

M&A Deal Summary

Date 2020-11-01
Target CollisionRight
Sector Automotive
Buyer(s) CenterOak Partners
Deal Type Consolidation

Target

CollisionRight

Columbus, Ohio, United States
CollisionRight is a provider of automotive collision repair services through a network of 89 facilities across nine states including Illinois, Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Tennessee, and West Virginia. The company shops repair over 90,000 cars per year and maintains over 100 direct repair programs with insurance carriers. CollisionRight is based in Columbus, Ohio.

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Buyer(S) 1

Buyer

CenterOak Partners

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2014
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

CenterOak Partners is a private equity firm focused on making control-oriented investments in middle-market companies operating in the industrial, consumer, and business services sectors. The Firm will consider opportunities throughout the US and targets companies valued between $50 to $500 million. Prospective transaction situations include buyouts, recapitalizations, consolidations, and non-core divestitures. CenterOak Partners was formed in 2014 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 9 of 12
Sector (Automotive) 2 of 2
Type (Consolidation) 2 of 2
State (Ohio) 1 of 1
Country (United States) 9 of 12
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-11 SurfacePrep

Byron Center, Michigan, United States

SurfacePrep is a distributor of loose abrasives, specialty ceramics, and surface enhancement equipment. The company’s technical sales professionals support manufacturing customers through a network of over 30 distribution branches and more than 10 process development labs and production finishing centers. SurfacePrep is based in Byron Center, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-30 FullSpeed Automotive

Greenwood Village, Colorado, United States

FullSpeed Automotive is an automotive aftermarket services platform offering oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several highly attractive segments of the service market. The Company’s strategic geographic footprint of nearly 600 franchised and company-owned locations provide density in high growth markets. FullSpeed supports two core brand platforms under the Grease Monkey and SpeeDee brands. FullSpeed Automotive was formed in 1978 and is headquartered in Greenwood Village, Colorado.

Sell -