'We are thrilled to partner with Steve Grimshaw, president and CEO of Caliber, and his management team for the company’s next phase of growth,' said Tim Patterson, senior managing director at OPE. The company has approximately 3,700 employees and repairs more than 285,000 vehicles annually. Morbi eget turpis ut diam commodo congue id eu lacus.TORONTO, Ontario and LEWISVILLE, Texas OMERS Private Equity (OPE), along with existing management, has acquired Caliber Collision Centers from private equity firm ONCAP, Onex Corp.’s mid-market private equity platform.īased in Dallas, Texas, Caliber is one of the largest independent providers of automotive collision repair services in the U.S., with a network of 157 collision centers located in California, Texas, Arizona, Nevada, Oklahoma and Colorado. Morbi eget turpis ut diam commodo congue id eu lacus.Ĭras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Curabitur eget nulla vitae mi faucibus imperdiet. Ut vitae vulputate est, vel lacinia nisi.

Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Aliquam scelerisque facilisis nisl ac varius. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Balance Sheet | New Activity | M&A In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs. The acquisition could suggest an emerging trend of the acquisition of dealer-owned body shops moving forward. One of the most notable acquisitions includes the purchase of 17 body shops previously owned by Florida-based car dealer, AutoNation. Strong acquisition activity expands Caliber locations to 1,400 collision centersĬaliber Collision (Caliber) continued its robust expansion strategy into 20, adding more than 275 centers to exceed nearly 1,400 locations across 40 states through a series of strategic acquisitions and new construction.

Calibre collision centers