Crash Champions a US-based independent collision repair service provider, has secured a growth investment from Clearlake Capital Group, and will simultaneously execute a strategic acquisition of Service King Collision.
Crash Champions’ management team and operating partners, alongside Clearlake, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner.
Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, have not been disclosed.
Following the closing of this deal, the combined Company’s total workforce will exceed 9,200 team members.