Automotive Acquisitions in Pennsylvania

Spotless Brands, a portfolio company of Access Holdings, acquired Pete's Express Car Wash, adding six express-only sites in the Greater Philadelphia area that will operate under the Flagship Carwash brand. The transaction was financed via Spotless's expanded $450 million credit facility and supports the company's strategic expansion and densification across Philadelphia, New York and New Jersey.

Driving Force Collision, a TRP Capital‑backed MSO, has acquired the 50,000 sq ft Tom Masano Collision Center in Reading, Pennsylvania from Tom Masano Auto Group. Focus Advisors advised the seller; the deal expands Driving Force's OEM‑certified repair footprint in the Northeast and preserves the facility's manufacturer certifications and staff.

Transtar Holding Company, a NexaMotion Group portfolio company backed by Blue Point Capital Partners, has acquired PPi Automotive, a family-owned automotive parts wholesale distributor based in Pittsburgh, Pennsylvania. The add-on acquisition expands Transtar/NexaMotion's general repair and aftermarket distribution footprint in the Greater Pittsburgh area; terms were not disclosed.

Dealer Alchemist has acquired AutoGo, the maker of the NEXUS automotive website platform, to expand its digital marketing and website capabilities for automotive dealerships. The deal brings AutoGo’s website, analytics and machine‑learning technology into Dealer Alchemist’s suite to deliver an integrated digital advertising and website platform for dealers.

Fremont Private Holdings (the Bechtel family office's private investment arm) and Hunter Truck CEO Jeff Hunter have acquired Hunter Truck from various Hunter family members. The transaction keeps Jeff Hunter as CEO and positions the business for organic growth and add-on acquisitions across its 19-location commercial truck dealership network in Pennsylvania, New York, West Virginia, and New Jersey.

VIVE Collision has completed the acquisition of Vinart Collision Center from the Vinart Family of Automobile Dealerships and will rename the business VIVE Collision of Lehigh Valley. Vinart Dealerships retains its retail dealership operations and entered a long-term partnership with VIVE to provide certified collision repairs and support each other's regional operations. The deal brings over 40 Vinart collision employees into VIVE and marks VIVE's expansion into Pennsylvania.

Key Auto Group has acquired two Pennsylvania Ford dealerships — Barber Ford of Exeter and Barber Ford of Hazleton — from Matt DePrimo and Barber Auto Group. The transactions expand Key Auto Group’s presence in northeastern Pennsylvania as the dealerships continue operating at their existing locations under the Key Ford name.

LUV Car Wash has acquired The Autowash Group, a family-owned operator of eight car wash locations in the greater Philadelphia area, marking LUV’s entry into Eastern Pennsylvania and New Jersey. The acquisition supports LUV’s plan to grow to 20–25 locations in the region over the next 18–24 months as part of its nationwide expansion.

Crash Champions, a national collision repair multishop operator, has acquired Syrena Collision Center Inc., a two-location collision repair operator in Montgomeryville and Philadelphia, Pennsylvania. The transaction, for which FOCUS Investment Banking represented Syrena, expands Crash Champions' presence on the East Coast and increases its footprint in Pennsylvania.

APCO Holdings, owner of the EasyCare, GWC Warranty and MemberCare brands, has acquired Strategic Diversified, a West Chester, Pennsylvania-based provider of finance & insurance (F&I) development services for automotive dealers. The acquisition expands APCO's presence in the Mid-Atlantic, adds a recognized F&I development team, and brings additional digital retailing capabilities and resources to support dealer customers.

Dorman Products, Inc. completed the acquisition of Dayton Parts for approximately $338 million in cash, financing the deal with cash on hand and borrowings under a new revolving credit facility. The acquisition expands Dorman’s aftermarket product offering and manufacturing capabilities in suspension, steering and brake components and is expected to contribute to Dorman’s 2021 sales and earnings guidance.

Express Wash Concepts (EWC) acquired CleanTown USA, a single-location car wash in Allison Park (Greater Pittsburgh), as part of its expansion into the Pittsburgh market. EWC will temporarily close the site for a $2.0 million conversion to its Clean Express Auto Wash format and plans additional nearby openings to grow its regional footprint.

CID Capital portfolio company Extra Mile Brands has acquired the assets of Mustangs Unlimited, a Mustang parts distributor founded in 1976 by Chris Hoverman. Mustangs Unlimited's operations have been relocated to Reedsville, Pennsylvania, and Extra Mile Brands said it will continue the company's product quality and service while integrating the business into its aftermarket parts platform.

Susquehanna Private Capital (SPC) has acquired Brandywine Coach Works, a multi-site OEM-certified collision repair operator headquartered in Chadds Ford, Pennsylvania, and established Quality Collision Group (QCG) as a holding platform for further roll-up activity. Brandywine operates four Pennsylvania locations with approximately 90 employees; SPC intends to expand QCG through add-on acquisitions of OEM-certified repair shops nationwide.

TrueCar, Inc. purchased a 20% minority stake in Accu-Trade, a VIN-specific vehicle appraisal technology provider, to power its TrueCar Trade platform. The investment integrates Accu-Trade’s real-time, mobile-first valuation and guaranteed offer capabilities into TrueCar’s dealer and consumer-facing workflows to expand vehicle trade-in transparency and dealer acquisition efficiency.

AP Emissions Technologies, LLC has acquired Eastern Catalytic (Eastern Manufacturing, Inc.), a Langhorne, Pennsylvania-based manufacturer of catalytic converters and emission components. The acquisition brings together complementary product portfolios and manufacturing capabilities — Eastern operates a 115,000 ft² manufacturing facility and a 102,000 ft² distribution center with about 125 employees — and Angle Advisors served as Eastern's exclusive advisor.