Caliber Collision and Abra Auto Body Repair of America merger transaction closes
Lewisville, Texas and Brooklyn Park, Minn.—Caliber Collision Centers and Abra Auto Body Repair of America have announced the closing of their merger that unites the companies’ teams, brands and operations.
The combination joins the two companies in the $47-billion-a-year collision repair industry. Going forward, the company will be investing more in enhanced technologies, specialized resources and processes.
“Caliber and Abra have very similar leadership philosophies and cultures,” said Steve Grimshaw, Caliber’s CEO, who now serves as CEO of the new company. “We plan on maintaining all existing centers from both companies as we embark on our journey to create one company with one operating model and one culture. We plan on further strengthening our culture that strongly supports our teammates’ careers behind industry-leading development programs. And we remain committed to serving our valued insurance clients through the companies’ partnership programs, while enhancing their customers’ overall experience and complete satisfaction. That ability to stay ahead of what’s next will be vital in an industry that becomes more complex every year.”
The company, now operating under the Caliber brand name, will provide customers and clients with the first national lifetime warranty and dedicated non-drive facilities, express repair centers and aluminum-certified and high-line centers. The combined company will also offer glass repair, diagnostic scanning and calibration services and the broadest network of OEM-certified locations in the U.S.