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Thursday, 16 January 2020 18:34

Classic Collision Announces Partnership With New Mountain Capital

Classic Collision, Inc. (“Classic” or the “Company”), an Atlanta-based leading multi-site operator of 34 collision repair facilities in the Southeastern U.S., announced that it has partnered with New York-based New Mountain Capital, a leading growth-oriented investment firm with over $20 billion in assets under management.

"We are excited to partner with Classic as the Company accelerates its growth, builds a national presence and continues to deliver outstanding customer experiences," said Mat Lori, senior advisor at New Mountain Capital. "Led by its world-class team that brings more than 20 years of experience in the space, we see many avenues for growth ahead at Classic, and we look forward to providing additional resources to help the Company realize its full potential."

 

“Through its history of strong execution, Classic has successfully established itself as a leading MSO,” said Robert Mulcare, managing director at New Mountain Capital. “We look forward to working alongside the team to help unlock strategic opportunities to build upon Classic’s current momentum and drive continued growth in this attractive market.”

 

Obtained via Business Wire.

 

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