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Wednesday, 18 November 2020 17:13

Focus Advisors Represents Pride Auto Body in Sale to Classic Collision

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FOCUS Advisors is proud to announce the sale of its client, Pride Auto Body, to Classic Collision of Atlanta, GA. 

Pride operates seven shops in Southern California along the I-5 corridor between Van Nuys and Santa Clarita. 

 

Established 37 years ago by co-founders Randy Stabler and Robert Turchan, Pride was one of the original MSOs in the market. It earned a reputation as a premier operation known for strong dealer relationships, high-end certifications and multiple DRPs.

 

Focus Advisors’ Managing Director David Roberts acknowledged the strong interest in the market.

 

“We knew going in that Pride would be very attractive to a large number of strategic and private equity buyers," Roberts said. "In the end, the owners decided that Classic had the best system and process fit with their own, and was well aligned with their dealer strategies. We’re happy we helped them find the right partner to carry on their legacy.”

 

This acquisition marked Classic Collision’s entry into the Southern California market. Classic now operates 54 shops in Florida, Georgia, South Carolina, Alabama and California.

 

In early 2020, the company partnered with New Mountain Capital to recapitalize Classic...


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