Reno, NV, May 17, 2022 – Certified Collision Group® (“CCG” or the “Company”), the OE Certifications and KPI-focused solutions provider to the collision repair and auto insurance communities, is pleased to announce that it has partnered with Incline Equity Partners (“Incline”) to enhance its affiliate value proposition, expand its strategic partnerships, and explore new markets.
Founded in 2014, CCG supports over 740 OE and I-CAR Gold certified collision repair shops by leveling the competitive playing field between independent and national multi-shop operators. The Company leverages its scale through over 55 strategic vendor partnerships and its ability to provide nationwide performance-based service solutions to auto insurers and fleet management companies.
“Teaming with CCG to further empower independent collision repairers is a compelling opportunity,” said Tom Ritchie, Partner at Incline. “The Company has done a phenomenal job of driving cost savings and revenue opportunities to its loyal affiliates and we look forward to working with the CCG team to grow its service offerings, KPI management, and market share.”
CCG is also pleased to announce that Marty Evans has been promoted to CEO and Chris Chase has advanced to COO. Marty and Chris will work closely with the Company’s founders and the Incline team to ensure that CCG consistently meets its commitments to its affiliate, strategic vendor and insurance partners.
“Our pledge to improve the competitive position of independent certified collision repairers through revenue growth and scale-based cost management is the foundation of our business,” said Evans. “With Incline, we can accelerate the growth of our service offerings and value proposition while exploring other segments of the automotive aftermarket. We are excited to partner with Incline to navigate our next growth phase.”
CCG was advised by B. Riley Securities, Inc and Ferruzzo & Ferruzzo LLP. Incline was advised by Dentons Cohen & Grigsby, P.C. Debt financing was led by Twin Brook Capital Partners and Principal Alternative Credit, the direct lending arm of Principal Global Investors, LLC. Terms of the deal were not disclosed.
About Certified Collision Group
Certified Collision Group is an OE and I-CAR Gold certification and KPI focused platform comprised of independent collision repair operators. The platform provides non-intrusive competitive solutions to affiliate members that have advanced repair capabilities and deliver industry leading customer satisfaction and KPI results. CCG’s business development and vendor programs ultimately help affiliates improve revenue and profitability.
About Incline Equity Partners
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm investing in manufacturing, distribution, and business services companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts, and corporate divestitures within the U.S. and Canada. For more information, please visit: https://inclineequity.com