Incline Equity Partners Announces Sale of Certified Collision Group
Incline Equity Partners is thrilled to share the successful sale of Certified Collision Group (CCG), a dynamic subscription-based membership network that empowers independent collision repair shops. This significant transaction highlights Incline’s deep commitment to enhancing the growth potential of middle-market companies.
CCG's Growth Journey with Incline
Since aligning with Incline in 2022, CCG has rapidly expanded its affiliate network across all 50 states and Canada. This robust network provides independent repair shops with crucial access to comprehensive insurance programs, OEM certification support, performance management tools, and a rich array of vendor rebate programs.
Revenue Growth Through Strategic Moves
Tom Ritchie, Partner at Incline, noted the impressive growth during their partnership. "We witnessed CCG's revenue more than double through organic growth initiatives and two carefully executed acquisitions during our hold period. We focused on collaborating with leadership to strengthen the team and enhance technology capabilities, setting a solid foundation for future expansion," he stated.
Enhancing Capabilities and Network
Michelle Sullivan, the CEO of CCG, echoed Ritchie's sentiments. "Thanks to Incline's invaluable support along with the resources offered by their Catalyst Group, we were able to create a proprietary data tool. This technology improves purchasing visibility and creates growth opportunities for our affiliates and vendor partners, ensuring we can better serve the market’s needs," she shared.
About Incline Equity Partners
Incline Equity Partners is recognized as a premier private equity firm that focuses its investment expertise across the middle market, particularly in sectors like services, value-added distribution, and specialized light manufacturing. The firm actively seeks to engage with companies that have enterprise values ranging from $25 million to $750 million. Their strategic interests include ownership transitions, buyouts, and corporate divestitures throughout North America.
Looking Ahead
With the sale of Certified Collision Group, Incline is poised to continue its trend of supporting progressive companies that make a significant impact in their industries. The partnership between Incline and CCG stands as a testament to the effectiveness of strategic investment and collaborative growth.
Frequently Asked Questions
What is Certified Collision Group?
Certified Collision Group is a subscription-based membership network that caters to independent collision repair shops, providing essential resources and support.
How did Incline Equity Partners assist CCG?
Incline provided strategic support, enhancing technology, strengthening the leadership team, and facilitating growth through acquisitions, significantly increasing revenue.
Where does CCG operate?
CCG operates across all 50 states in the U.S. and in Canada, providing a broad outreach for independent repair shops.
What are Incline's investment focus areas?
Incline primarily invests in middle-market companies in the services, value-added distribution, and specialized light manufacturing sectors.
What does this sale mean for the future of CCG?
The sale positions CCG for further growth and expansion, as it continues to leverage the capabilities developed during its partnership with Incline.
