CollisionRight LLC, a leading regional multi-shop collision repair operator, has announced the acquisition of its 100th shop, reaching this milestone within just four years of its founding. This achievement highlights the successful implementation of the company's initial market-entry campaign and sets the stage for an ambitious growth strategy aiming to triple its footprint over the next five years.
CollisionRight achieved this milestone through the acquisition of Tripp’s Collision in Michigan, a three-shop operation. As with previous acquisitions, Tripp’s will continue to operate under its well-established local brand while benefiting from the support and efficiency of a larger organization. CollisionRight’s strategy involves maintaining the local identity of acquired shops while integrating them into a unified system that includes management, technology, back-office support, and partnerships with insurance carriers and vendors.
Rich Harrison, CEO of CollisionRight, remarked, "Acquiring our 100th store in just a few years is a testament to the hard work and dedication of our remarkable team. It underscores the value that embracing the history of established and trusted collision repair brands can bring." Harrison emphasized the company's mission to provide exceptional customer service and create a supportive work environment, indicating that the team will continue its rapid growth trajectory in the coming years.
With the 100-shop milestone achieved, CollisionRight plans to expand its presence within the 10 states it currently serves, which include Illinois, Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Tennessee, West Virginia, and Wisconsin. Additionally, the company intends to enter new markets. This expansion will be driven by strategic acquisitions of local market leaders like Tripp’s, as well as organic growth through strengthened relationships with insurance carriers, supply chain optimization, and enhanced calibration services.
CollisionRight's growth is not just about increasing the number of locations but also about tripling its revenue within the next five years. This ambitious goal reflects the company’s confidence in its business model and its ability to integrate local brands into a cohesive, efficient organization.
CollisionRight is headquartered in Columbus, Ohio, and provides state-of-the-art collision repair services at 100 corporate-owned locations across 10 states. Their team of more than 1,500 professionals repairs over 90,000 vehicles annually, emphasizing customer satisfaction and convenience. For more information about CollisionRight, visit www.CollisionRight.com.
