Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, is pleased to announce a partnership with Certified Collision Group (“CCG” or the “Company”), a provider of business development and vendor management solutions to the collision repair market.
Founded in 2014, CCG supports over 740 collision repair shops by offering resources to level the competitive playing field between independent and national multi-shop operators. The Company leverages its scale to provide its affiliates with vendor rebates as well as access to national and regional auto insurance relationships.
“Teaming with CCG to 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 affiliates, while building a recurring, subscription-like business model. We look forward to partnering with CCG to further invest in growing its service offering and affiliate base.”
As part of the partnership, the Company is promoting Marty Evans from COO to CEO, and Chris Chase to COO. Marty and Chris will lead the executive management team and work closely with the Company’s founders to continue to deliver a high level of service 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 Marty Evans, CEO of CCG. “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.”
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.
Disclaimer:
Incline Management, L.P. (“IMLP”) is registered with the U.S. Securities and Exchange Commission as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended. Registration as an investment adviser does not imply a certain level of skill or training. IMLP provides investment advisory services only to privately offered funds. IMLP does not solicit or make its services available to the public or other advisory clients. This press release is intended solely to provide information regarding Incline’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities. The statements contained herein are not statements of any IMLP client fund or investor and do not describe any experience with or endorsement of IMLP as an investment adviser by any such client or investor.
