ABRA Auto Body & Glass Franchise News

May 01, 2012 // Franchising.com // MINNEAPOLIS, MN – ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader announced today the acquisition of Bradshaw Collision Repair Centers in the Nashville, Tennessee area.
The deal firmly secures ABRA’s foothold in the Tennessee market and increases the total number of ABRA repair centers nationwide to 122 in 12 states.
President and Chief Executive Officer Duane Rouse said, “Bradshaw Collision has a rich history of auto body repair in the Nashville area. We are extremely pleased to have the opportunity to continue on the path forged by such a well respected and successful entrepreneur.”
Bradshaw Collision’s reputation for excellence, quality and professionalism has been recognized in the Tennessee area since 1967...

February 27, 2012 // Franchising.com // MINNEAPOLIS, MN  – ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader continues its national expansion with the announcement of their newest franchise location in Clarksville, Tennessee, just north of Nashville.
Final preparations are underway for the opening of ABRA’s 39th state-of-the-art franchise located at 855 Kraft Street in Clarksville. It will be one of the largest collision repair centers in the area with more than 21,000 square feet of repair technology and shop operations. The official opening is scheduled for April 2.
ABRA Auto Body & Glass is recognized throughout the collision industry for its exceptionally low cycle times – in which cars are repaired on average four days faster than competitors...

February 15, 2012 // Franchising.com // MINNEAPOLIS, MN – ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader, announced the appointment of Louis C. Berezovsky as Executive Vice President and Chief Financial Officer reporting directly to Duane A. Rouse, Chief Executive Officer.
“Louis’ experience in high-growth companies and his leadership style will be an excellent fit with our growth plans and the ABRA culture,” said Rouse. “His extensive background in finance and acquisitions aligns well with our national expansion plans and our mission to becoming the leading auto body and glass company in America.”
Berezovsky’s experience includes over 20 years in finance and accounting along with 14 years of working in private equity environments and the completion of more than 50 acquisitions...

ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader, announced the opening of a new franchise repair center in Fort Dodge, Iowa.
Minneapolis, MN, December 22, 2011 --(PR.com)-- ABRA Auto Body & Glass Expands Franchise Operations into Fort Dodge, Iowa.
ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader, announced the opening of a new franchise repair center in Fort Dodge, Iowa.
The new facility is located at 2723 Fifth Avenue South and increases the total number of ABRA repair centers to 112 in 12 states.
Mark Wahlin, ABRA’s Vice President of Franchise Development said, “All of us are proud to have Fort Dodge join our franchise group...

NEW YORK, Nov. 7, 2011 /PRNewswire/ -- Palladium Equity Partners, LLC (together with its affiliates, "Palladium"), a private investment firm, announced today that it has partnered with management to recapitalize ABRA Auto Body & Glass ("ABRA" or the "Company"), a leading national provider of vehicle damage repair services. Terms of the transaction were not disclosed.
Founded in 1984, ABRA is a recognized leader in collision repair, paintless dent removal, and auto glass repair and replacement with 75 company-owned vehicle damage repair centers and 38 franchised centers in 12 states. ABRA distinguishes itself by providing a solution that seeks to enable its insurance company partners to substantially improve customer satisfaction and drive policyholder retention, while simultaneously reducing repair costs and realizing substantial efficiencies in the claims management process...

NEW YORK, Nov. 7, 2011 /PRNewswire/ -- Golub Capital announced today that it provided a $27.9 million senior subordinated debt facility and an equity co-investment to support the recapitalization of ABRA Auto Body & Glass ("ABRA" or the "Company") by Palladium Equity Partners, LLC ("Palladium").
Founded in 1984, ABRA is a leading provider of vehicle damage repair services in the U.S. ABRA owns 75 repair centers and actively supervises 38 franchised centers in 12 states. The ABRA solution enables its insurance company partners to improve customer satisfaction and drive policyholder retention, while realizing substantial efficiencies in the claims management process and reducing repair costs.
"ABRA is a leader in the collision repair industry due to the strong value proposition it offers to its national insurance company customers...

MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a Minnesota-based damaged vehicle repair company and industry leader, announced today the opening of a new glass division repair center in the Phoenix suburb of Peoria, Arizona.
"Through acquisition or by converting existing vacant properties into collision repair centers we're confident our collision and glass service will impress both the vehicle owner and our business partners."
The facility is located at 16784 North 88th Drive and increases the total number of ABRA repair centers to 109 in 12 states.
Jim Richardson, ABRA's Vice President of ABRA Auto Glass stated, "We're excited to move into the Phoenix market. ABRA is expanding to meet the growing needs of vehicle owners and our insurance partners in the community...

MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a national damaged vehicle repair company, announced today the awarding of a franchise to The Community Automotive Group, LLC which is spearheaded by James Muzik. The repair center, located at 1416 Experiment Street in Griffin, GA, increases the number of repair centers in Georgia to seventeen.

When asked why he pursued an ABRA franchise, Muzik responded, "ABRA's operational processes, on-going consultation, and marketing support combine to make their company far superior to any other operations that we've seen. Because of their standard operating procedures, they consistently deliver Key Performance Indicators (KPIs) that out-perform the industry. ABRA also has developed strong relationships with the insurance industry at the national and regional levels, which will help us build relationships at the local level...

MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the opening of its ninety-eighth repair center. Located in Muscatine, Iowa, this is the second ABRA franchise awarded to brothers Tim and Jeff Weber.

Mark Wahlin, Vice President of Franchising, commented on ABRA's decision to award another franchise to the Webers: "We are very happy with the success of their franchise in Dubuque, Iowa. Their success can be attributed to their team's in-depth knowledge of the damaged vehicle repair industry, and their emphasis on integrity. Their professional staff and leadership fit perfectly with our corporate philosophy, and we feel confident that the Muscatine location will perform up to the high standards expected of all ABRA centers...

MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the opening of their newest franchise in Watertown, SD. This repair center, formerly known as Sharp Collision Center, is the twenty-third franchise operating under the ABRA brand.

Doug Sharp, owner of Sharp Automotive, will continue as the owner/operator of ABRA-Watertown. "We have had a great team in place for quite some time," stated Sharp, "but we were lacking in some important areas. Among many other things, ABRA brings us a sophisticated management system, and on-going training for our team. We're all very proud to be a part of Team ABRA. "

ABRA-Watertown is located on West Hwy 212, and employs ten production and office staff members...