September 14, 2017 // Franchising.com // NEWARD, DE - 39 North Capital, LLC (“39N”), through its affiliate 39N Maaco Holdings, LLC (“39N Maaco”), has acquired the Maaco location in Newark, DE. With this transaction, 39N Maaco now owns eight Maaco paint and collision centers across the Northeast.
Maaco Newark will offer specials throughout the year on auto body repair and paint needs. Maaco Newark fixes routine dents and dings, provides superb painting services and makes structural repairs through its expertly-trained team of technicians. All structural repairs are backed by a lifetime warranty, and painting packages come with varying price points and warranties.
Maaco Newark is located in the Delaware Industrial Park at 729 Dawson Drive, Newark, DE, 19713. The store hours are Monday through Friday from 8 a.m. to 5 p.m. and Saturday 9 a.m. to Noon. Please visit the shop’s website at www.maaco-newark-de.com for more information.
39N in an innovative direct investment platform backed by the Eastbridge Group, a Manhattan-based family office with $1.0 billion of assets under management. 39N takes an entrepreneurial approach to investing, presenting business owners and management partners with the best of both worlds: an institutional-quality team with a mindset of permanent ownership.
39N created 39N Maaco in 2016 to pursue a growth strategy in the automotive industry. 39N Maaco is the largest Maaco franchisee in the Northeast, and has attracted a best-in-class management team to oversee its operations. The company continues to invest significant capital to grow its footprint through remodels and new center development, and is seeking to open additional Maaco locations in Delaware, Pennsylvania, New Jersey, New York, Connecticut, Rhode Island, Massachusetts, Vermont, New Hampshire and Maine.
Maaco Auto Painting & Collision Repair – a part of the Driven Brands, Inc. family of automotive aftermarket franchise brands based in Charlotte, NC – is America’s #1 Bodyshop. Maaco provides automotive paint and cosmetic repair services for nearly 500,000 drivers annually. With more than 500 independently owned and operated franchises across the United States and Canada, Maaco has restored the safety and appearance of more than 20 million vehicles over 45 years. Maaco has been named a top automotive franchise numerous times by Entrepreneur Magazine in its Annual Franchise 500 ranking. In addition to other honors, Maaco has been included on Franchise Times’ list of Top 200 franchises. For more information about Maaco, visit www.Maaco.com. For more information about franchising opportunities, visit www.MaacoFranchise.com.