Bestbuy Distributors Ltd. recently announced the acquisition of three new shareholders, effective May 1, 2021. Proudly owned by the Awad family, Just Brake has been a part of the automotive aftermarket for more than 35 years, serving their loyal customer…
Argyle Capital Partners has acquired The Mufflerman Inc. from the Brouwer family. The transaction closed on Mar. 1, 2021. The Mufflerman was started in 1964 by John Brouwer Sr. as Sarnia’s “First Exclusive Muffler Shop”. In 1996, the business was taken over by John’s…
Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, has acquired Pièces d’auto J.P. Côté, an established family-run business with two parts store locations on the south shore of Montreal. Pièces d’auto J.P. Côté, owned and operated by Bernard Roy since…
The Aftermarket Auto Parts Alliance, Inc., headquarters for Auto Value, has added Tekmetric as an approved shop management system (SMS). Auto Value’s leading business-to-business ecommerce platform, MyPlace4Parts, is now integrated with Tekmetric. Tekmetric offers a full-suite of shop management solutions,…
Two of the automotive industry’s retail software suppliers, Autofutura and GForces, have merged to form a new group. With the rapid acceleration of the digitization of the automotive sales process, the companies have come together to maximize sales efficiency and…
AutoCanada Inc., a multi-location North American automobile dealership group, announced that it has completed the acquisition of PG Klassic Autobody in Prince George, British Columbia. PG Klassic Autobody has served the Prince George community for nearly 50 years and has…
APEX Auto has joined Bestbuy as a full member shareholder. Mike Kadykalo, the founding owner of APEX Auto, is a lifelong Durham resident who has been a fixture in the local automotive industry for more than 50 years. It is…
eMentorConnect has partnered with Women in Automotive Network. The company’s mentoring software will power Woman in Automotive’s goal to promote women leaders within the auto industry. “Women in Automotive is an exceptional organization to bring under the eMentorConnect umbrella as…
Snap-on Incorporated has acquired Dealer-FX Group, Inc., based in Markham, Ontario, for approximately $200 million in cash. Dealer-FX is a developer, marketer, and provider of service operations software solutions for automotive original equipment manufacturer customers and their dealers. Dealer-FX specializes…
Dana Incorporated has acquired Pi Innovo LLC, a provider of embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest. Headquartered near Detroit, Michigan, the acquisition of…
The Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total enterprise value of approximately $2.5 billion. The transaction will expand…
Mitchell and General Motors have teamed up to introduce the GM Canada Collision Repair Network. Through the Network, participants can access business and technology resources designed to streamline the repair process, increase consumer confidence and support the safe return of…