Curated News
By: NewsRamp Editorial Staff
September 11, 2024
CollisionRight Reaches 100 Collision Repair Shops Milestone
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- CollisionRight LLC rapidly reaches 100-shop milestone, setting the stage for threefold growth strategy over five years.
- CollisionRight has acquired 100 shops, each to continue operating under its local brand while benefiting from a unified organization.
- CollisionRight's rapid growth aims to provide exceptional customer service and create the best possible place to work for its team.
- CollisionRight provides state-of-the-art collision repair services at 100 locations across 10 states, serving more than 90,000 vehicles per year.
Impact - Why it Matters
This news matters as it showcases the rapid growth and aggressive expansion strategy of CollisionRight LLC, which aims to triple its revenue within the next five years. The company's dedication to exceptional customer service and creating a positive work environment impacts both customers and employees, while the planned expansion will extend the reach of state-of-the-art collision repair services to new markets.
Summary
CollisionRight LLC, a leading regional multi-shop collision repair operator, has announced the acquisition of its 100th shop, Tripp’s Collision in Michigan. This milestone was achieved within four years of the company’s founding, marking the rapid implementation of its initial market-entry campaign and setting the stage for aggressive future growth. With the goal of tripling its revenue within the next five years, CollisionRight plans to expand its presence within the 10 states it currently serves and enter new markets through strategic acquisitions and organic growth.
The company's CEO, Rich Harrison, emphasized the value of embracing the history of established collision repair brands and highlighted the dedication of the team in achieving this milestone. All of CollisionRight’s locations are corporate-owned and operate under a common system of management, technology, and back-office support. The company's focus is on providing exceptional customer service and creating the best possible place to work for its employees.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, CollisionRight Reaches 100 Collision Repair Shops Milestone
