Incline Equity Partners Completes Sale of Certified Collision Group

Incline Equity Partners Completes Sale of Certified Collision Group



Incline Equity Partners, a prominent player in private equity investments, has recently declared the successful sale of Certified Collision Group (CCG). They have emphasized their dedication to enhancing the middle market through strategic investments.

Founded as a subscription-based membership network aimed at independent collision repair shops, CCG has achieved impressive growth since entering into a partnership with Incline in 2022. Over this period, the organization has broadened its affiliate network, now encompassing all 50 states and extending to Canada. This expansion has enabled CCG to offer a variety of resources such as insurance programs, OEM certification support, performance management, and vendor rebate schemes that benefit its independent members.

Tom Ritchie, a partner at Incline, expressed confidence in CCG's exponential revenue growth, which more than doubled during their partnership largely due to organic strategies and two well-planned acquisitions. He praised the leadership team, particularly highlighting contributions from CEO Michelle Sullivan and key hires, who have been instrumental in guiding the company through technological enhancements and an expanded sales force.

Michelle Sullivan noted that Incline's backing had invigorated CCG's capabilities and broadened its network significantly. She lauded their joint efforts with Incline and the Catalyst Group, which facilitated the development of an innovative proprietary data tool. This tool aims to improve purchasing visibility and create growth opportunities for both affiliates and vendor partners, setting CCG apart in the competitive landscape of collision repair services.

Incline's strategy typically targets firms with enterprise values ranging from $25 to $750 million, focusing on potential ownership transitions, acquisitions, and corporate divestitures, primarily across the United States and Canada. Their expertise in acquiring and cultivating growth in specialized manufacturing and distribution sectors is well recognized, and their efforts with CCG serve as a testament to this approach.

As Incline moves forward to explore new investments while optimizing their current portfolio, CCG stands as a successful example of how a private equity partnership can lead to substantial advancements and scalability in service-based industries. This move not only reflects Incline's commitment to fostering growth but also reaffirms their position as a leading force in the middle market investment arena. With the sale of CCG now complete, both entities look forward to new ventures and opportunities on the horizon. The implications of this partnership, along with the strategies implemented, may serve as a blueprint for future endeavors in private equity, especially in the automotive service sector.

Overall, Incline’s ability to enhance CCG's frameworks and offerings demonstrates the integral role of private equity in the development and triumph of growth-centric companies. The future looks promising, as both Incline and CCG continue their journeys toward further expansion and success.

Topics Business Technology)

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