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TPG to acquire Classic Collision in landmark agreement

PRIVATEApr 03, 2024

Acquiring Company

Form Energy, Inc.

Acquired Company

Classic Collision

SomervilleAtlantaOtherManufacturingAutomotive

Description

TPG, a global alternative asset management firm, has signed a definitive agreement to acquire Classic Collision, a leading national collision repair multi-site operator. This acquisition reflects TPG's commitment to partnering with management to grow Classic's market leadership and continue the company's culture of providing high-quality service with integrity.

Quick answer

Form Energy, Inc. is acquiring Classic Collision, announced April 3, 2024. Form Energy, Inc. is based in Somerville, Massachusetts, United States.

How much did Form Energy, Inc. pay for Classic Collision?
The deal value was not disclosed.
What does Form Energy, Inc. do?
Form Energy is developing a brand new class of ultra-low cost, long duration energy storage systems.
Where are Form Energy, Inc. and Classic Collision based?
Form Energy, Inc. is based in Somerville, Massachusetts, United States. Classic Collision is based in Atlanta, Georgia, United States.

Source: Fundz verified event record.

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Company Information

Company

Form Energy, Inc.

Location

30 Dane Street

Somerville, Massachusetts, United States

About

Form Energy is developing a brand new class of ultra-low cost, long duration energy storage systems.

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Frequently asked

Who acquired Classic Collision?

Classic Collision was acquired by Form Energy, Inc., based in Somerville. The deal was reported on April 3, 2024. Form Energy is developing a brand new class of ultra-low cost, long duration energy storage systems. Form Energy, Inc. is privately held and operates in Other.

When did Form Energy, Inc. acquire Classic Collision?

Form Energy, Inc.'s acquisition of Classic Collision was reported on April 3, 2024. TPG, a global alternative asset management firm, has signed a definitive agreement to acquire Classic Collision, a leading national collision repair multi-site operator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Classic Collision do?

Classic Collision is one of the largest and fastest-growing collision repair platforms in the U.S., with 262 locations in 16 states nationwide. It is privately held, operating in Manufacturing, and is based in Atlanta.

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