RICHARDSON, TX – March 11, 2013 – Service King Collision Repair Centers, a multi-state operator of high-quality collision repair facilities and the fastest growing U.S.-based collision repair company, opened its newest Austin-area location in Lakeway today.
"We are very proud to be able to service the community of Lakeway," said Jeremy Lennox, Vice President – South Texas for Service King. "Lakeway is a high growth demographic market, which aligns with the goals of our strategic growth model. Service King is pleased to expand our Austin footprint to seven locations serving Georgetown, Lakeway, Leander, San Marcos and the greater Austin area."
Service King’s first Lakeway location is conveniently located at 1403 RR 620 North, near the intersection of RR620 North and Debba Lane. This 19,000-square-foot facility has the capacity to repair more than 200 cars a month. New Lakeway customers will enjoy the superior level of customer service that the other area Service King locations offer as well as as high-quality repairs backed by a lifetime warranty, a clean and comfortable customer lobby and a dedication to innovation and training.
"This is an exciting time for Service King as we continue expanding with more than 80 locations in Arizona, Arkansas, Mississippi, Tennessee and of course, Texas," said Chris Abraham, Chief Executive Officer for Service King. "This newly-constructed location will bring 35 to 40 jobs to the area. We look forward to having these new teammates join the award-winning Service King team of more than 2,300."
About Service King
Founded more than 36 years ago in Dallas, Texas, by Eddie Lennox, Service King Collision Repair Centers has grown to be the leader in the collision repair industry. In 2012, The Carlyle Group (NASDAQ: CG) bought a majority stake in the Richardson-based Service King, providing the capital necessary to grow nationally. Service King’s expansion continues, now with 10 San Antonio locations, 24 Dallas-Fort Worth locations, 12 Houston locations, 9 South Central locations and 8 collision centers in Arizona with additional acquisitions planned by the end of the month.
For more information about Service King, visit www.ServiceKing.com. Follow Service King's news on Facebook and Twitter.
About The Carlyle Group
The Carlyle Group is a global alternative asset manager with approximately $156 billion of assets under management across 99 funds and 63 fund of fund vehicles as of June 30, 2012. Carlyle's purpose is to invest wisely and create value. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has developed expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs approximately 1,300 people in 32 offices across six continents.
