SAN ANTONIO, TX – December 26, 2012 – Service King Collision Repair Centers, a nationwide operator of high-quality collision repair facilities with more than 63 locations across the United States, is continuing their expansion with the recent acquisition of Auto Crafters Collision Center, a respected collision center located in Universal City, Texas. The transaction was completed and closed on December 20, 2012.
With this single location acquisition, Service King will provide our new customers with the same outstanding customer service and quality care that the other nine Service King locations thriving in the San Antonio market currently offer. "We are excited to expand on the great customer base Auto Crafters Collision Center has established over the past 25 years of doing business," said Jerod Guerin, Associate Vice President for Service King "This partnership broadens Service King’s reach in the San Antonio market allowing us to serve Universal City and the surrounding areas of Schertz, Cibolo, Converse and Garden Ridge."
The team at Auto Crafters Collision Center has built their reputation on performing quality collision repair with friendly customer service, and that tradition will continue with a team of 20 teammates able to repair more than 300 cars per month out of the 28,000-square-foot facility. "Built on a strong reputation of trust and respect in their community, the new collision center will be a great fit in the ever-growing Service King family," said Jeremy Lennox, Market Vice President for Service King. "Not only does this new acquisition allow us to extend our impact in the greater San Antonio market, but we are honored to be able to serve the residents of Universal City and offer them the quality care and dependable customer service they deserve."
Established in 1987, Auto Crafters Collision Center has been a staple in the Universal City area for more than 25 years with a reputation that boasts both high safety standards and strong customer satisfaction. "Service King could not be more proud to welcome Auto Crafters Collision Center to our award-winning team," said Chris Abraham, Chief Executive Officer "Auto Crafters has done a fantastic job building a well respected and quality business and we are very excited to build upon that level of commitment and service."
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.
