With the addition of Fountain Valley Bodyworks’ two locations, Crash Champions now has 25 shops in Southern California
Orange County, Calif.—Crash Champions, one of the nation’s largest independent collision repair MSOs with a presence in both the greater Midwest and Southern California markets, announced on Oct. 7 the acquisition of Fountain Valley Bodyworks, the largest family-owned MSO in Orange County, according to a company news release.
Crash Champions is currently the fifth largest collision repair MSO, with 47 total locations across Illinois, Ohio, Wisconsin, Missouri and California. With the addition of Fountain Valley Bodyworks’ two locations, Crash Champions now has 25 shops in Southern California.
Founded in 1974 by Dave March, Fountain Valley Bodyworks is a partner with regional and national insurance carriers.
“I knew our next chapter would involve partnering with a well-capitalized MSO positioned for meaningful near-term growth.”— Dave March, founder
The company generates more than $18 million of annual sales. Based on sales per square foot, the two locations rank among the highest-performing collision repair shops in the industry, the company stated.
As part of the transaction, March will retain an ownership stake in the combined organization and remain an active member of its leadership team moving forward, alongside Director Michael March and General Manager Mike Honrath.
“After 45-plus years of building Fountain Valley Bodyworks into the powerhouse it is today, I knew our next chapter would involve partnering with a well-capitalized MSO positioned for meaningful near-term growth,” March said. “The leadership at Crash Champions and Fountain Valley Bodyworks have a shared vision for the company’s go-forward strategy and our operational ethos could not be more aligned.
“I look forward to working with our new partners at Crash Champions to enhance our value proposition to our insurance carrier partners and drive meaningful market share gains in Southern California.”
The acquisition of Fountain Valley Bodyworks is the sixth transaction completed by Crash Champions, and its second this year in the Southern California market. In March, Crash Champions completed its merger with Pacific Elite, the largest family-owned operator of collision repair shops, with 23, in California.
Additional completed acquisitions this year include five shops in Missouri, three shops in Ohio and one shop in Wisconsin. The company plans to rebrand all its shops under the Crash Champions name by the end of this year.