Chilton Auto Body specializes in repairing EVs from Tesla, Rivian and Lucid, among others, and was the first Tesla-certified body shop
San Carlos, Calif.—Trive Capital, the Dallas-based private equity firm, has announced its recent investment in Chilton Auto Body. Headquartered in San Carlos, Calif., Chilton is a collision repair platform operating 20 auto body repair shops across California.
For over 55 years, Chilton has provided its customers with a comprehensive range of auto body collision repair services, from structural damage and bumper repair to light cosmetic and paintless dent repairs. While the company services all vehicle makes and models, Chilton specializes in repairing electric vehicles from OEMs Tesla, Rivian and Lucid, among others. Chilton was the first Tesla-certified body shop and is recognized as a pioneer of EV collision repair.
Chilton was founded in 1969 when Charles Chilton opened its first repair shop in San Mateo. In 1984 Mike Chilton joined his father in running the business, and starting in 2003 under his leadership, the company began expanding its shop footprint via brownfield and acquisition. Chilton now operates 20 state-of-the-art repair shops around the Bay Area and Los Angeles and continues to grow throughout California.
“The Chilton leadership team has an exceptional track record of growing its footprint and scale, performing to key scorecard metrics, and delivering quality customer service, all while maintaining industry leading capabilities and EV repair expertise,” stated Jared Reyes, Managing Director at Trive Capital. “We are excited to partner with Mike and the executive team as they look to bring Chilton’s exceptional service and capabilities to new and adjacent geographies via M&A and new brownfield locations.”
“The collision repair industry continues to demonstrate attractive fundamentals. Furthermore, the growing complexity of vehicles and further adoption of EVs together present an attractive market opportunity for players with leading capabilities, state-of-the-art equipment and highly experienced technicians,” added Chris Zugaro, Partner at Trive Capital. “Chilton’s history and reputation position them well to capitalize on these trends, and we look forward to partnering with them in this next chapter of growth.”
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