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TPG To Acquire Classic Collision

April 03, 2024 — 08:42 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Wednesday, TPG Inc. (TPG) announced the signing of a definitive agreement to acquire Classic Collision, a major multi-site operator in collision repair.

The company stated that the management team of Classic Collision will continue to be involved in the company.

Details of the deal were not disclosed. The transaction is anticipated to be finalized in the second quarter of 2024.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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