ProCare Automotive & Collision, L.L.C.
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ProCare Automotive & Collision, L.L.C. - overview
Established
1999
Location
Converse, TX, US
Primary Industry
Retail
About
ProCare Automotive & Collision provides expert auto body repair services, specializing in collision repairs for various vehicle types, including electric models like Tesla. Their focus is on quality and safety in every repair. Founded in 1999 in Converse, US, ProCare Automotive & Collision specializes in auto body repair services. The company has successfully completed three notable deals since its inception.
The CEO, Vince Brock, leads the company in its mission to deliver quality collision repair services. ProCare Collision primarily offers professional auto body repair services, specializing in collision repair for a wide range of vehicles, including electric vehicles such as Tesla models. Their services encompass a comprehensive understanding of the nuances of collision repair, ensuring that vehicles return to optimal condition after an accident. The company emphasizes quality through certified collision repair processes, which significantly impact the longevity and safety of the repairs.
Customers include individual car owners and auto enthusiasts who require reliable repair work following accidents. ProCare Collision operates in various geographical markets, focusing on regions with high automobile usage and demand for quality repair services, thereby catering to a diverse clientele seeking expertise in collision restoration. ProCare Collision generates revenue primarily through direct service transactions related to auto body repairs. Typically, clients approach the company after experiencing a vehicle collision, leading to estimates for the necessary repair services.
The transaction structure involves direct-to-consumer interactions, with customers receiving quotes based on the extent of the damage and required services. Pricing structures may vary depending on the complexity of repairs and the specific services rendered, such as painting, frame straightening, and parts replacement. The company's focus on certified collision repair enhances its reputation and allows for premium pricing in the market, ultimately contributing to its revenue generation from both individual car owners and automotive enthusiasts seeking high-quality restoration work. ProCare Automotive & Collision aims to enhance its service offerings by designing new products that address the evolving needs of modern vehicles.
They are exploring expansion into new geographic regions with a focus on areas with increasing vehicle ownership, planning to initiate this expansion by the end of 2024. Recent funding from Global Emerging Markets, which acquired ProCare Automotive & Collision Inc. , will play a pivotal role in facilitating these growth initiatives.
Current Investors
New Mountain Capital, Classic Collision, LLC, Global Emerging Markets
Primary Industry
Retail
Sub Industries
Automobile Repair
Website
www.procarecollision.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ProCare Automotive & Collision, L.L.C. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | ProCare Automotive & Collision, L.L.C. | - | ||||||||
| Add-on | Completed | AMM Collision Center | - | ||||||||
| Buyout | Completed | ProCare Automotive & Collision, L.L.C. | - | ||||||||
| Buyout | Completed | ProCare Automotive & Collision, L.L.C. | - |
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