Trivest Partners and LP First Capital, two private equity firms, have partnered together to form OpenRoad, a family of brands within the collision repair industry.
The announcement follows the acquisitions of Car Crafters (Albuquerque, NM), Drury and Moss Body Shop (Amarillo, TX), 1st Choice Collision (Houston, TX), and Helotes Collision (Helotes, TX). With these deals, OpenRoad will now operate 12 collision repair centers across the Southwest. Tom Csekme will serve as chief executive officer for OpenRoad moving forward.
“For more than 40 years, Car Crafters has been known for quality repairs, excellent technician training, superior employee benefits, and stellar shop culture,” says Jim Guthrie, founder of Car Crafters and OpenRoad chairman. “Partnering with Trivest and LP First Capital will allow us to build upon this reputation, and their collective financial, operating, and strategic resources will enable us to expand across the greater Southwest while maintaining the Car Crafters culture and commitment to quality.”