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Quality Collision Group (QCG) acquires Triangle Collision to strengthen its presence in the greater Raleigh metropolitan area

Oct 02, 2024•10 months ago

Acquiring Company

Quality Collision Group

Acquired Company

Triangle Collision

McKinneyMorrisvillePublic SafetyAutomotiveAutomotive

Description

Quality Collision Group has successfully acquired Triangle Collision, a leading premium collision repair facility in Morrisville, North Carolina. This acquisition strategically positions QCG to better serve the greater Raleigh metropolitan area and brings the total number of QCG partners to 71 nationwide.

Company Information

Company

Quality Collision Group

Location

McKinney, Texas, United States

About

Quality Collision Group is a growing collection of best-in-class OEM-certified collision repair centers. The organization was founded in 2020 with a desire to create a new MSO model that prioritizes quality and OEM compliance and certifications while delivering best-in-class auto body repairs and exceptional customer experiences. For more information and to inquire about partnering with Quality Collision Group, visit qualitycollisiongroup.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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