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CollisionRight Announces Investment from Growth Equity Firm Summit Partners

Jan 30, 2024over 1 year ago
ColumbusManufacturing

Investors

Summit Partners

Description

CollisionRight announced a majority investment from Summit Partners, a leading growth equity investment firm, to support CollisionRight’s growth plan focused on acquiring and operating high-quality, customer-friendly collision repair shops across the Central United States and Mid-Atlantic regions. The new capital will help support CollisionRight’s goal to create an industry leader that will set the standard for growth, excellence and customer service.

Company Information

Company

CollisionRight

Location

Columbus, Ohio, United States

About

CollisionRight not only provides you with the highest-quality repair but also helps you through what otherwise could be a stressful process. We care about you and your car. Our people are committed to providing you with an outstanding and convenient service experience.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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