CollisionRight Announces Investment from Growth Equity Firm Summit Partners
Jan 30, 2024•over 1 year ago
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers