Kalix River Holdings completed its acquisition of Pacific Collision Equipment, a leading distributor of Car-O-Liner equipment servicing Southern California’s collision repair industry, said Focus Advisors, which facilitated the sale.
“Selling my business was the hardest decision I’ve ever made, but after 30 years in the industry, I knew it was time to explore my options,” said Pacific Collision Equipment owner Robert Hornedo. “Focus Advisors did an outstanding job in helping me prepare, managing the process, and ultimately attracting the right successor to my business.”
Southern California represents the largest U.S. market for collision repair services, with its dense network of body shops and dealerships.
“Selling Robert’s business required a deep understanding of his market and the collision industry,” said Chris Lane, president of Focus Advisors. “Not only did we need to find and engage the group that Robert felt was best suited to continue his legacy, but that group also needed to fulfill the needs of the equipment owner, Snap-on, as Southern California is its largest and most promising U.S. growth territory.”
“The Southern California region remains the densest in terms body shop count and collision repair volume,” said Raul Salinas, senior associate for Focus Advisors. “Kalix River Holdings owners Michael Yu and Chris Hsu have roots in the collision industry and in Southern California. We trust they will do an excellent job in that market and for all collision repairers.”
Car-O-Liner has a strong presence in the market due to its innovative products and strong ties with OEMs. Widely used by MSOs and consolidators, its tools and technology are vital for shops to meet growing repair demands.
