Focus Advisors, the leading M&A firm specializing in collision repair transactions, announced that its client, Quanz Auto Body of Albuquerque, New Mexico, has been acquired by Crash Champions. Started 42 years by their father, Rick Quanz, brothers and current owners Adam, Daniel, and Andrew Quanz, grew the business from one to four locations to become the second largest provider in the Albuquerque market.
This acquisition marks Crash Champion’s entrance in the New Mexico market. Crash now operates 165 shops across 18 states and expects to close eight more before year end.
David Roberts, Managing Director of Focus Advisors, who led the transaction, commented “Quanz was the quality provider in the Albuquerque market, and CEO Adam Quanz is joining the Crash team to continue expansion in that region of the country. Both businesses are going to benefit greatly from this new partnership.”
Adam Quanz had the vision and plan to grow rapidly throughout the area but needed a stronger capital partner, “As I worked with Focus Advisors to develop our growth plan over more than a year, I realized that the backing of a larger provider would bring that plan to fruition much faster and more effectively. We had multiple quality providers who gave us offers, but in the end, we felt the entrepreneurial style of management at Crash Champions was best suited for us to continue our rapid growth. I really want to thank my team for helping me take my family’s business to the next level. And we couldn’t have done it without the professionals at Focus Advisors. Dave Roberts and Chris Lane were awesome.”
About Focus Advisors:
Focus Advisors (focusadvisors.com) is a full-service FINRA-registered M&A advisory firm serving collision industry entrepreneurs looking for advice about growth and sale options, representing them in raising capital or selling their businesses. Managing Director, David Roberts has been the industry’s leading advisor to MSOs and single shops with more than 30 industry transactions in the last 7 years including recent sales of large MSOs such as Parsons/Middleton Carstar, Able Body Shops, Fix Auto USA, Fix ACAB, Price’s Collision in Nashville and Herb’s Body and Paint in Dallas. The sale of the Quanz Auto Body MSO is the 10th successful transaction led by Focus during COVID.
Investment Banking Services and Securities offered through Independent Investment Bankers Corp. a broker-dealer, Member FINRA/SIPC. FOCUS Advisors is not affiliated with Independent Investment Bankers Corp.
