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Announced

Safelite to acquire TruRoad from CenterOak.

Synopsis

Safelite Group, vehicle glass services, and recalibration company, agreed to acquire TruRoad Holdings, a provider of n-demand auto glass, Advanced Driver Assistance Systems recalibration, and claims services, from CenterOak Partners. Financial terms were not disclosed. With this acquisition, Safelite will have an increased capacity to expand its national footprint, accelerate growth, and better serve both customers and clients. ADAS recalibrations will be a top priority as best practices, tools, and training are shared. “We look forward to welcoming our new team members and capturing the many opportunities ahead, as we bring these two well-known and respected organizations together,” Tom Feeney, Safelite Group President and CEO.

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