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Announced

Clearlake to acquire a minority stake in Crash Champions.

Synopsis

Clearlake, an investment firm, agreed to acquire a minority stake in Crash Champions, a collision repair service provider. Financial terms are not disclosed. "Today is an exciting day for Crash Champions and another major milestone in our growth story. This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members across both organizations," Matt Ebert, Crash Champions Founder and CEO.

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