Caliber Collision Centers Expands into Palm Springs Market; Caliber Acquires the Bensi Auto Body Two Store Chain.Business Editors & Automotive Writers IRVINE, Calif.--(AutomotiveWire)--Dec. 1, 2000 Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). and Texas, has acquired Bensi's Body Shop in Palm Springs, Calif. and Bensi's Auto Body in Cathedral City, Calif., one of the largest collision repair service providers in the rapidly growing Coachella Valley Coachella Valley (kō'əchĕl`ə), arid region, SE Calif., N of the Salton Sea. Water is brought into the region by artesian wells and by the Coachella Canal (123 mi/198 km long), a branch of the All-American Canal built between 1938 and market. Terms of the agreement were not disclosed. The addition of Bensi's extends Caliber's position as the largest collision repair provider in California with 27 centers throughout Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, and as the largest independently operated collision repair organization in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with annual revenues exceeding $155 million. According to Ed according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Medvic, vice president, corporate development of Caliber, the acquisition of the two Bensi centers is a direct response to the requests from the company's preferred insurance clients to begin providing collision repair and claims support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to their insureds in the underserved Palm Springs marketplace. "Caliber's expansion into Palm Springs and Cathedral City is a natural extension of our significant presence throughout Riverside County and San Bernardino San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. County," said Medvic. "This acquisition will provide Caliber with a significant initial presence in this rapidly growing marketplace, which we plan to add to in 2001." Former owners of Bensi's Body Shop and Bensi's Auto Body, Frank and Sharon Bensi, will consult to Caliber in the integration of the business to the Caliber group. "I have known the Caliber organization for four years and have kept a watchful watch·ful adj. 1. Closely observant or alert; vigilant: kept a watchful eye on the clock. See Synonyms at aware, careful. 2. Archaic Not sleeping; awake. eye on their rapid development and success," said Frank Bensi. "Caliber has built a track record of providing its employees with a unique opportunity to help lead the positive change that is taking place in the collision repair industry and advance their careers," said Bensi. "My entire organization is excited about joining the Caliber team to better serve the insurance community and their customers." "Both my husband and I are extremely pleased with the outcome of this transaction," agreed Sharon Bensi. Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 50 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion