Carousel Capital announced today that its portfolio company, Joe Hudson’s Collision Center (“JHCC” or the “Company”), one of the largest providers of automotive collision repair services in the United States, has continued to rapidly expand its footprint through organic and acquired additions to its locations. Since Carousel’s initial investment to recapitalize JHCC with management at the end of 2014 the number of operating locations at JHCC has approximately doubled as it continues to provide quality services to its customers and insurance industry partners. JHCC’s most significant acquisition to date involved the operations of Collision Central based in Texas, which has led to new location additions in key Texas markets since closing.
Based in Montgomery, Alabama, Joe Hudson’s Collision Center operates over 40 locations in Texas, Alabama, Florida and Georgia providing award winning quality services to its customers and insurance industry partners. Founded in 1989, JHCC offers its customers free and accurate computerized estimates, along with quality, guaranteed repair work utilizing I-CAR certified technicians. The company delivers it services while providing real time information through its repair tracking system, enabling customers to monitor the status of their repairs 24 hours a day, 7 days a week through a web-interface. For its insurance partners, JHCC offers the resources necessary to expedite claims while providing the highest levels of customer service, resulting in satisfied policyholders.
Carousel Capital is a private investment firm that invests in companies located in the Southeastern United States. Carousel’s investor base includes institutional investors and an elite group of more than 100 current and former CEOs with significant operating experience. Since its inception, Carousel has invested in 34 companies primarily in three targeted growth sectors: business services; consumer services; and healthcare services.