Turning a wrecked car into a $2.8 billion collision repair business
“Matt Ebert started with eight body shop locations and within five years grew it to a national brand with over 645 locations and revenues of $2.8 billion,” shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business. “In this episode we’ll discuss growing your business through private equity with strategic acquisitions.”
Matt Ebert’s path to founding Crash Champions didn’t start with a grand plan—it began with a car wreck. At 16, he found himself needing to fix his own car, sparking an unexpected passion that led to building one of the largest collision repair companies in the United States.
In this week’s episode of Built to Sell Radio, you’ll discover how to:
- Sell a majority interest in your business and leverage private equity for growth.
- Build a company through strategic acquisitions.
- Weigh the pros and cons of growing versus cashing out.
- Understand the risks of staying stagnant in a consolidating industry.
You’ll hear the story of how Ebert sold a majority interest in his business and how he now approaches buying companies to expand Crash Champions into a national brand with 645 locations and $2.8 billion in revenue.