Service King Acquires Wade Auto Body
November 29, 2012

Texas-based Service King Collision Repair Centers has announced its completed purchase of three locations of Waco, Texas-based Wade Auto Body. Service King anticipates the deal will be finalized before December 14.

Adding these three shops will bring Service King's total presence to 63 locations in North America; 55 of those in Texas. Jeremy Lennox, vice president of Service King's South Texas market says, "Service King is very excited and proud to be able to service the community of Waco. This is a wonderful opportunity to add to our Texas footprint and connect our Dallas/Fort Worth and South Texas markets through our continued expansion along the I-35 corridor."

"We are very excited to welcome Wade Auto Body to the Service King family," says Jeff McFadden, president of Service King, "Wade, under Paul Anderson's leadership, has grown to become a dominant player in the collision repair industry. Our mutual commitment to quality and customer satisfaction makes this a wonderful partnership for Service King and for our new customers in Central Texas."

According to a statement released by Service King, Anderson originally worked for Service King in 1987 until he left in 1990 to form his own business. Once the acquisition is finalized, Anderson will again work for Service King in the leadership team.

"We are proud of our people, growth, and achievements at Wade Auto Body. We know that Service King will feel the same way about our team and our relationship with our customers. I look forward to becoming a Service King team member again to support their continued growth. I am also excited about the future opportunities this partnership will bring to the employees at Wade Auto Body," says Anderson.

Gregg Murray, spokesperson for Service King, had not responded to request for further comment at press time.

Subscribe to AGRR™ Magazine.
Subscribe to receive the free e-newsletter.