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ABRA Auto Body & Glass, and its principal owner Palladium Equity Partners, have agreed to sell the company to affiliates of Hellman & Friedman LLC and ABRA’s senior management team. In late June, ABRA announced it was in the market for a new private equity owner.
ABRA Auto Body & Glass is in the market for a new private equity owner. “It is a good time to capitalize,” says Duane Rouse, ABRA’s president and CEO. And the company’s management sees automotive glass repair and replacement services playing a big role in the company’s ongoing expansion.