Service King Collision Repair

Service King Collision Repair is a national automotive collision repair company. It was founded in 1976 by Eddie Lennox in Dallas, Texas. Service King is one of largest providers of collision repair services in Texas and the United States.

Service King Collision Repair Centers, Inc.
TypePrivate
IndustryAuto repair service
Founded1976 (1976)
FounderEddie Lennox
HeadquartersRichardson, Texas,
United States
Number of locations
330 locations (April 2017)
Area served
Texas, Arizona, Illinois, Florida, Michigan, Ohio, Arkansas, Oklahoma, Mississippi, Georgia, Nevada, Pennsylvania, Virginia, Colorado, New York, Indiana, South Carolina, Washington, Delaware, Maryland, North Carolina, Tennessee
Key people
Eddie Lennox, founder
David Cush, CEO
Jeff McFadden, President
ServicesAuto repair, collision repair
Revenue$710 million (US) (2013)
ParentThe Carlyle Group (minority)
The Blackstone Group (majority)
Websitewww.serviceking.com

History

Service King was founded by Eddie Lenox in 1976. Its first location was in Dallas.[1]

In 2009, the then-independently owned Service King bought the three-location D&D Collision chain in the Houston area.[2]

In 2012, The Carlyle Group purchased a majority stake in Service King.[3] Around that time, it expanded into Arizona.[4] Global investment and advisory group Blackstone purchased majority ownership in Service King in July 2014.[5] Service King eclipsed the 200-location milestone by December 2014 by purchasing Seattle-headquartered Kirmac Collision Services to expand its footprint in the Pacific northwest.[6] Service King hit the 300-location mark in August 2016; it also opened a 70,000 square foot center in Milpitas, California around that time.[7] In 2017, Blackstone and Carlyle looked at selling Service King for up to $2 billion (US).[8] Service King opened a new corporate office located in Richardson, Texas in early 2017.[9]

Partnerships

Service King has started Mission 2 Hire as its own program to help employ veterans with a goal of hiring 500 veterans and veterans families in five years.[10]

Service King partnered with the NASCAR Xfinity Series in 2017 to become the title sponsor of the Service King 300, held in March at the Auto Club Speedway of Southern California.[11]

Locations

Service King has locations in the following states:

References
  1. "From tiny Dallas body shop to 299 locations, Service King's made an impact in 40 years | Autos | Dallas News". Dallas News. 2016-04-15. Retrieved 2017-04-13.
  2. "D&D Collision to join Service King Collision". www.bizjournals.com. Retrieved 2017-04-13.
  3. "Service King I | The Carlyle Group". www.carlyle.com. Retrieved 2017-04-13.
  4. "Service King I | The Carlyle Group". www.carlyle.com. Retrieved 2017-04-13.
  5. http://www.carlyle.com/news-room/news-release-archive/carlyle-group-and-management-partner-acquire-service-king-collision-r
  6. staff. "Service King Surpasses 200 Locations with Recent Acquisition". Retrieved 2017-04-13.
  7. "Service King Unveils 70,000-Square-Foot California Repair Center". Body Shop Business. 2016-08-22. Retrieved 2017-04-13.
  8. "Bloomberg: Owners of Service King Collision Repair Centers Mulling $2 Billion Sale". Body Shop Business. 2017-02-15. Retrieved 2017-04-13.
  9. "It's done:Service King to expand its North Texas headquarters with move in Richardson". www.bizjournals.com. Retrieved 2017-04-13.
  10. serviceking.com. "Mission 2 Hire | Service King Collision Repair". Mission 2 Hire | Service King Collision Repair. Retrieved 2017-04-13.
  11. "Service King Named Title Sponsor Of NASCAR XFINITY 300 Race At Auto Club Speedway". aftermarketNews. 2017-03-23. Retrieved 2017-04-13.
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