OMERS-backed Caliber Collision wraps up merger with Abra

Caliber Collision Centers, a Lewisville, Texas-based auto collision repair business, has closed its merger with Abra Auto Body Repair of America, a Minneapolis, Minnesota-based company that operates in the same sector. Terms weren't disclosed for the deal, which was announced in December. The merger facilitated the sale by OMERS Private Equity of its majority stake in Caliber, acquired in 2013. The company has also been backed by Leonard Green & Partners (LGP) and Penfund. The buyer was Hellman & Friedman, which acquired Abra in 2014. OMERS and LGP will be minority shareholders in the combined company.

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