The Columbus-based Safelite Group has acquired TruRoad Holdings from CenterOak Partners, a Dallas-based private equity firm. Financial terms of the transaction were not disclosed.
TruRoad of Woburn, MA, provides on-demand auto glass, advanced driver assistance systems (ADAS) recalibration and claims services through a number of subsidiaries, including JN Phillips Auto Glass, TechnaGlass, Harmon AutoGlass and Windshield Centers. TruRoad serves consumers, insurance carriers and fleets across 17 states through a network of 2,000 company‐owned, franchised and contracted providers.
TruRoad also owns StrategicClaim, which provides claim software technology and incident management services for a number of U.S. auto and property insurance companies.
The Safelite Group is composed of three major businesses: Safelite AutoGlass, a large provider of vehicle glass repair, replacement and recalibration services in the United States; Safelite Solutions, a fleet and insurance claims management service company; and Service AutoGlass, a vehicle glass wholesale supply chain and distribution operation. Together, the businesses serve 10 million customers through nearly 7,800 mobile glass shops and facilities.