20/09/2024
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A large fire destroyed a decades-old family-run auto repair shop and disrupted the flow of water in Meaford Thursday night.
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Black smoke from the blaze at Johnny B’s Automotive and Car Care was seen as far away as Owen Sound and The Blue Mountains as neighbors reported hearing explosions and being overwhelmed by fumes and heat.
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No injuries were reported as of Friday morning.
The city issued a news release early Friday morning asking residents to connect to the municipal water system to avoid municipal drinking the water and to limit consumption as much…
06/08/2024
Private equity firm Keyhaven Capital Partners has agreed to sell its equity stake in independent collision repair group Steer Automotive to pan-European private equity investor Oakley Capital.
The bodyshop group’s founder Richard Steer and the current management team will continue to lead the business and are reinvesting alongside Oakley. As part of the transaction, Oakley will acquire the shares held by Keyhaven Capital Partners and Chiltern Capital.
Since Capital’s and Keyhaven’s investments in 2021, Steer completed 18 acquisitions to create a network of over 100 repair centers across the country. The group has expanded from its core passenger car repair…