Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California and Texas, announced that it has ranked 127th in Inc magazine’s list of the Top 500 Fastest-Growing Private Companies in America, making this the second year in a row that the company has made the list.
Since its first acquisitions in January 1997, Caliber Collision Centers has become the largest collision repair provider in California and Texas, and the largest independently operated collision repair organization in the United States.
Caliber specializes in providing cost-effective automobile physical damage claims solutions while offering unique customer-oriented value propositions that include a no-hassle lifetime guarantee, 24/7/365 customer service capabilities and rental car assistance.
According to Caliber’s chairman and CEO, Matthew Ohrnstein, Caliber’s unparalled customer service, collision repair expertise, company-wide standard operating procedures, successful integration of acquired centers and solid relationships with insurance partners have led to such remarkable growth.
“We’re thrilled to have made the prestigious Inc 500 list again this year,” stated Ohrnstein. “We believe that by maintaining our focus on customer service, dedication to employee development, continued investment in the most modern equipment available and a disciplined approach to acquisitions, our company will continue to thrive over the next few years.”
Caliber Collision Centers has partially funded its growth over the past several years with equity investments from Keystone Inc. (formerly The Robert M. Bass Group)—an affiliate of Oak Hill Capital Partners, L.P., Zurich Centre Group Holdings Ltd. and Interinsurance Exchange of the Automobile Club. Over the last five years, Caliber has acquired or developed 67 centers, and today has annual revenues exceeding $200 million.
To be eligible for this year’s Inc 500, companies had to be independent and privately held through their fiscal year 2001, have at least $200,000 in sales in the base year of 1997, and their 2001 sales had to have exceeded 2000 sales.
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