FinishMaster, a wholly-owned subsidiary of Uni-Select, has announced that it has completed the acquisition of substantially all of the assets of Hi-Tec/Professional Paint and Auto Body Supply, Inc. (“Hi-Tec”). This acquisition marks FinishMaster’s first two locations in the state of Alaska in Anchorage and Fairbanks.
Outstanding Service by Hi-Tec
|FinishMaster Expands its Paints
Business by Acquiring Hi-Tec
Over the past 27 years Hi-Tec has gained a reputation for outstanding service. The team’s knowledge of products and application is unmatched in their market and they have built long-term partnerships
with body shops
because of their attention to detail and commitment to quality. With the addition of Alaska, FinishMaster is now located in 33 states and has 222 branches.
Acquisition Aligns with Strategic Plan to Grow
“We are excited to join forces with a team who shares our commitment to collaborate with customers and build partnerships through exceptional service. The ability to reach customers in Alaska is an exciting new opportunity for us, and we know by combining existing expertise with our national network of resources we are going to continue to appeal to the customers there
,” stated Steve Arndt, President and Chief Operating Officer of FinishMaster. “The team at Hi-Tec lives the same core values as our FinishMaster team nationwide and will very quickly become a part of our family. We are thrilled to have them on our team
“This acquisition aligns with our strategic plan to grow in key markets and signifies a major milestone in our history with the first two locations in Alaska. We look forward to continued growth in this new market as well as in existing ones
,” added Henry Buckley, President and Chief Executive Officer of Uni‑Select.
Uni-Select is one of the leaders in the distribution of automotive refinish and industrial paint and related products in North America, as well as one of the leaders in the automotive aftermarket parts business in Canada. In Canada