Latest news with #MikeChilton
Business Wire
06-05-2025
- Automotive
- Business Wire
Kinetic Partners with Chilton Auto Body to Launch New Digital Repair Hub in the San Francisco Bay Area
SANTA ANA, Calif.--(BUSINESS WIRE)-- Kinetic, an automotive infrastructure company that delivers digital repair and servicing for modern vehicles through its growing network of service hubs, today announced it has partnered with Chilton Auto Body, one of the Bay Area's most respected collision repair networks, with 20 locations across Northern California. As part of the new partnership, Kinetic will open its first Kinetic Hub in the Bay Area, a 10,000-square-foot facility located at 171 Industrial Road in San Carlos, which will initially serve customers from five Chilton Auto Body locations. 'Our team is excited to collaborate with Kinetic to elevate the service capabilities of our repair centers,' said Mike Chilton, CEO of Chilton Auto Body. 'Kinetic brings a unique mix of cutting-edge technology and operational excellence that will help us continue to provide best-in-class service to our customers. We look forward to growing this partnership and offering access to the most advanced digital repair capabilities in the industry.' At the new San Carlos Hub, Kinetic's certified technicians will use proprietary AI, computer vision, and robotics to expedite the calibration, repair, and maintenance of EVs, AVs, and other digitally complex vehicles equipped with advanced driver-assistance systems (ADAS). The Hub is AAA certified and received official certification by Rivian, making it one of the few locations in the region authorized to repair and recalibrate Rivian vehicles to manufacturer standards. 'Chilton Auto Body has a 50-year history of providing excellent service to drivers in the Bay Area, and we're proud to partner with Mike Chilton and his team to bring our advanced digital repair capabilities to their operations,' said Nikhil Naikal, CEO and Co-founder of Kinetic. 'Our expansion into Northern California is the next step in fulfilling our mission to bring speed, precision and digital sophistication to modern vehicle repair.' The new hub strengthens Kinetic's national footprint, which already includes facilities in Southern California, Las Vegas and Salt Lake City. Kinetic continues to build the infrastructure needed to support the future of vehicle repair, particularly for electric, autonomous and ADAS-equipped vehicles. Kinetic and Chilton Auto Body will celebrate the grand opening of the new Kinetic Hub on May 6, bringing together partners, automotive professionals and community leaders. The celebration will feature a Kinetic presentation, lunch and live demonstrations. ABOUT KINETIC Kinetic is an automotive infrastructure company that delivers effortless digital repair for modern vehicles, including EVs, AVs and PHEVs. The company's certified technicians leverage Kinetic's proprietary AI, computer vision and robotics to provide precise and efficient digital repair of modern vehicles for the automotive aftermarket. Kinetic is accelerating the EV transition by providing the infrastructure required for mainstream repair and service and is a catalyst for a connected EV ecosystem and aftermarket. Founded in September 2021 by Nikhil Naikal and Sander Marques, Kinetic is headquartered in Santa Ana, California. For more information, visit ABOUT CHILTON AUTO BODY For over 50 years, Chilton Auto Body has been a trusted leader in collision repair, with a growing network of 20 locations across California. Our reputation is built on craftsmanship, restoring everything from cosmetic dents to major structural damage with factory-level precision. As California's first Tesla-certified body shop and a pioneer in electric vehicle repair, we lead in modern automotive innovation. Our certified technicians follow rigorous manufacturer standards through every step of the repair process, while our insurance specialists streamline claims. We back our work with a limited lifetime warranty on workmanship and paint. So the next time you're in an accident and unsure who to trust, call Chilton Auto Body and let us turn your cloudy day into a sunny one! For more information, visit
Yahoo
13-02-2025
- Automotive
- Yahoo
Trive Capital Partners with Chilton Auto Body, a Leading Auto Collision Repair Platform
SAN CARLOS, Calif. and DALLAS, Feb. 13, 2025 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, is excited to announce its recent investment in Chilton Auto Body ("Chilton" or the "Company"). Headquartered in San Carlos, California, Chilton is a leading collision repair platform operating 20 auto body repair shops across California. For over 55 years, Chilton has provided its customers with a comprehensive range of auto body collision repair services, from structural damage and bumper repair to light cosmetic and paintless dent repairs. While the Company services all vehicle makes and models, Chilton specializes in repairing electric vehicles ("EV") from OEMs Tesla, Rivian and Lucid, among others. The Company was the first Tesla-certified body shop and is recognized as a pioneer of EV collision repair. "Today's announcement marks a pivotal moment for our company and is a testament to the commitment and strength of our team, our track record for quality and timely repairs, and our relentless focus on providing an industry-leading customer experience," said Mike Chilton, Chief Executive Officer of Chilton Auto Body. "We are thrilled to partner with Trive as we launch this new phase of growth, while enhancing support for our valued insurance carrier partners and creating new opportunities for our talented team members." The Company was founded in 1969 when Charles Chilton opened its first repair shop in San Mateo, California. In 1984 Mike Chilton joined his father in running the business, and starting in 2003 under his leadership, the Company began expanding its shop footprint via brownfield and acquisition. Chilton now operates 20 state-of-the-art repair shops around the Bay Area and Los Angeles and continues to grow throughout California. "The Chilton leadership team has an exceptional track record of growing its footprint and scale, performing to key scorecard metrics, and delivering quality customer service, all while maintaining industry leading capabilities and EV repair expertise," stated Jared Reyes, Managing Director at Trive Capital. "We are excited to partner with Mike and the executive team as they look to bring Chilton's exceptional service and capabilities to new and adjacent geographies via M&A and new brownfield locations." "The collision repair industry continues to demonstrate attractive fundamentals. Furthermore, the growing complexity of vehicles and further adoption of EVs together present an attractive market opportunity for players with leading capabilities, state-of-the-art equipment and highly experienced technicians," added Chris Zugaro, Partner at Trive Capital. "Chilton's history and reputation position them well to capitalize on these trends, and we look forward to partnering with them in this next chapter of growth." King & Spalding LLP served as legal counsel to Trive. About Chilton Auto BodyHeadquartered in San Carlos, California, Chilton Auto Body is a leading U.S. auto body collision repair platform operating 20 shop locations across California. Chilton offers its valued customers a range of collision repair services, including paint and refinish, aluminum welding, bumper repair and calibration, light cosmetic, structural damage repair, and paintless dent, in addition to select ancillary services such as hail damage repair. Chilton's origins date back to 1969 when the Chilton family opened the Company's first repair shop in San Mateo, California. For more information, visit About Trive Trive Capital is a Dallas, Texas-based private equity firm with more than $8 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas. The Trive team is comprised of seasoned investment professionals who have been involved in over 250 middle-market transactions representing in excess of $10 billion in revenue across Trive's targeted industry sectors and situations. View original content to download multimedia: SOURCE Trive Capital Sign in to access your portfolio
