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Thursday January 10

Everest Partners Selects Fix Auto as its Network Provider

YORBA LINDA, Calif. -- The Everest Partners, a member-owned partnership of multi-shop collision repair owners, has signed a letter of intent to join the Fix Auto network.

Everest operates 47 stores in Alabama, Arizona, California, Illinois, New York, Ohio, Pennsylvania, Tennessee and Virginia. The Everest Partners are independent repairers committed to establishing new standards of excellence in cost efficiency, quality of repair and policyholder satisfaction.

Fix Auto enables successful independent collision center owners to centralize services such as claims processing, CSI measurement and benchmarking, along with training and technology. Launched in 1997, Fix Auto's network revenues topped $110 million in last year. The company achieved double-digit growth in 2001, and with the addition of Everest, Fix Auto's network revenues now exceed $235 million annually.

Said Erick Bickett, CEO of Fix, "The Everest Partners have consistently performed in the top one percent of the market by identifying the insurance companies as a primary customer of their services. They represent some of this country's finest multi-shop owners. We are proud to add Everest to our network of 'best in class' collision repair professionals. Everest gives us the platform on which to build in the Northeast and Midwest, and strengthens our existing network in the Southwest.

"The addition of Everest is completely consistent with our stated strategy of growing the nation's largest network of best-in-class, independently owned and operated collision repair facilities."

David Fait, president of Everest, said the alliance with Fix is an important part of the partners' effort to continuously improve. "This will enable us to better serve and delight our customers and enhance insurer relations, all of which are critical to our success and our growth."

Everest partners include Autobody World in Arizona, Auto Body Collision & Glass in Ohio, Bradshaw Collision in Tennessee, Central Collision Center and Collision Plus Auto Body Centers in Illinois, Craftsman Autobody in Virginia, Greenwald Auto Body in California, Keenan Autobody in Pennsylvania, LoFrano & Sons in California, Nu Look Collision Centers in New York, Pride Collision in California, and Professional Body and Paint in Alabama.

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