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New Mountain Capital partners with Atlanta-based multisite operator

Private equity firm New Mountain Capital LLC partnered with Atlanta-based multisite operator Classic Collision Inc.

As part of the transaction, financial terms of which were not disclosed, Classic Collision's founder and management team will remain invested in the company.

Founded in 1983, Classic Collision is a family-owned business and multisite operator of collision repair facilities in the Greater Atlanta market, with 34 collision repair facilities in the Southeastern U.S.