XPEL Announces Multiple Acquisitions in North America
The acquisition includes five businesses in the United States and Canada
XPEL Inc., a global provider of protective films and coatings, announces its acquisition of five businesses in the United States and Canada from two sellers.
In Canada:
Shadow Shield: A distributor of paint protection film and window film to customers in Canada with locations in Calgary, Alberta, and Mississauga, Ontario.
Shadow Tint: An installer of paint protection and window film operating in Calgary, Alberta.
North 1 Technologies: A software company providing software and patterns for cutting paint protection film to customers around the world under the FilmWraps brand.
In the United States:
One Armor: An Installer of paint protection and window film in Phoenix, Arizona.
Tint Net: A high-volume installer of automotive window film providing on-site service serving mostly mid-range new car dealerships in Arizona.
Ryan Pape, XPEL president/CEO, states, “XPEL remains a willing buyer of businesses that expand upon our core strategies, from sellers that are looking for their next journey with a winning and dynamic team. These acquisitions are consistent with our go-to-market strategy and our desire to add top talent to the team.”