About Service King
Service King is a company based in Richardson (United States) founded in 1976 by Eddie Lennox was acquired by Blackstone in July 2014. Service King has raised $200 million across 2 funding rounds from investors including The Carlyle Group, Blackstone and Clearlake Capital Group. The company has 4,886 employees as of December 31, 2023. Service King has completed 10 acquisitions, including Al Brodeur’s Auto Body, Autobody USA and Centralcollision. Service King offers products and services including Aluminum Repair, Hail Damage Repair, Dent Repair and Removal, Auto Glass Repair, and Auto Painting. Service King operates in a competitive market with competitors including Driven Brands, Meineke Car Care, Safelite, Express Oil Change and Take 5 Oil Change, among others.
- Headquarter Richardson, United States
- Employees 4886 as on 31 Dec, 2023
- Founders Eddie Lennox
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 M (USD)
in 2 rounds
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Latest Funding Round
$200 M (USD), Private Equity Round
May 31, 2022
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Investors
The Carlyle Group
& 2 more
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Employee Count
4886
as on Dec 31, 2023
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Investments & Acquisitions
Al Brodeur’s Auto Body
& 9 more
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Acquired by
Blackstone
(Jul 22, 2014)
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Products & Services of Service King
Service King offers a comprehensive portfolio of products and services, including Aluminum Repair, Hail Damage Repair, Dent Repair and Removal, Auto Glass Repair, and Auto Painting.
Repairs aluminum components on vehicles to restore original condition.
Fixes hail-induced damage on car exteriors for safe operation.
Removes dents from vehicles without affecting paint or structure.
Repairs or replaces damaged auto glass for vehicle safety.
Applies professional paint to restore vehicles' appearance.
People of Service King
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Funding Insights of Service King
Service King has successfully raised a total of $200M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $200 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $200.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Private Equity Round - Service King | Valuation |
investors |
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| Aug, 2012 | Amount | Private Equity Round - Service King | Valuation |
investors |
Investors in Service King
Service King has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group, Blackstone and Clearlake Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Lower and mid-market investments are managed through private equity strategies.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location |
Investments & Acquisitions by Service King
Service King has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Al Brodeur’s Auto Body, Autobody USA and Centralcollision.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vehicle body and frame repair services are provided.
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2005 | ||||
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Automotive collision repair services are provided to vehicle owners.
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2004 | ||||
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Auto body repair services are provided in Fairburn, United States.
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2003 |
Financial Statements - Service King
Service King Comparisons
Competitors of Service King
Service King operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Driven Brands, Meineke Car Care, Safelite, Express Oil Change and Take 5 Oil Change, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Aftermarket automotive services are franchised across the United States.
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| domain | founded_year | HQ Location |
Automotive repair and maintenance services are provided for vehicles nationwide.
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| domain | founded_year | HQ Location |
Automotive repair and maintenance services are provided for vehicles.
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| domain | founded_year | HQ Location |
Full mechanical service center chain specializing in oil change
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| domain | founded_year | HQ Location |
Oil change service provider for cars
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Frequently Asked Questions about Service King
Service King was founded in 1976 and raised its 1st funding round 36 years after it was founded.
Service King is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.
David Cush is the current CEO of Service King.
Service King is a funded company, having raised a total of $200M across 2 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Service King is 4,886.
Service King was founded in 1976 in Richardson, United States, by Eddie Lennox. Automotive repair and maintenance are handled by the company within the vehicle service sector. Operations encompass collision repairs, mechanical servicing, and related maintenance for cars. Multiple locations are maintained across the United States under CEO David Cush. The domain serviceking.com supports online inquiries and information access.
Service King's top competitors include Driven Brands, Meineke Car Care and CARSTAR.
Service King offers Aluminum Repair, Hail Damage Repair, Dent Repair and Removal, Auto Glass Repair, and Auto Painting.
Service King has made 10 acquisitions, including Al Brodeur’s Auto Body, Autobody USA, and Centralcollision.
Service King has 3 investors. Key investors include The Carlyle Group, Blackstone, and Clearlake Capital Group.