XPEL - Mergers and acquisitions

XPEL, Inc. (NASDAQ:XPEL) (the "Company"), a global provider of protective films and coatings, today announced the acquisition of the paint protection film business of Car Care Products Australia, a distributor of automotive protective films serving Australia. Car Care Products Australia will remain in business selling its non-paint protection film products. Mat Moreau, Senior Vice President, Sales and Product of XPEL, stated, "Australia is a great market for us and one we think we can develop greatly. We're excited to begin serving our customers in Australia directly and to increase our investment in the market for their benefit." The Company expects to add training, marketing and other l

Expands Market Reach Providing Protective Film Kits for Bicycles XPEL, Inc. (NASDAQ:XPEL) (the "Company"), a global provider of protective films and coatings, today announced the acquisition of invisiFRAME, Ltd., a leading provider of custom-tailored bicycle frame protection kits based in the United Kingdom. invisiFRAME, primarily sells direct-to-consumer through its website and also directly supplies bicycle shops across the UK, Europe, Australia and the U.S. With one of the largest custom bicycle pattern libraries in the world, invisiFRAME's business model is well-suited to complement and leverage XPEL's existing sales channels inclusive of its global network of independent dealers and

XPEL, Inc. (NASDAQ:XPEL) (the "Company"), a global provider of protective films and coatings, has announced the 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 f

XPEL, Inc. (NASDAQ:XPEL) (the "Company"), a global provider of protective films and coatings, announced the acquisition of PermaPlate Film LLC ("PermaPlate Film"), a distributor and installer of automotive window films serving dealerships across the United States. PermaPlate Film supplies mid-range dealerships primarily engaged in high-volume window film installation. Serving several hundred dealerships across the country, the addition of PermaPlate Film strengthens XPEL's market presence, enhances its geographic footprint and accelerates the Company's penetration into the mid-range segment of the market. On a full-year basis, PermaPlate Film would add approximately $25.0 million in reven

SAN ANTONIO--(BUSINESS WIRE)--XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announces the acquisition of Houston, Texas-based Veloce Innovation, a leading provider of architectural films for use in residential, commercial, marine and industrial settings. The acquisition closed on December 31, 2020. Ryan Pape, President and Chief Executive Officer of XPEL, stated, “We’re pleased to welcome industry veteran Harry Rahman and his team from Veloce to XPEL. Harry brings a wealth of experience, extensive knowledge and deep relationships in the architectural window film industry. We look forward to leveraging Harry’s expertise to accelerat