Compass Lexecon Assists in Clearing Abra and Caliber Merger

In December 2018, ABRA Auto Body Repair and Caliber Collision announced a merger that would create the collision repair provider with the largest geographic coverage in the United States. Compass Lexecon was retained by counsel for both ABRA and Caliber to provide economic analysis in support of the transaction. Compass Lexecon’s work was used to demonstrate that significant competition for collision repair services would remain post-merger. In January 2019, the Federal Trade Commission cleared the transaction with no remedies. The Washington-based Compass Lexecon team was led by Loren Smith and Benjamin Wagner, with support from Bo Bourke, Damien Peng, and Donovan Kaddis. Compass Lexecon worked closely with Peter Thomas, John Goheen, and Andrew E. Hasty of Simpson Thacher & Bartlett LLP and Nathaniel L. Asker and Alexsandr B. Livshits of Fried, Frank, Harris, Shriver & Jacobson LLP.