Repairify, a portfolio company of Kinderhook Industries, unveiled key insights from its record 2021 year-end.
Its family of brands completed more than 12.4 million automotive diagnostic scans and delivered over 4.9 million diagnostic reports across the collision, mechanical, dealership, auction, and reconditioning repair markets.
The record-setting year marked a watershed moment for Repairify. The company completed five acquisitions and expanded its capabilities beyond collision repair technology into diagnostics for mechanical repairs, data insights for ADAS calibrations, as well as vehicle reconditioning workflow and inspections.
“As vehicles become more advanced, the cost and expertise required to service and repair vehicles also increases. This presents a challenge for our global customers, technicians, and insurers alike,” said Cris Hollingsworth, President of Repairify Global Holdings, Inc. “Last year was about intentionally amassing the expertise, knowledge, and insights to meet this market need head-on and delivering world-class service solutions through our people and products.”
In addition to its record volume of diagnostic scanning and reporting, Repairify delivered several other important products and services to more than 28,000 global commercial customers, including:
- $1.3B in SaaS-enabled, facilitated work order billings
- 185,000 unique vehicle ADAS calibration reports
- 938,000 electronic vehicle repairs
- 216,000 ADAS calibrations
- 90,000 in-person vehicle inspections
Beyond the delivery of a record-setting year, Repairify’s 2021 performance was capped by several strategic investments, multiple industry partnerships, and a new exclusive global patent licensing and supply agreement with LAUNCH Tech, which will accelerate the growth of Repairify’s services and solutions across 40+ countries.
In 2022 and beyond, Repairify will continue to integrate capabilities between its family of brands, further streamline shop workflow, expand training offerings, and deliver more solutions to more customers around the globe.