💥Is Service King in Need of Servicing?💥

The Blackstone/Carlyle auto repair business has a looming springing maturity.

Dallas TX-based Service King Collision Repair Centers Inc., a large chain of auto body repair shops, operates 335 locations in 24 states and the District of Columbia. It is the quintessential private equity growth story. Hot-potatoed from The Carlyle Group ($CG) to Blackstone Inc. ($BA)(as majority owner), the business has been on a wild debt-fueled rid…