M&A Deal Summary

Advance Auto Parts Acquires Discount Auto Parts

On November 28, 2001, Advance Auto Parts acquired retailer Discount Auto Parts

Acquisition Highlights
  • This is Advance Auto Parts’ 2nd transaction in the Retail sector.
  • This is Advance Auto Parts’ 2nd transaction in the United States.
  • This is Advance Auto Parts’ 1st transaction in Florida.

M&A Deal Summary
Date 2001-11-28
Target Discount Auto Parts
Sector Retail
Buyer(s) Advance Auto Parts
Deal Type Add-on Acquisition

Target

Discount Auto Parts

Lakeland,, Florida, United States
Discount Auto Parts, LLC operates as a specialty retailer and supplier of automotive replacement parts, maintenance items and accessories.

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Buyer(S) 1

Buyer

Advance Auto Parts

Raleigh, North Carolina, United States
Category Company
Founded 1929
Sector Retail
Employees40,000
Revenue 11.3B USD (2023)
DESCRIPTION
Advance Auto Parts store in Destin, Florida.
Advance Auto Parts store in Destin, Florida.

Advance Auto Parts is an automotive aftermarket retailer of parts, accessories, batteries, and maintenance items, serves both the do-it-yourself and professional installer markets. Advance Auto was incorporated in 1929 and is headquartered in Raleigh, North Carolina.

DEAL STATS #
Overall 2 of 10
Sector (Retail) 2 of 4
Type (Add-on Acquisition) 2 of 7
State (Florida) 1 of 1
Country (United States) 2 of 10
Year (2001) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-15 Carport Auto Parts Stores

United States

Carport Auto Parts Stores, engages in retail auto parts with 51 stores in Alabama and Mississippi.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-23 Trak Auto

Landover, Maryland, United States

Trak Auto Corporation operates retail discount auto parts and accessories stores in the United States.

Buy -
Mergr

Product

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