M&A Deal Summary

Advance Auto Parts Acquires Lappen Auto Parts Division

On July 26, 2005, Advance Auto Parts acquired distribution company Lappen Auto Parts Division from Lappen Auto Supply

Acquisition Highlights
  • This is Advance Auto Parts’ 1st transaction in the Distribution sector.
  • This is Advance Auto Parts’ 5th transaction in the United States.

M&A Deal Summary

Date 2005-07-26
Target Lappen Auto Parts Division
Sector Distribution
Buyer(s) Advance Auto Parts
Sellers(s) Lappen Auto Supply
Deal Type Divestiture

Target

Lappen Auto Parts Division

United States
Lappen Auto Parts Division, engages in the 19 auto parts stores in the greater Boston, MA.

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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 5 of 10
Sector (Distribution) 1 of 4
Type (Divestiture) 1 of 2
Country (United States) 5 of 10
Year (2005) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-26 Lappen auto parts

Boston, Massachusetts, United States

Lappen auto parts,Inc. a division of Lappen Auto Supply Company. Lappen auto parts,a privately-held holds 19 auto parts stores in greater Boston, MA.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-15 Autopart International

Norton,, Massachusetts, United States

Autopart International, Inc.provide a full range of superior quality replacement parts to keep both foreign and domestic nameplate vehicles in top working order. We distribute our products through wholesale distributors across North America.

Buy -

Seller(S) 1

SELLER

Lappen Auto Supply

Stoughton, Massachusetts, United States

Category Company
Founded 1928
Sector Automotive
DESCRIPTION

Lappen Auto Supply Co., Inc. is a distributor of Garage Equipment. The company provides body shop equipment, including computerized measuring, welders,and frame machines.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1