M&A Deal Summary

Fenix Parts Acquires American & Import Auto Parts

On October 25, 2022, Fenix Parts acquired automotive company American & Import Auto Parts

Acquisition Highlights
  • This is Fenix Parts’ 13th transaction in the Automotive sector.
  • This is Fenix Parts’ 14th transaction in the United States.
  • This is Fenix Parts’ 1st transaction in Michigan.

M&A Deal Summary

Date 2022-10-25
Target American & Import Auto Parts
Sector Automotive
Buyer(s) Fenix Parts
Deal Type Add-on Acquisition

Target

American & Import Auto Parts

Sterling Heights, Michigan, United States
American & Import Auto Parts is a full-service automotive recycler servicing the metro Detroit market. American & Import Auto Parts is based in Sterling Heights, Michigan.

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Buyer(S) 1

Buyer

Fenix Parts

Hurst, Texas, United States

Category Company
Founded 2014
Sector Automotive
Employees665
Revenue 69M USD (2015)
DESCRIPTION

Fenix Parts is a recycler and reseller of OEM automotive products. The company’s primary business is auto recycling, which is the recovery and resale of OEM parts, components, and systems reclaimed from damaged, totaled, or low-value vehicles. Fenix Parts was established in 2014 and is based in Hurst, Texas.


DEAL STATS #
Overall 14 of 20
Sector (Automotive) 13 of 18
Type (Add-on Acquisition) 13 of 19
State (Michigan) 1 of 2
Country (United States) 14 of 20
Year (2022) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Reno s Auto Parts

Hillsboro, Ohio, United States

Reno's Auto Parts is a full-service automotive recycler servicing the Cincinnati and Dayton markets. Reno's Auto Parts is based in Hillsboro, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-05 Fox Auto Parts

Belleville, Michigan, United States

Fox Auto Parts is a full-service and self-service automotive recycler and auto repair facility servicing the Detroit, Ann Arbor, and Northern Ohio markets. Fox Auto Parts was founded in 1973 and is based in Belleville, Michigan.

Buy -