M&A Deal Summary

Fenix Parts Acquires Brothers Auto Parts

On November 7, 2023, Fenix Parts acquired automotive company Brothers Auto Parts

Acquisition Highlights
  • This is Fenix Parts’ 15th transaction in the Automotive sector.
  • This is Fenix Parts’ 16th transaction in the United States.
  • This is Fenix Parts’ 1st transaction in Indiana.

M&A Deal Summary

Date 2023-11-07
Target Brothers Auto Parts
Sector Automotive
Buyer(s) Fenix Parts
Deal Type Add-on Acquisition

Target

Brothers Auto Parts

Indianapolis, Indiana, United States
Brothers Auto Parts is a full-service automotive recycler, based in Indianapolis, Indiana.

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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 16 of 20
Sector (Automotive) 15 of 18
Type (Add-on Acquisition) 15 of 19
State (Indiana) 1 of 1
Country (United States) 16 of 20
Year (2023) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 Stafford’s Auto Parts

Montgomery, Illinois, United States

Stafford’s is a full-service automotive recycler servicing the Chicago market. Stafford’s is based in Montgomery, Illinois.

Buy -