M&A Deal Summary

Fenix Parts Acquires Butler Auto Sales and Parts

On October 7, 2015, Fenix Parts acquired distribution company Butler Auto Sales and Parts for 8M USD

Acquisition Highlights
  • This is Fenix Parts’ 1st transaction in the Distribution sector.
  • This is Fenix Parts’ largest (disclosed) transaction.
  • This is Fenix Parts’ 2nd transaction in the United States.
  • This is Fenix Parts’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-10-07
Target Butler Auto Sales and Parts
Sector Distribution
Buyer(s) Fenix Parts
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Butler Auto Sales and Parts

Forest City, North Carolina, United States
Butler Auto Sales and Parts, Inc. distributor of automotive parts.

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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 2 of 20
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 2 of 19
State (North Carolina) 1 of 2
Country (United States) 2 of 20
Year (2015) 2 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-18 Ocean County Auto Wreckers

Bayville, New Jersey, United States

Ocean County Auto Wreckers, Inc. is a full-service auto recycling facility provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Tri-City Auto Salvage

Greensboro, North Carolina, United States

Tri-City Auto Salvage, Inc. is a recycler and reseller of original equipment manufacturer (“OEM”) automotive products.

Buy $7M
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