M&A Deal Summary

Fenix Parts Acquires Ocean County Auto Wreckers

On August 18, 2015, Fenix Parts acquired automotive company Ocean County Auto Wreckers

Acquisition Highlights
  • This is Fenix Parts’ 1st transaction in the Automotive sector.
  • This is Fenix Parts’ 1st transaction in the United States.
  • This is Fenix Parts’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2015-08-18
Target Ocean County Auto Wreckers
Sector Automotive
Buyer(s) Fenix Parts
Deal Type Add-on Acquisition

Target

Ocean County Auto Wreckers

Bayville, New Jersey, United States
Ocean County Auto Wreckers, Inc. is a full-service auto recycling facility provider.

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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 1 of 20
Sector (Automotive) 1 of 18
Type (Add-on Acquisition) 1 of 19
State (New Jersey) 1 of 1
Country (United States) 1 of 20
Year (2015) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-07 Butler Auto Sales and Parts

Forest City, North Carolina, United States

Butler Auto Sales and Parts, Inc. distributor of automotive parts.

Buy $8M