M&A Deal Summary

Goldy Metals Acquires Fenix Parts - Canadian Operations of Recycling & Reselling OEM Automotive Products

On March 13, 2019, Goldy Metals acquired automotive company Fenix Parts - Canadian Operations of Recycling & Reselling OEM Automotive Products from Fenix Parts

Acquisition Highlights
  • This is Goldy Metals’ 1st transaction in the Automotive sector.
  • This is Goldy Metals’ 1st transaction in the United States.
  • This is Goldy Metals’ 1st transaction in Illinois.

M&A Deal Summary

Date 2019-03-13
Target Fenix Parts - Canadian Operations of Recycling & Reselling OEM Automotive Products
Sector Automotive
Buyer(s) Goldy Metals
Sellers(s) Fenix Parts
Deal Type Divestiture

Target

Fenix Parts - Canadian Operations of Recycling & Reselling OEM Automotive Products

Westchester, Illinois, United States
Fenix Parts, Inc. - Canadian Operations is a recycler and reseller of OEM automotive products.

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Buyer(S) 1

Buyer

Goldy Metals

Carmel, Indiana, United States

Category Company
Sector Environmental
DESCRIPTION

Goldy Metals LLC is a scrap metals company. Goldy Metals provides broker, process, toll, chop and export all types of metals. Goldy Metals LLC is based in Carmel, Indiana.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

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 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-16 Cox Truck and Van - Certain Assets

Gainesville, Georgia, United States

Cox Truck and Van, Inc. - Certain Assets is a recycler original equipment manufacturer automotive products.

Buy -