M&A Deal Summary

LKQ Acquires Greenlight Automotive

On March 16, 2021, LKQ acquired automotive company Greenlight Automotive

Acquisition Highlights
  • This is LKQ’s 20th transaction in the Automotive sector.
  • This is LKQ’s 29th transaction in the United States.
  • This is LKQ’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2021-03-16
Target Greenlight Automotive
Sector Automotive
Buyer(s) LKQ
Deal Type Add-on Acquisition

Target

Greenlight Automotive

Lincoln, Nebraska, United States
Greenlight Automotive provides mobile automotive diagnostic and programming solutions for commercial repair, collision, and sales facilities. Greenlight Automotive is based in Lincoln, Nebraska.

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Buyer(S) 1

Buyer

LKQ

Chicago, Illinois, United States
Category Company
Founded 1998
Sector Automotive
Employees49,000
Revenue 12.8B USD (2022)
DESCRIPTION

LKQ is a provider of alternative collision replacement parts and also a provider of recycled engines and transmissions and remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ was founded in 1998 and is based in Chicago, Illinois.

DEAL STATS #
Overall 43 of 45
Sector (Automotive) 20 of 20
Type (Add-on Acquisition) 38 of 40
State (Nebraska) 1 of 1
Country (United States) 29 of 30
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Elite Electronics

Richardson, Texas, United States

Elite Electronics specializes in various automotive diagnostic and repair services. Elite Electronics’ technical solutions are both mobile and on-site and are provided to automotive collision and mechanical repair facilities that are facing the rapidly expanding vehicle diagnostics and calibration marketplace.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-25 Green Bean

Raleigh, North Carolina, United States

Green Bean is a hybrid battery reconditioner and installer, which has developed a proprietary hybrid battery reconditioning process that creates a more reliable battery while simultaneously extending its useful life. Green Bean acquires hybrid battery cores from multiple sources, including LKQ, and reconditions them at its state-of-the-art facilities across eight trading zones located throughout the United States. Green Bean was founded in 2015 and is based in Raleigh, North Carolina.

Buy -
Mergr

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