M&A Deal Summary

NexaMotion Group Acquires PPi

On June 4, 2024, NexaMotion Group acquired automotive company PPi

Acquisition Highlights
  • This is NexaMotion Group’s 1st transaction in the Automotive sector.
  • This is NexaMotion Group’s 1st transaction in the United States.
  • This is NexaMotion Group’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-06-04
Target PPi
Sector Automotive
Buyer(s) NexaMotion Group
Deal Type Add-on Acquisition

Target

PPi

Pittsburgh, Pennsylvania, United States
PPi provides aftermarket auto parts to professional installers, repair shops, and dealerships in greater Pittsburgh and surrounding areas. PPi was formed in 1974 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

NexaMotion Group

Walton Hills, Ohio, United States
Category Company
Sector Automotive
DESCRIPTION

NexaMotion Group solves complex vehicle repairs by helping automotive professionals shift into high gear with next-level solutions and innovation. NexaMotion Group is based in Walton Hills, Ohio.

DEAL STATS #
Overall 1 of 3
Sector (Automotive) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Pennsylvania) 1 of 1
Country (United States) 1 of 3
Year (2024) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 4M Parts Warehouse

Cleburne, Texas, United States

4M Parts Warehouse supplies auto parts to customers and offers customer service. 4M Parts Warehouse was formed in 1978 and is based in Cleburne, Texas.

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