M&A Deal Summary

PartsASAP Acquires H&R Parts

On April 15, 2020, PartsASAP acquired retailer H&R Parts

Acquisition Highlights
  • This is PartsASAP’s 1st transaction in the Retail sector.
  • This is PartsASAP’s 2nd transaction in the United States.
  • This is PartsASAP’s 1st transaction in New York.

M&A Deal Summary

Date 2020-04-15
Target H&R Parts
Sector Retail
Buyer(s) PartsASAP
Deal Type Add-on Acquisition

Target

H&R Parts

Buffalo, New York, United States
H&R Parts is an independent value-added dismantler and supplier of new, used, reconditioned, and rebuilt heavy equipment parts to OEM dealers, wholesalers, and retailers. H&R was founded in 1984 and is based in Buffalo, New York.

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Buyer(S) 1

Buyer

PartsASAP

De Soto, Iowa, United States

Category Company
Founded 1998
Sector Retail
DESCRIPTION

PartsASAP is a supplier of used, rebuilt and aftermarket parts (collectively, “Alternative Parts”) for all makes and models of tractors, combines, and other farm machinery. The Company is a buyer of salvage agriculture equipment in the U.S. and maintains an extensive inventory of parts to support all OEM brands. ASAP provides a compelling value proposition to its customers based upon the price, availability, and warranty on its parts. PartsASAP was founded in 1998 and is based in De Soto, Iowa.


DEAL STATS #
Overall 2 of 10
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 2 of 10
State (New York) 1 of 1
Country (United States) 2 of 9
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 Kern County Tractor Parts

McFarland, California, United States

Kern County Tractor Parts, Inc. is a provider of used, new aftermarket and remanufactured parts for the agricultural industry. Kern, which has been in operation for over 30 years, stocks replacement parts for tractors, skid steers, combines, headers, planters, drills, skid steers, harvesting equipment, tillage products, and much more. Kern provides equipment for leading agricultural brands including John Deere, New Holland, International, Isuzu, Kubota, Bobcat, Case, Caterpillar, Continental, Cummings, Mahindra, Massey Ferguson, and McCormick, among many others.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 Combine World

Alexander, Manitoba, Canada

Combine World, Inc. is a supplier of new, used, and reconditioned farm and light construction equipment and replacement parts. Combine World specializes in alternative parts for combines.

Buy -