M&A Deal Summary

The Carlyle Group Acquires Worldpac

On November 4, 2024, private equity firm The Carlyle Group acquired distribution company Worldpac from Advance Auto Parts for 1.5B USD

Acquisition Highlights
  • This is The Carlyle Group’s 7th transaction in the Distribution sector.
  • This is The Carlyle Group’s 47th largest (disclosed) transaction.
  • This is The Carlyle Group’s 349th transaction in the United States.
  • This is The Carlyle Group’s 55th transaction in California.

M&A Deal Summary
Date 2024-11-04
Target Worldpac
Sector Distribution
Buyer(s) The Carlyle Group
Sellers(s) Advance Auto Parts
Deal Type Divestiture
Deal Value 1.5B USD

Target

Worldpac

Newark, California, United States
Worldpac imports and distributes original equipment (OE) and quality aftermarket replacement automotive parts for independent service professionals. The Company offers more than 110,000 part numbers at one source for 41 import and domestic carlines. Worldpac was founded in 1995 and is based in Newark, California.

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Buyer(S) 1

Buyer

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.

DEAL STATS #
Overall 743 of 744
Sector (Distribution) 7 of 7
Type (Divestiture) 72 of 72
State (California) 55 of 55
Country (United States) 349 of 349
Year (2024) 2 of 3
Size (of disclosed) 47 of 137
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-23 StandardAero

Scottsdale, Arizona, United States

StandardAero is an independent maintenance, repair, and overhaul (MRO) provider. The Company offers extensive MRO services and custom solutions for business aviation, commercial aviation, military, and industrial power customers. StandardAero is based in Scottsdale, Arizona.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 Kyoden

Nagano, Japan

Kyoden provides PCB's for wireless communications in Japan, Asia, and Europe. Kyoden was founded in 1983 and is based in Nagano, Japan.

Buy -

Seller(S) 1

SELLER

Advance Auto Parts

Raleigh, North Carolina, United States
Category Company
Founded 1929
Sector Retail
Employees40,000
Revenue 11.3B USD (2023)
DESCRIPTION
Advance Auto Parts store in Destin, Florida.
Advance Auto Parts store in Destin, Florida.

Advance Auto Parts is an automotive aftermarket retailer of parts, accessories, batteries, and maintenance items, serves both the do-it-yourself and professional installer markets. Advance Auto was incorporated in 1929 and is headquartered in Raleigh, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Transform Holdco - DieHard Brand

Hoffman Estates, Illinois, United States

Transform Holdco LLC - DieHard Brand's enable Advance the right to sell DieHard batteries into other automotive and vehicular categories.

Buy $200M
Mergr

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