XPEL - M&A Summary and Business Overview

AutomotiveCompany

XPEL M&A Summary

XPEL has acquired 19 companies, including 9 in the last 5 years. It has also divested 2 assets.

XPEL’s largest acquisition to date was in 2020, when it acquired Protex Canada for $2M. It’s largest disclosed sale occurred in 2009, when it sold XPEL Canada to Nuno Ferreira Cargas Internacionais for $669M. XPEL has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include automotive (37%) and distribution (27%).

XPEL Business Overview

Where is XPEL headquartered?

XPEL is headquartered in San Antonio, Texas.

What is XPEL’s revenue?

XPEL disclosed revenue of 324M USD for 2022 and 259M USD for 2021.

How many employees does XPEL have?

XPEL has 330 employees.

What sector is XPEL in?

XPEL is an automotive company.

When was XPEL founded?

XPEL was founded in 1997.

M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity19
    • M&A Sell Activity2
  • Total Sectors Invested 8
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 1

XPEL

XPEL, Inc.

618 West Sunset Road,
San Antonio, Texas 78216
United States,
(210) 678-3700
www.xpel.com

XPEL is a producer of automotive paint and headlamp protection films with over 70,000 vehicle-specific applications and a worldwide network of trained installers. Xpel was founded in 1997 and is based in San Antonio, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.8/yr) # 10 2 7 - - - 19
vol $2M $2M
Sell (0.0/yr) # 2 - - - - - 2
vol $669M $669M
  21

Most Recent M&A

Company Date Value Type
invisiFRAME Ltd. 2021-11-01 - Add-on Acquisition
Shropshire, United Kingdom · www.invisiframe.co.uk
Shadow Shield 2021-10-01 - Add-on Acquisition
Calgary, Alberta · www.shadowshield.ca
Shadow Tinting Ltd. 2021-10-01 - Add-on Acquisition
Calgary, Alberta · www.shadowtinting.ca
North 1 Technologies, Inc. 2021-10-01 - Add-on Acquisition
Calgary, Alberta · www.filmwraps.com
1 One Armor, Inc. 2021-10-01 - Add-on Acquisition
Scottsdale, Arizona · www.onearmor.com
TintNet, Inc. 2021-10-01 - Add-on Acquisition
Scottsdale, Arizona · www.tintnet.com
Veloce Innovation, Inc. 2021-01-11 - Add-on Acquisition
Houston, Texas · www.veloceinnovation.com
France Auto Racing 2020-09-28 - Add-on Acquisition
Ouges, France · www.franceautoracing.fr
Protex Canada 2020-01-30 2M CAD Add-on Acquisition
Terrebonne, Quebec · www.protexcanada.com
Apogee Corporation 2018-11-13 - Add-on Acquisition
, Taiwan
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 7 (37%) 2M (100%) - -
Distribution 5 (26%) - - -
Business Services 2 (11%) - - -
Chemicals 1 (5%) - 1 (50%) -
Software 1 (5%) - 1 (50%) 669M (100%)
Construction 1 (5%) - - -
Consumer Products 1 (5%) - - -
Manufacturing 1 (5%) - - -
Total 19 $2M 2 $669M

By Geo

State/Country Buy Value Sell Value
United States 8 - - -
  Texas 2 - - -
  Arizona 2 - - -
  Ohio 1 - - -
  Nevada 1 - - -
  Idaho 1 - - -
  California 1 - - -
Canada 5 2M 1 669M
  Alberta 3 - 1 669M
  Quebec 2 2M - -
United Kingdom 3 - 1 -
France 1 - - -
Netherlands 1 - - -
Taiwan 1 - - -
Domestic 8 (42%) - - -
Cross-border 11 (58%) 2M (100%) 2 (100%) 669M (100%)
Total 19 $2M 2 $669M

Deal Values

buy # Total
< $100M 1 $2M
TOTAL $2M
Largest Protex Canada
$2M (2020-01-30)
sell # Total
$100M to $1B 1 $669M
TOTAL $669M
Largest XPEL Canada Corp.
$669M (2009-10-02)

M&A Connections

Deals
Divested to
Strategic(s)
50%
1 (50%)

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