Auto Parts 4 Less announced today it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, ahead of its returning to the auto parts industry.
RB Capital, under the leadership of Brett Rosen, has agreed to invest in Auto Parts 4 Less Group Inc. This collaboration is expected to provide the necessary resources for the company to achieve its strategic objectives and continue its growth trajectory, the company said.
Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to partner with RB Capital in this exciting new chapter for AutoParts4Less. This investment is a testament to the confidence in our vision and the potential of our platform. We are committed to leveraging this partnership to drive value for our shareholders and customers, and to further our mission of disrupting the auto parts industry.”
“We are excited to support Auto Parts 4 Less Group Inc. as they continue to innovate and grow. The leadership team, led by Christopher Davenport, has demonstrated a strong commitment to the company’s success, and we believe in their ability to lead the industry. We look forward to being a part of Auto Parts 4 Less’s journey and contributing to its future achievements,” said Brett Rosen, principal of RB Capital.