Pull-A-Part Acquires The David J. Joseph Company's U-Pull-&-Pay Division

Pull-A-Part Acquires U-Pull-&-Pay

The acquisition adds 11 new locations to Pull-a-Part's U.S. portfolio.

Pull-A-Part, an automotive recycler and operator of 25 do-it-yourself (DIY) used auto parts retail stores and salvage yards, announced it has acquired U-Pull-&-Pay (UPAP), a wholly-owned subsidiary of The David J. Joseph Company (DJJ) and part of the Nucor family of steel and steel products companies.

This is the largest acquisition in Pull-A-Part’s history and an acknowledgement of the company’s commitment to growth and expansion in the U.S. Through this acquisition, Pull-A-Part will add 11 locations in the U.S., including its first locations in Colorado, Florida, New Mexico, and Pennsylvania. Pull-A-Part will now operate 36 locations in 16 states nationwide.

Rockefeller Capital Management acted as exclusive financial adviser to Pull-A-Part on the transaction. Arnall Golden Gregory LLP served as legal adviser on the transaction. The terms of the Pull-A-Part acquisition of U-Pull-&-Pay (UPAP) are not disclosed.

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