Eastern Warehouse Distributors And Parts Authority Acquire The Assets Of 11 Cal’s National Auto Parts Supply Locations
Eastern Warehouse Distributors will retain eight of the locations as part of the ongoing growth of its wholesale aftermarket auto parts business. The remaining three locations will be retained by Parts Authority.
Eastern Warehouse Distributors Takes On Equity Partner
The Jordan Co., a private equity firm that specializes in buying and building companies in partnership with the existing owners and management teams, has invested a majority stake in the business through its automotive parts distribution platform. In 2016, The Jordan Co. also invested in Parts Authority.