-
Welcome to Auto Parts Forum
Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn.
NexaMotion Group Continues Expansion Efforts in Pennsylvania
-
Similar Topics
-
-
By Counterman
NexaMotion Group (NMG) announced it has opened a new C&M Auto Parts location in Beltsville, Maryland. The new store is located at 6405 Ammendale Road. The company said C&M Auto Parts provides a complete range of automotive aftermarket parts, expertly catering to the diverse needs of repair shops in the local market.
A news release announcing the opening explained that, in collaboration with its sister
link hidden, please login to view company, Transtar Aftermarket Solutions, this facility offers customers a customized product selection that simplifies complex vehicle repairs to keep the world moving. The company said that providing access to both general repair and transmission parts delivers a comprehensive solution for all automotive needs. “Investing in the expansion of our acquired brands helps them grow their footprint,” said Neil Sethi, CEO of
link hidden, please login to view. “This new location for C&M reflects NexaMotion’s strategic vision to proactively grow our markets and deliver unmatched value to our customers,” he said. The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
Participating members of the
link hidden, please login to view are once again supporting the U.S. Marine Corps Reserve Toys for Tots campaign by collecting toys and monetary contributions for deserving children in their local areas. “Our partnership with Toys for Tots resonates with
link hidden, please login to view membership. They have enthusiastically taken on its mission and have raised awareness of this wonderful program within their communities,” said John Marcum, director of marketing at Federated Auto Parts. “Their dedication has turned Toys for Tots into an impactful, year-round initiative. We extend our gratitude to the Federated Alliance, The Pronto Network and our supplier partners for their continued generosity and support of the campaign.” Since partnering with the U.S. Marine Corps Reserve Toys for Tots Program in 2012, The Group, its members and vendor partners have helped raise over $4 million for Toys for Tots. In addition to toy donations at participating locations, financial contributions can be made online by visiting The Group website at
link hidden, please login to view and clicking on “Make a Donation.” Donors can use a credit card securely or print out a form and mail it with a check made payable to Toys for Tots. Since 1947, the Marine Toys for Tots Foundation has distributed more than 652 million toys to more than 291 million children.
“All donations made online or at participating member locations are distributed in the area where the toys and money are collected, helping make the holidays brighter for deserving children in their own communities,” said Marcum.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
NexaMotion Group (NMG) announced the acquisition of
link hidden, please login to view, NexaMotion’s third acquisition of the year. The company has a total of three wholesale distributor locations: two in San Francisco, CA, and one in Honolulu, HI. City Auto Supply was represented by Schwartz Advisors, and the terms were not disclosed. City Auto Supply is a U.S. veteran-owned corporation founded in the San Francisco Bay Area in 1986. The company carries over 100,000 individual parts and is a leading distributor of automotive parts and supplies to the auto repair industry, the company said.
“An organization like
link hidden, please login to view is a great partner for City Auto Supply customers and team members. Our business is strategically aligned with NexaMotion Group and its leaders, and most importantly, we share the same values,” City Auto Supply Owner Larry Chew said. “NexaMotion Group and its subsidiaries are known for providing top-quality parts and exceptional service in the aftermarket industry.” “This marks our fifth acquisition in the general repair space over the past 18 months, and we’re just getting started,” Neil Sethi, president and CEO of
link hidden, please login to view, said. “Our mission has always been to simplify complex vehicle repair, and with each acquisition, we strengthen our ability to serve customers more effectively. We’re eager for what the future holds as we continue to expand and innovate.” The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view 
-
By Counterman
link hidden, please login to view announced the launch of link hidden, please login to view, a new automotive aftermarket distribution platform. The launch coincides with Driven Distribution Group’s acquisition of the auto parts and accessories distribution business of Chicago Parts & Sound, following the recapitalization of Tri-State Enterprises, Inc. in November 2023. Financial terms of the transaction were not disclosed. By bringing together CPS and Tri-State under the Driven Distribution Group umbrella, HCI said it “aims to establish a leading platform in the automotive aftermarket industry by equipping its brands with shared resources, strategic vision, investment and advanced technology to enable its companies to deliver best-in-class customer service.” Both CPS and Tri-State will continue to operate under their respective brands, while benefiting from the shared resources of the Driven Distribution Group platform.
“We are thrilled to welcome the CPS team to the Driven Distribution platform. Consistent with our original platform thesis, CPS represents a geographically strategic beachhead in the Midwest and is a great complement to Tri-State’s existing product categories. We look forward to working together to achieve our shared vision for growth,” said Scott Gibaratz, partner at HCI.
Chicago Parts & Sound, based in Elk Grove Village, IL, with additional locations in Illinois and Wisconsin, is a warehouse distributor focused on automotive aftermarket parts, batteries, consumables, and accessories. The company serves auto dealerships, independent repair shops, municipalities/governments and company fleets.
Bob Lederer, co-owner of CPS, said, “the growth of Tri-State Enterprises parallels that of CPS – just in a different part of the country. Opportunities to combine businesses of such similar backgrounds, culture, and customer focus make tremendous sense for all stakeholders in each company.”
“We are extremely impressed with the stellar business and established market reputation Bob and Jackie Lederer have built over the past 22 years. The combination of CPS and Tri-State as part of the Driven Distribution Group platform will enable us to expand our resources and capabilities to better serve our employees and customers,” said Tristan Taylor, CEO of Tri-State.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now