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By Counterman
Auto-Wares announced the hiring of James Bannister as the company’s new director of training. The company said he will lead training efforts and focus on empowering employees and customers through comprehensive learning and development programs. Auto-Wares added Bannister’s role is essential in ensuring its teams across stores, warehouses, and corporate functions have the skills, knowledge, and tools needed to meet Auto-Wares’ strategic goals.
According to the company, Bannister brings over 20 years of experience in leadership and process optimization. His career spans roles in operations and training.
link hidden, please login to view added that he’s known for crafting innovative training programs that drive growth and develop teams across industries, including Fortune 500 companies. After starting his career as a technician and achieving ASE Master Certification, Bannister has also worked as a technical product specialist, shop foreman and operations manager.
link hidden, please login to view emphasized he has consistently demonstrated his ability to lead, mentor and develop impactful training programs, backed by his Automotive Technology degree from Lincoln Technical Institute. The post
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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
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By Counterman
link hidden, please login to view announced the completion of the previously announced acquisition of AX V Nissens III APS ( link hidden, please login to view), European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control technologies. Under the terms of the agreement, SMP has acquired all the issued and outstanding shares of Nissens for approximately $390 million (€360 million), net of cash and assumed debt and subject to post-closing adjustments, from Nordic private equity firm Axcel and the Nissen family, according to a news release announcing the acquisition.
“We are very pleased to announce the closing of the Nissens acquisition. With this combination, we create an aftermarket leader in North America and Europe across our key product categories. The strength of Nissens’ leadership team and overall cultural fit will allow for immediate collaboration on opportunities for growth through cross-selling as well as bi-directional synergies with significant savings potential. We welcome Nissens and its employees to the SMP family,” said Eric Sills,
link hidden, please login to view‘ chairman and CEO. The post
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By Counterman
Mevotech announced the release of 239 new part numbers, featuring TTX front lower forward control arms for police vehicles. The company said the parts are engineered for late-model Ford Explorer and Ford Police Interceptor Utility vehicles. A news release from
link hidden, please login to view explained the parts come with three exclusive patented technologies to withstand severe conditions, including high heat and heavy loads. A full replacement kit of Repel-TEK coated hardware—including the frame bolts—is supplied to speed up installation, the company said.
link hidden, please login to viewadded that it is releasing 40 additional products, including parts for late-model Ford pickups and SUVs, such as ball joints from the Supreme and TTX lines, as well as TTX inner tie rod ends. Key release highlights, according to Mevotech, include:
2024-2020 FORD EXPLORER 2023-2020 FORD POLICE INTERCEPTOR UTILITY CTXMS401286/CTXMS401287
Front L/R Lower Forward Control Arm
Patented greaseable and self-lubricating sintered Dynamic Control Bearing optimizes service life and increases durability. Exclusive patented Bi-Metallic technology allows sintered bearings to be used in unitized aluminum control arms. Patented locking multi-lipped dust boot design seals out contaminants and protects internals. Added knurling to the bushing sleeve improves retention to the vehicle frame. Repel-TEK anti-corrosion coated hardware, including vehicle frame bolt, makes installation quick and easy. 2024-2021 FORD F-150
TXMS40554 Front Upper Ball Joint
Patented greaseable and self-lubricating sintered Dynamic Control Bearing and Directional Bearing optimize part life and durability. Patented locking multi-lipped dust boot seals out contaminants. Entire part is protected by Repel-TEK anti-corrosion formula. Repel-TEK anti-corrosion coated hardware included makes installation a snap. 2023-2021 FORD BRONCO
TXMS40560 Front Upper Ball Joint
Patented greaseable and self-lubricating sintered Dynamic Control Bearing optimizes part service life for vehicles often used as working trucks. Patented locking multi-lipped dust boot prevents contaminant ingress. Thicker housing flange improves part strength. Repel-TEK anti-corrosion formula protects entire part and hardware. 2024-2021 FORD F-150
2024-2022 FORD EXPEDITION TXMS40785
Front Inner Tie Rod End
Enhanced bearing material improves part strength and longevity. Included jam nut, dust boot and dust boot clamps ensure a complete install. “Zip-tie” style rack end clamp enables a quicker fitting. Repel-TEK anti-corrosion coating on entire assembly makes future alignments easier. Pre-applied thread locking compound reduces assembly time Additional application: 2024-2022 Lincoln Navigator. 2023-2020 FORD RANGER
MS40564 Front Lower Ball Joint
Greaseable and self-lubricating sintered bearings replace OE-style plastic for increased durability. Upgraded multi-lip boot design wicks away contaminants and protects internals. Bootstaller tool enables precise and secure fitting in three easy steps. Entire part, hardware and bootstaller are anti-corrosion coated to extend service life. The post
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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.
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