NEW YORK, Nov. 18, 2021 /PRNewswire/ — Sentinel Funds Associates, a personal equity organization that invests in promising midmarket businesses, right now announced its acquisition of Empire Auto Components, a foremost specialty distributor of aftermarket collision areas. Terms of the offer have been not disclosed.
Headquartered in Totowa, New Jersey, Empire operates 5 distribution hubs and 22 satellite delivery destinations across 16 contiguous jap states. With a broad assortment of leading-excellent merchandise and a fleet of automobiles delivering exact-working day or up coming-working day shipping, Empire delivers unmatched support to its collision heart partners. Empire’s products offering covers extra than 40,000 elements, together with bumper addresses, lamps, hoods, fenders, trunk lids, grills, bezels, door mirrors, and other items.
“Since its founding in 1985, Empire has constructed a reputation of supplying ideal-in-course provider through a hub-and-spoke design which now extends up and down the east coastline,” said Owen Basham, a Sentinel principal. “The Empire crew has founded a expansion playbook centered on delivering a greater buying experience coupled with broad pieces availability. We search forward to doing the job with Empire’s talented crew as they enter their future chapter of growth.”
“We are energized to companion with Sentinel as Empire continues to increase in just the large and rising collision components current market,” mentioned Christopher Siebert, Empire’s CEO. “We have been wanting for four specific requirements when it came to choosing our future lover: support of our strategic eyesight, an intense growth orientation, a potent cultural fit with our staff, and market know-how and abilities. Sentinel checked all four bins.”
Sentinel has considerable sector experience in the motor vehicle aftermarket. Investments incorporate Cottman Transmission (transmission mend facilities), Holley Overall performance Solutions (automotive performance pieces for fans), Nivel Pieces (aftermarket golf automobile pieces and components), and Vintage Parts (sluggish-shifting and inactive OEM pieces).
About Sentinel Capital Companions
Sentinel specializes in purchasing and constructing midmarket firms in the United States and Canada in partnership with management. Sentinel targets aerospace and defense, business providers, shopper, distribution, food stuff and dining establishments, franchising, healthcare, and industrial companies. Sentinel invests in administration buyouts, recapitalizations, corporate divestitures, going-personal transactions, and structured equity investments of recognized corporations with EBITDA of up to $80 million. Sentinel also invests in distinctive cases, including balance sheet restructurings, operational turnarounds, and minority junior money remedies. For much more data about Sentinel, stop by www.sentinelpartners.com.
About Empire Vehicle Pieces
Empire is a top specialty distributor of aftermarket collision car parts. Headquartered in Totowa, New Jersey, Empire gives more than 40,000 qualified and non-licensed parts to car collision mend customers during the East Coastline from 27 strategically found hubs and supporting satellite spots. Empire is a member of the Accredited Automotive Elements Affiliation (CAPA) and the Automotive Overall body Sections Association (ABPA). To master extra, pay a visit to www.empireautoparts.com.
Contact: Roland Tomforde
Resource Sentinel Funds Associates
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