Topic
Mergers and Acquisitions

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What aftermarket companies could be sold in 2024?
January 12, 2024 by Adam Malik

After a flurry of activity in 2023, what other deals could be in store for 2024 in the Canadian automotive aftermarket? Canada saw a pair of distributor giants announce their sales in 2023 with LKQ’s acquisition of Uni-Select and O’Reilly…

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ASW Conversations: Canadian M&A: The Vast-O’Reilly deal and more
January 10, 2024 by Adam Malik

2023 finished off with some major news: O’Reilly Automotive announced it had acquired Groupe Del Vasto, which operates Vast-Auto Distribution. We spoke to a few industry experts about the implications of the deal. One of them was Kumar Saha, a…

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What experts have to say about the O’Reilly-Vast deal
December 20, 2023 by Adam Malik

The news that the Del Vasto family will sell their business to a U.S. giant has the Canadian automotive aftermarket talking. On Monday, O’Reilly Automotive announced it had agreed with Groupe Del Vasto shareholders to buy all of the company’s…

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Vast-Auto being acquired by O’Reilly
December 19, 2023 by Adam Malik

Another Canadian automotive aftermarket distributor has been sold to an American company. O’Reilly Automotive, based in Springfield, Missouri, announced yesterday that it had acquired Montreal’s Groupe Del Vasto, which operates as Vast-Auto Distribution. O’Reilly agreed to a stock purchase agreement…

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Epicor acquires last mile company
November 27, 2023 by Adam Malik

Epico announced it has acquired Elite Extra, a cloud-based last-mile delivery solutions provider. The deal, it said in an announcement, expands its ability to help customers across the make, move and sell industries simplify last-mile logistics and compete in a…

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Two coaching groups merge
November 23, 2023 by Adam Malik

The Institute for Automotive Business Excellence announced a merger Herzberg Smith & Co. Michael Herzburg Smith will join, Jimmy Lea as part of the institute leadership’s team as the chief strategy officer. He will spearhead the company’s expansion programs, fostering…

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Worldpac, Carquest could be up for sale
November 17, 2023 by Adam Malik

Advance Auto Parts announced it is beginning the process of looking into spinning off its Worldpac division and its Canadian business under the Carquest banner. The announcement came as the company has decided to focus on a “blended box business…

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The Mufflerman acquires five shops
November 16, 2023 by Adam Malik

Four Greater Toronto Area automotive repair and tire shops plus one in Guelph have been acquired by The Mufflerman. The five locations are under the EuroMechanic banner, specializing in repair, service and tires for European vehicles. They are co-branded with…

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What’s driving aftermarket acquisitions
November 3, 2023 by Adam Malik

It’s a healthy market for mergers and acquisitions, according to a new report that examined deals that have recently taken place in the United States. The U.S. automotive aftermarket is witnessing robust demand due to an aging car fleet, more…

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Key acquisitions considerations
October 24, 2023 by Adam Malik

Shop owners looking to grow need to do their homework. A pair of coaches offered some expertise on what to think about during the process at a recent training event. They need to figure out what kind of shop they…

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Uni-Select acquires Auto Parts Central
October 6, 2023 by Adam Malik

An award-winning network of central Canadian jobbers plus its supplier parent company have been acquired by Uni-Select. Auto Parts Central and Central Canada Industries, both owned by Wayne Maunula with presence in Ontario, Manitoba and Saskatchewan, are now part of…

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Vast-Auto adds three stores in Quebec
August 16, 2023 by Adam Malik

A trio of jobber stores are being added to the Vast-Auto network. Vast-Auto Distribution announced that it entered into an agreement to acquire all assets of Pièces d’Autos Victo and Freins Démarreurs Plessis, as well as the shares of Pièces…