Continental Auto Parts has acquired Pro Parts Center, a leading distributor of aftermarket collision automotive parts, in a strategic move to expand its footprint in Texas and enhance growth opportunities.

Information on the Target

Continental Auto Parts ("CAP"), a portfolio company of Kinderhook Industries, has recently acquired K W Automotive Inc., operating as Pro Parts Center ("Pro Parts Center" or "PPC"). Established in 2007 and headquartered in Houston, Texas, Pro Parts Center is a premier distributor of aftermarket collision automotive parts. The company specializes in servicing multi-shop operators (MSOs) and independent collision repair shops across Texas, Louisiana, and Oklahoma. With three strategically positioned distribution centers, PPC has successfully expanded its operations organically, making it a significant player in the regional automotive parts industry.

Under the continued leadership of President Tommy Wong, Pro Parts Center aims to enhance its offerings and contribute to CAP's overall growth strategy. As part of the acquisition, Wong will oversee CAP’s Texas division, facilitating a seamless integration that is expected to elevate service levels and operational efficiencies.

Industry Overview in the Target’s Specific Country

The automotive aftermarket industry in the United States has shown consistent growth, driven by an increasing vehicle population and an aging vehicle fleet. This sector is expected to expand further, particularly in regions such as Texas, wh