Fenix Parent LLC, operating as Fenix Parts, a leading recycler and reseller of original equipment manufacturer automotive parts, has completed its acquisition of the assets of A&P Auto Parts and U-Pull U-Save Auto Parts in central New York. This is the largest acquisition completed by Fenix Parts since the company was acquired by affiliates of Stellex Capital Management LLC in April 2018.
A&P is a full service automotive recycler servicing the Syracuse and Rochester markets with locations in Cicero and Palmyra. U-Pull U-Save is a self-service automotive recycler servicing the Syracuse market with a location in East Syracuse.
Bill Stevens, chief executive officer of Fenix Parts, said, “We are thrilled to announce the acquisition of A&P and their sister company U-Pull U-Save. We are excited about the addition of its experienced and talented team to the Fenix family. This acquisition expands Fenix’s existing footprint in New York, adding both full and self-service operations, and further solidifies our industry-leading Northeast position. I want to give a special welcome to the incredible team at both A&P and U-Pull U-Save, we sincerely look forward to working with you.”
Fenix Parts continues to pursue opportunities that align with its strategic development plans.
Published in the September 2022 Edition