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NexaMotion Group completes acquisition of City Auto Supply to accelerate national expansion

Oct 31, 2024•about 1 year ago

Acquiring Company

NexaMotion Group

Acquired Company

City Auto Supply

ClevelandSan FranciscoAutomotiveManufacturingAutomotive

Description

NexaMotion Group has completed its third acquisition of the year by acquiring City Auto Supply, a leading distributor of automotive parts and supplies. This acquisition is part of NexaMotion Group's national expansion plans and reinforces its commitment to providing top-quality parts and exceptional service in the aftermarket industry.

Company Information

Company

NexaMotion Group

Location

Cleveland, Ohio, United States

About

NexaMotion Group is a dynamic organization in the automotive aftermarket, uniting a diverse family of brands including Transtar Aftermarket Solutions, Arch Auto Parts, C&M Auto Parts, PPi Automotive, City Auto Supply, 4M Parts Warehouse, Transend Auto Tech, Pro-King Automotive Products and Recon. Driven by its mission to simplify complex vehicle repair to keep the world moving, NexaMotion Group focuses on delivering efficient distribution and seamless online ordering solutions. Building on a legacy of expertise and innovation, the group is dedicated to empowering repair professionals and ensuring vehicles stay on the road.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed