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Continental Auto Parts Acquires Pro Parts Center


Newark, NJ – Continental Auto Parts (“CAP”), a portfolio company of Kinderhook Industries (“Kinderhook”), announced the acquisition of K W Automotive Inc. dba Pro Parts Center (“Pro Parts Center” or “PPC”). Pro Parts Center is a leading distributor of aftermarket collision automotive parts to multi-shop operators (“MSOs”) and independent collision shops in Texas, Louisiana, and Oklahoma. Financial terms of the transaction were not disclosed. This acquisition represents CAP’s first add-on since partnering with Kinderhook and Kinderhook’s 227th automotive / light manufacturing transaction since inception.

Founded in 2007, Pro Parts Center is a Houston, Texas based warehouse distributor of aftermarket collision automotive parts primarily to collision centers. Through its network of three distribution centers, PPC serves MSOs and independent collision shops in Texas, Louisiana, and Oklahoma. PPC has expanded organically through the opening of its three strategically located hubs across Texas. Tommy Wong will remain the President of Pro Parts, and will lead the Texas division for CAP.

Thomas Lee, Founder and President of Continental Auto Parts, stated, “This acquisition provides tremendous opportunity for CAP to expand its footprint to new markets. This partnership will catalyze growth and elevate our collective standing in the market with both customers and suppliers. With a shared dedication to our customers, our focus continues to be enhancing the customer experience and delivering value.”

“This marks an exciting chapter in our company’s journey, unlocking new possibilities and opportunities for growth,” said Tommy Wong, President of Pro Parts Center. “As we integrate Pro Parts Center into the CAP ecosystem, I am genuinely excited about the fresh perspectives and energy it brings to our organization.”

Paul Cifelli, Managing Director at Kinderhook, said, “With a proven track record of success, the acquisition of Pro Parts Center is highly strategic and positions CAP for the next phase of expansion with Kinderhook. We are excited to enter the Texas market which stands to benefit from strong demographic trends in its region as well as secular trends in the industry to accelerate CAP’s growth trajectory.”

Fredrikson & Byron, P.A. served as legal counsel to Kinderhook for the transaction. Akin Gump Strauss Hauer & Feld LLP served as legal counsel to Pro Parts Center for the transaction. Financing for the transaction was provided by Truist Bank, TD Cowen, and Stifel Financial Corp.

About Kinderhook Industries

Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised $5.7 billion of committed capital. We have made in excess of 425 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, business services / environmental and light manufacturing / automotive sectors. For more information, please visit https://www.kinderhook.com

About Continental Auto Parts

Founded in 1997, Continental Auto Parts is an aftermarket collision automotive parts distribution company headquartered in Newark, New Jersey. CAP primarily serves multi-shop operators (“MSOs”) and independent collision shops in the New Jersey, New York, Pennsylvania, Ohio, and Texas markets. Continental Auto Parts maintains extensive product coverage across categories, makes, and models to ensure first-call status with its customers. For more information, please visit https://www.continentalparts.com/

About Pro Parts Center

Founded in 2007, Pro Parts Center is an aftermarket collision automotive parts distribution company headquartered in Houston, Texas. Through its network of three distribution centers, PPC serves multi-shop operators (“MSOs”) and independent collision shops in Texas, Louisiana, and Oklahoma. For more information, please visit http://www.propartscenter.com/

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