Autobody Jobbers Warehouse
Distributor of automotive paint and body supplies to the collision repair market
Automotive Systems Warehouse
Transaction Snapshot:
Service Type:
Sell-Side Advisory
Industry:
Distribution
Ownership:
Sponsor Owned
Location:
Pennsylvania
Buyer Type:
Strategic
Confluence Advisors, LLC (“Confluence”) served as the exclusive advisor to Automotive Systems Warehouse, LLC (“ASW”) with respect to its sale to National Oak Distributors, Inc. Terms of the transaction were not disclosed.
Headquartered in Pittsburgh, PA, ASW is a wholesale distributor of automotive paint, body and equipment (“PBE”) and professional tools and equipment. The Company was founded in 1978 and acquired by the management team and investors in 2021.
The Company sells to automotive paint storefront distributors (“jobbers”) and automotive parts stores. With a strong presence across the United States, ASW grew to eight strategically located warehouses. Since 2021, ASW doubled in revenue and EBITDA driven by greenfield expansions, acquisitions, a focus on national accounts and a broadened product portfolio.
Rodney King, President of Automotive Systems Warehouse shared, “Confluence Advisors was instrumental throughout the process, providing thoughtful guidance, rigorous preparation, and disciplined execution that allowed us to run an efficient process and confidently select the right partner for our Company. We were intentional in identifying a partner that truly understood our business, customers, and team, and National Oak Distributors proved to be the right fit for our legacy.”
“Automotive Systems Warehouse stands out as a high-quality business with a proven growth trajectory and a strong operational foundation. Its experienced management team and dedicated employees have created a platform well positioned for continued expansion.” Said Chris Harsch, Managing Director of Confluence Advisors.
National Oak Distributors, Inc. is a leading wholesale distributor of automotive body shop supplies, with 20 distribution centers supporting next day delivery to 95% of the U.S. National Oak Distributors is headquartered in West Palm Beach, Florida.
Headquartered in Pittsburgh, PA, ASW is a wholesale distributor of automotive paint, body and equipment (“PBE”) and professional tools and equipment. The Company was founded in 1978 and acquired by the management team and investors in 2021.
The Company sells to automotive paint storefront distributors (“jobbers”) and automotive parts stores. With a strong presence across the United States, ASW grew to eight strategically located warehouses. Since 2021, ASW doubled in revenue and EBITDA driven by greenfield expansions, acquisitions, a focus on national accounts and a broadened product portfolio.
Rodney King, President of Automotive Systems Warehouse shared, “Confluence Advisors was instrumental throughout the process, providing thoughtful guidance, rigorous preparation, and disciplined execution that allowed us to run an efficient process and confidently select the right partner for our Company. We were intentional in identifying a partner that truly understood our business, customers, and team, and National Oak Distributors proved to be the right fit for our legacy.”
“Automotive Systems Warehouse stands out as a high-quality business with a proven growth trajectory and a strong operational foundation. Its experienced management team and dedicated employees have created a platform well positioned for continued expansion.” Said Chris Harsch, Managing Director of Confluence Advisors.
National Oak Distributors, Inc. is a leading wholesale distributor of automotive body shop supplies, with 20 distribution centers supporting next day delivery to 95% of the U.S. National Oak Distributors is headquartered in West Palm Beach, Florida.