Palladium

Kekst CNC reps Palladium Equity Partners and its joint venture affiliate, Palladium Heritage, on the acquisition of National Auto Parts, USA. Inc.;, NAP San Diego, LLC; and National Auto Parts-Oakland, LLC to form Collision Auto Parts LLC, a platform serving customers in the automotive aftermarket collision repair sector.

The goal of the deal is to grow the three companies and, over time, expand the combined entity’s base through further acquisitions and opening additional locations. Financial terms were not disclosed.

The newly formed company will serve markets in the Western U.S. with six distribution facilities and a base of over 3,000 customers comprised of regional body shops, multiple-shop operators and walk-ins. The new Company also has partnerships with insurance companies and is integrated with the major estimation platforms through which insurance companies and body shops source parts.

“We believe that this is a very strong platform upon which to build and in line with Palladium Heritage’s focus, we look forward to helping propel Collision Auto Parts to its next level of growth,” added Palladium Heritage partner Kate Lehman.

Kekst CNC’s Todd Fogarty and Jeffrey Taufield are handling media for the deal.