New York, NY and San Diego, CA, November 8, 2023— Collision Auto Parts LLC (“Collision Auto Parts” or “COL”), a premier distributor recognized for value-added aftermarket automotive collision repair parts across the Western U.S., has announced a significant expansion. The company has successfully acquired LC Automotive, Inc., operating as Eco Automotive Distributors (“ECO”), marking a strategic move to enhance its market presence and offerings, potentially within the growing sector of Eco Car Parts.
ECO, established in 1985 and based in Rohnert Park, CA, is a well-regarded distributor of aftermarket automotive parts. It serves the collision repair market extensively throughout San Francisco North Bay counties and surrounding areas. Eco Automotive Distributors has built a strong reputation for delivering exceptional service and robust customer support to its auto body shop clientele. This acquisition allows Collision Auto Parts to tap into ECO’s established network and customer relationships, further solidifying its footprint in Northern California and potentially expanding its reach in the distribution of eco car parts.
Ray Tsai, CEO of Collision Auto Parts, commented on the acquisition, stating, “We are thrilled to welcome ECO into the Collision Auto Parts family. ECO’s integration significantly broadens COL’s reach in Northern California, promising improved service coverage for our customers. This aligns perfectly with COL’s overarching ambition to be the leading aftermarket parts provider on the West Coast, possibly including a stronger focus on eco car parts in the future.”
This acquisition represents a key milestone for Collision Auto Parts, being the first add-on acquisition since partnering with Palladium Heritage in June 2023. This move signals a period of growth and strategic expansion for the company within the automotive aftermarket, potentially including a deeper dive into the eco car parts segment.
About Collision Auto Parts
Collision Auto Parts operates as a leading value-added distributor, specializing in both certified and non-certified aftermarket collision repair parts. The company’s network includes three entities with distribution centers across California and New Mexico. COL’s extensive product range includes essential components such as bumper covers, grilles, fender lines, hoods, tail lamps, head lamps, and various other parts crucial for vehicle repair. Leveraging a substantial fleet of delivery trucks, Collision Auto Parts ensures daily, reliable part delivery to its customer base. The company prides itself on nurturing long-term relationships with suppliers and maintaining an unwavering commitment to customer service. This dedication has fostered strong customer relationships with both national and regional Multi-Shop Operators (MSOs) and independent local collision repair providers. As the automotive industry evolves, Collision Auto Parts remains committed to adapting and potentially expanding its offerings in areas like eco car parts to meet future demands.
About Palladium Heritage
Palladium Heritage focuses on making strategic investments within the lower end of the middle market, primarily supporting the growth of business-to-business and industrial companies. It operates as a joint venture with Palladium Equity Partners, LLC. For more detailed information, please visit: www.palladiumequity.com.
For further information, please contact:
Collision Auto Parts: Ray Tsai, CEO [email protected]
Palladium Heritage: Lamar Horne, Managing Director [email protected]
Visit our websites for more information:
New website coming soon: https://colauto.com/
