Richard Johnson | stock.adobe.com
Fenix Parent LLC, operating as Hurst, Texas-based Fenix Parts, a recycler and reseller of original equipment manufacturer (OEM) automotive parts, has acquired San Antonio-based Assured Auto Parts.
Fenix Parts says this move supports its efforts to grow its presence in Texas and says it will be enhancing its offerings.
RELATED: Fenix Parts acquires Pacific Rim Auto Parts
“We are incredibly excited to welcome Assured Auto Parts into the Fenix Parts family,” Fenix Parts CEO Bill Stevens says. “This acquisition broadens our geographic reach and enhances our ability to support customers in the state of Texas. We believe San Antonio and Austin’s dynamic and growing automotive market presents incredible opportunities. Fenix is eager to leverage Assured’s talented team and geographically advantaged location to deliver more options for consumers in both cities.
“I want to give a warm welcome to everyone at Assured Auto Parts. We look forward to what we will achieve together.”
RELATED: Stellex Capital Management refinances Fenix Parts
Fenix was founded in 2014 and currently operates locations in the Northeast, Southeast, Southwest, Midwest and Southern California.
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