Fenix Parts expands to California

Fenix Parent LLC, a Hurst, Texas-based recycler and reseller of original equipment manufacturer automotive parts operating as Fenix Parts, has completed its acquisition of the assets of Green Auto Parts & Recycling in Sun Valley, California, marking its entrance into the California market.

The company also has announced Edgar Akopyan will join Fenix Parts as director of business development, Southern California.

Green is a full-service automotive recycler servicing the Los Angeles market. The purchase brings Fenix’s location count to 26 full-service and five self-service locations.

“We are pleased to announce the acquisition of Green and excited about the addition of its experienced and talented team to the Fenix family,” Fenix Parts CEO Bill Stevens says. “This acquisition establishes Fenix’s footprint on the West Coast with a location strategically servicing the Los Angeles market. The LA market has one of the largest [metropolitan statistical areas] and highest vehicles per household in the U.S. We expect to expand our West Coast geographic reach with additional acquisitions, increasing both full-service production capacity and customer delivery networks.”

Stevens adds that he is happy to have Akopyan as part of the Fenix Parts’ team in Southern California. “Edgar has deep, established commercial relationships, and he will be leading our growth in this region," he says.

Fenix, which is owned by Stellex Capital, was founded in 2014 to create a network that offers sales, fulfillment and distribution of recycled auto parts in key regional markets in the U.S. Fenix operates locations in the Northeast, Southeast, Southwest, Midwest and Southern California, with its companies having been in business for more than 25 years on average.