Fenix Parts completes acquisition of auto recyclers in New York

Fenix Parent LLC, operating as Fenix Parts, a recycler and reseller of original equipment manufacturer automotive parts in Hurst, Texas, has completed its acquisition of assets of A&P Auto Parts and U-Pull U-Save Auto Parts in central New York.   

Fenix says this is its largest acquisition since the company was acquired by affiliates of Stellex Capital Management LLC in 2018.  

“We are thrilled to announce the acquisition of A&P and their sister company U-Pull U-Save,” says Bill Stevens, CEO of Fenix Parts. “We are excited about the addition of its experienced and talented team to the Fenix family. This acquisition expands Fenix’s existing footprint in New York, adding full and self-service operations and further solidifies our industry-leading Northeast position.”  

A&P is a full-service automotive recycler serving the Syracuse and Rochester markets with locations in Cicero and Palmyra, New York. U-Pull U-Save is a self-service automotive recycler servicing the Syracuse market in East Syracuse, New York. Fenix says the companies will retain their staff.  

“The Abold family of companies, A&P Auto Parts, A&P Auto Parts Rochester and U-Pull U-Save are proud to join the Stellex-sponsored Fenix organization,” says William Abold, owner of A&P. “The infrastructure, dedication to succeed, leading-edge technology and professionalism of Fenix and its officers and employees are truly impressive.”  

Fenix Parts says it continues to pursue opportunities that align with its strategic development plans. Current auto recycling owners interested in learning more about Fenix’s acquisition process should email info@fenixparts.com.