JMH Capital Partners Announces Acquisition of GWA Auto Parts
JMH CAPITAL PARTNERS (JMH) is pleased to announce that it has acquired GWA Auto Parts ("GWA"), a leading automotive aftermarket parts distributor. Gregg Alper, GWA’s Founder, remains a shareholder and the company’s President with responsibility for day-to-day operations.
Launched in 2016, GWA Auto Parts (“GWA”) is an importer, distributor, and online retailer of private label automotive aftermarket parts. Selling under the AA Ignition® brand, GWA has undergone rapid growth in North America and established a leading presence through e-commerce channels, particularly in the Amazon marketplace.
JMH Capital specializes in buyouts and recapitalizations of middle market businesses with significant potential for growth and operating improvement. The firm’s strategy is to acquire industrial manufacturers, distributors, and service-related businesses that are growing at rates requiring substantial investment and infrastructure development, where JMH can utilize its extensive operating resources to drive increased growth and value during its ownership.
“The automotive aftermarket is a dynamic category experiencing a paradigm shift as direct-to-consumer e-commerce channels displace the traditional brick and mortar outlets. Many among the industry’s legacy distributors, retailers, and auto dealers recognize the importance of e-commerce, but struggle with developing the skills and strategies needed to succeed online,” said John Nies, Managing Partner at JMH. “Unencumbered by industry conventional wisdom, GWA is helping pioneer the penetration of e-commerce in the automotive aftermarket.”
Gregg Alper, President of GWA, commented, “GWA has been strategically building a catalog of the highest quality, highest rated automotive parts online. The partnership with JMH will allow us to accelerate our rate of organic and acquisitive catalog development and the pace of development of our organization.”
About JMH Capital
JMH Capital Partners is an operationally-oriented private equity firm dedicated to nurturing companies with excellent growth potential, but lacking the resources to double or triple their size. JMH invests in established businesses with $5 million to $100 million of revenue, a unique market position, and exceptional profit potential.