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NexaMotion Group completes acquisition of City Auto Supply to accelerate national expansion

Oct 31, 2024•9 months ago

Acquiring Company

NexaMotion Group

Acquired Company

City Auto Supply

Walton HillsSan FranciscoManufacturingAutomotive

Description

NexaMotion Group has completed its third acquisition of the year by acquiring City Auto Supply, a leading distributor of automotive parts and supplies. This acquisition is part of NexaMotion Group's national expansion plans and reinforces its commitment to providing top-quality parts and exceptional service in the aftermarket industry.

Company Information

Company

NexaMotion Group

Location

Walton Hills, Ohio, United States

About

NexaMotion Group is a leading company in the automotive aftermarket industry, committed to simplifying complex vehicle repair and delivering innovative solutions. With over 100 locations and 49 years of experience, NexaMotion Group has a strong presence and readily available supplies for automotive professionals.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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