Axalta Former Owner Carlyle Buys Worldpac from Advance

The Carlyle Group, which purchased Axalta Coating Systems in 2013 and later took it public, has agreed to purchase automotive parts wholesale distributor ...

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 ...

The transaction is expected to close before the end of the year. “We are pleased to announce the sale of the Worldpac business,” said Shane O' ...

Former Axalta owner buys OEM parts distributor from Advance Auto

Carlyle, a global investment firm and former owner of Axalta Coating Systems, is set to buy Worldpac Inc., an OEM automotive parts wholesale distribution ...

Carlyle Completes Worldpac Acquisition from Advance Auto Parts

CHICAGO, IL, November 4, 2024 – Worldpac, Inc. is announcing the completion of its acquisition by Carlyle (NASDAQ: CG), a global investment ...

Carlyle Carves Worldpac from Advance Auto

The $1.5 billion purchase price is equal to 15x Worldpac's TTM EBITDA · Worldpac sources its automotive parts from original equipment suppliers ...

Advance Announces Sale of Worldpac to Carlyle for $1.5B

Advance Auto Parts, Inc. announced that it has entered into a definitive agreement to sell Worldpac, Inc., to funds managed by global investment firm Carlyle ...

Tuesday Ticker: Advance Auto Parts sells Worldpac to former Axalta ...

The Worldpac unit will be sold to private equity firm Carlyle Group in cash, with the deal expected to close by the end of this year. Carlyle ...

Carlyle buys Advance Auto Parts distribution business Worldpac for ...

Global private investment firm Carlyle Group is to acquire Worldpac, the wholesale distribution business of North American automotive aftermarket parts ...

Carlyle Group to acquire Worldpac unit for $1.5bn

Carlyle Group to acquire Worldpac unit for $1.5bn ... Private equity giant Carlyle Group has announced it is to acquire Advance Auto Parts Inc.'s Worldpac unit ...

Carlyle to buy Advance Auto Parts unit - The Detroit News

Carlyle Group Inc. is acquiring Advance Auto Parts Inc.'s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more ...

Carlyle Group to acquire Worldpac from Advance Auto Parts for $1.5 ...

Carlyle Group Inc. is set to make a significant move in the automotive industry with its $1.5 billion acquisition of Worldpac from Advance ...

Advance Auto Parts Announces Closing of Sale of Worldpac to Carlyle

(NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself ...

Advance Auto Parts Sells Worldpac to Carlyle: A Strategic Shift ...

Carlyle Group, a private equity firm with a history of investing in industrial sectors, sees potential in Worldpac. Over the past two decades, ...

Advance Auto Parts to Sell Distributor Worldpac to PE Firm for $1.5B

Automotive aftermarket parts provider Advance Auto Parts (Advance) announced that it will sell Worldpac, Inc. to global investment firm Carlyle for $1.5 ...

Carlyle Acquires Worldpace from Advance Auto Parts for $1.5 Billion

Transaction Details. Over the last twelve months, at the end of the second quarter of 2024, the Worldpac business generated approximately $2.1 ...

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 ...

Advance Auto Parts sells Worldpac to Carlyle for $1.5B, simplifying structure and boosting liquidity. Learn how this strategic move impacts ...

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 ...

RALEIGH, N.C., August 22, 2024--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that ...

Carlyle Group to acquire Worldpac from Advance Auto Parts for $1.5 ...

Carlyle Group Inc. acquires Advance Auto Parts' Worldpac unit for ... Worldpac, a prominent wholesale distributor of original equipment ...

Advanced Auto Parts shares jump as Carlyle agrees to buy its ...

Carlyle Group (NASDAQ:CG) Inc. is acquiring Worldpac, a unit of Advance Auto Parts (NYSE:AAP) for $1.5 billion, the companies announced ...

Carlyle Group to acquire Worldpac from Advance Auto Parts for $1.5 ...

Carlyle Group Inc. is set to make a significant move in the automotive industry with its $1.5 billion acquisition of Worldpac from Advance Auto Parts Inc.