Blue Point Capital Partners and its portfolio company, Transtar Holding Company, are excited to announce the acquisition of 4M Parts Warehouse and City Auto Supply. These well-established automotive parts wholesale distributors will join Transtar’s NexaMotion Group (NMG), a collection of innovative, industry-leading aftermarket businesses dedicated to providing exceptional distribution and e-commerce solutions for valued customers.
These acquisitions mark NMG’s fourth and fifth general repair additions since February 2023, following the completion of nine new branch openings and expansions in the past year to support the general repair sector. NMG is committed to pursuing strategic acquisitions to enhance its capabilities and strengthen its presence in key markets.
For nearly 50 years, 4M Parts Warehouse has been a provider of high-quality auto parts, demonstrating exceptional expertise and commitment to the automotive aftermarket in the greater Dallas-Fort Worth area and beyond. The company’s team of specialists is dedicated to delivering extensive industry knowledge and superior customer service.
Founded in 1986, City Auto Supply is a full-line distributor of original equipment (OE) and OE-equivalent parts, serving independent repair facilities, auto parts stores, municipalities, fleets, and OE dealerships in San Francisco and Honolulu. The company is known for its commitment to excellence, providing high-quality parts and outstanding customer service.
“By partnering with 4M Parts Warehouse and City Auto Supply, we are reinforcing our strategy to expand our general repair footprint, broaden our product offerings, and enhance our team of skilled industry veterans,” said Neil Sethi, President & CEO of NexaMotion Group. “We look forward to collaborating with both teams to continue delivering world-class products and customer service to the automotive repair industry.”
“4M Parts Warehouse and City Auto Supply are valuable additions to the NexaMotion Group platform,” stated Blue Point Partner Brian Castleberry. “Neil and his team have consistently demonstrated their ability to be the acquirer of choice in the general repair parts distribution sector.”
NexaMotion Group is actively seeking partnerships with like-minded founders and owners of automotive repair distribution businesses. Business owners interested in learning more are encouraged to contact Blue Point Managing Director of Business Development, Megan Kneipp, at [email protected].
NexaMotion Group’s mission is to simplify complex vehicle repairs to keep the world moving. The group aids automotive professionals in enhancing their operations with innovative solutions and advanced services. With a legacy of 50 years in the aftermarket industry, NexaMotion Group leverages strong connections and a network of over 125 locations to ensure readily available supplies.
Blue Point Capital Partners is a private equity firm managing over $1.8 billion in committed capital. Its nationwide resources enable the firm to build relationships with local and regional entrepreneurs and advisors while offering the benefits of a global organization. With over two decades of experience partnering with lower middle-market businesses, Blue Point helps build processes and capabilities for growth. The firm’s portfolio is bolstered by its unique capabilities, including a dedicated team focused on innovative global supply chain, data, digital, and human capital strategies, as well as its extensive industry experience and targeted M&A efforts. Blue Point typically invests in businesses generating between $30 million and $300 million in revenue.
Certain statements about Blue Point Capital Partners made by executives of portfolio companies are intended to illustrate the business relationship with Blue Point Capital Partners, rather than its capabilities or expertise regarding investment advisory services. Executives from portfolio companies were not compensated for their participation, although they may receive compensation and investment opportunities in connection with their roles, and some may also hold securities in portfolio companies and/or invest in Blue Point Capital Partners-sponsored vehicles.
