Fenix Parts Expands Texas Operations with Strategic Acquisition of Assured Auto Parts in San Antonio
Fenix Parent LLC, operating as Fenix Parts , a recognized leader in the recycling and resale of original equipment manufacturer (OEM) automotive parts, has announced the successful acquisition of Assured Auto Parts (“Assured”), a trusted and established automotive recycler based in San Antonio, Texas. This latest acquisition marks a significant milestone in Fenix Parts’ ongoing expansion strategy and strengthens its presence across the Texas market, positioning the company to better serve customers in one of the fastest-growing regions in the United States.
The purchase of Assured Auto Parts, known for its longstanding reputation and customer-focused operations in the San Antonio area, represents a strategic growth opportunity for Fenix Parts. As the automotive recycling industry continues to evolve to meet the increasing demand for sustainable, cost-effective vehicle repair solutions, this acquisition allows Fenix to scale its operations and increase its inventory reach in a region characterized by economic vitality and a high demand for automotive services.
Capitalizing on a Growing Market
San Antonio, along with the neighboring Austin metro area, has experienced significant economic growth over the past decade. The region’s expanding population, robust infrastructure investment, and increasing vehicle ownership make it an ideal market for companies in the automotive aftermarket and recycling sectors.
“San Antonio and Austin represent two of the most vibrant and promising automotive markets in the U.S.,” said Bill Stevens, CEO of Fenix Parts. “This acquisition is an exciting step forward that enables us to broaden our geographic footprint and bring enhanced value to our customers throughout Texas. We are thrilled to welcome the talented Assured Auto Parts team into the Fenix family.”
Stevens emphasized that the acquisition is more than just a growth move—it’s a way to integrate high-performing teams and combine localized expertise with Fenix’s national capabilities. “Assured brings not only a respected brand but also deep operational knowledge and a customer-first approach. Together, we’re positioned to deliver faster service, a larger inventory of quality recycled parts, and greater value to body shops, repair centers, and consumers alike.”
A Shared Vision for Industry Leadership
For Assured Auto Parts, the integration into the Fenix Parts network offers access to broader resources, including advanced inventory systems, national distribution capabilities, and enhanced operational support. The combined entity will be able to meet growing customer demand more efficiently, while upholding the high-quality standards and service reliability that both companies are known for.
“Our goal has always been to deliver the best possible parts and service to our customers,” said a representative from Assured Auto Parts. “Joining Fenix Parts allows us to expand our reach, improve our logistics, and continue building strong relationships across the region—all while being backed by a company that shares our values and vision for the future of automotive recycling.”
The acquisition also reflects Fenix Parts’ ongoing commitment to environmental responsibility. Automotive recycling plays a critical role in reducing landfill waste, conserving resources, and lowering the carbon footprint associated with vehicle manufacturing. By recovering and reusing OEM parts from damaged or retired vehicles, Fenix supports a circular economy that benefits both consumers and the planet.
Strengthening Fenix’s Strategic Roadmap
The acquisition of Assured Auto Parts is part of Fenix Parts’ broader strategy to build a nationwide network of automotive recycling and resale centers. Since its founding in 2014, Fenix has been steadily expanding its reach across key U.S. regions, including the Northeast, Southeast, Midwest, Southwest, and Southern California.
With each new location, Fenix brings greater efficiency to the automotive aftermarket by reducing lead times, offering more competitive pricing, and ensuring reliable access to high-quality, OEM components. The company’s consistent growth is a testament to its disciplined approach to acquisitions, its investment in people and technology, and its deep understanding of the automotive recycling ecosystem.
“We are constantly seeking partnerships with like-minded companies who are leaders in their local markets,” added Stevens. “This acquisition is one of many steps in our long-term strategy to become the premier provider of recycled OEM parts across North America.”
As part of its growth initiative, Fenix Parts is actively pursuing additional acquisition opportunities in complementary markets. The company encourages current auto recycling business owners interested in exploring acquisition or partnership possibilities to reach out and learn more about the integration process. Inquiries can be directed to [email protected].
Fenix Parts
Fenix Parts is a leading recycler and reseller of OEM automotive parts, specializing in the recovery, refurbishment, and resale of components sourced from vehicles that are damaged, totaled, or otherwise taken out of service. These parts are meticulously cleaned, tested, and categorized to ensure quality and performance, offering customers a cost-effective and environmentally friendly alternative to new replacement parts.
Founded in 2014, Fenix Parts was established to bring together a network of regional recyclers under a unified brand and operating model. The company’s locations serve as key hubs for inventory, fulfillment, and distribution, allowing it to maintain strong regional service levels while leveraging the benefits of national scale. On average, the Fenix Parts companies have more than 25 years of operational history, bringing deep expertise and trusted service to customers across the country.
With a growing footprint and a commitment to sustainability, Fenix Parts continues to set the standard for excellence in the recycled auto parts industry.
Backed by Stellex Capital Management
Fenix Parts is backed by Stellex Capital Management LLC, a private equity firm with more than $3.9 billion in assets under management. With offices in New York, Detroit, Pittsburgh, and London, Stellex focuses on investing in companies with strong potential for growth and operational improvement.
Stellex brings a hands-on, operationally focused approach to investing, offering portfolio companies like Fenix Parts the resources and strategic guidance necessary to scale and thrive. The firm targets opportunities in industries such as aerospace, defense and government services, transportation and logistics, manufacturing, food processing, and tech-enabled services.
Through its support of Fenix Parts, Stellex is helping to accelerate innovation and consolidation in the automotive recycling industry—ensuring long-term value creation for all stakeholders.
