Advance Auto Parts merged with General Parts International in October 2013 for an estimated $2. 04 billion. General Parts International (GPI) was a publicly traded company and the largest independent auto parts provider in North America, with more than 6,000 store locations across the U.
S. , Canada, Mexico and Puerto Rico. With the merger, Advance Auto Parts grew to become the leader in automotive aftermarket parts and expanded their product offering to include Carquest, a GPI brand that provides DIY, commercial and heavy-duty parts and services.
The merger also allowed Advance Auto Parts to access GPI’s extensive network of suppliers and grow quickly. With the help of GPI, Advance Auto Parts now operates more than 5,500 stores, delivers parts to more than 75,000 repair and collision shops, and serves more than 1,300 independently owned Carquest stores in the U.
S. , Puerto Rico, Mexico and Canada. Advance Auto Parts boasts more than 18,000 employees and $9. 31 billion in revenue in 2017.
Is Advance Auto and AutoZone the same?
No, Advance Auto and AutoZone are not the same. Advance Auto is a chain of stores with more than 5,200 locations in the United States, Puerto Rico, and the Virgin Islands. It sells a variety of automotive parts, equipment, and accessories for cars, trucks, vans, and SUVs.
AutoZone is a retail store chain that specializes in automotive parts and accessories. It has more than 6,000 locations across the United States and Mexico, with some locations in Brazil. They offer a variety of parts, lamps, brakes, batteries, and more.
While Advance Auto and AutoZone share some similarities, they are two different companies with two different focuses. Advance Auto has a wider selection of parts and services that cater to a more diverse customer base, while AutoZone has a more specialized focus on automotive parts and accessories.
Who bought Advance Auto?
Advance Auto Parts, Inc. was acquired by Advance Auto, Inc. in 2021. The company was acquired by Advance Auto, Inc. , an affiliate of the private equity firm Private Investment Management, led by Stone Point Capital.
The acquisition was valued at approximately $9. 0 billion, with Advance Auto Parts shareholders to receive $180. 00 per share in cash. The deal was approved by Advance Auto’s board of directors and completed on June 1, 2021.
The combination of Advance Auto Parts, Inc. and Advance Auto, Inc. will create one of the largest specialty retailers of automotive aftermarket parts, accessories and services in the U. S. , with annual sales of over $10 billion.
The combined company will be led by Executive Chairman, Darren R. Jackson and Chief Executive Officer, Tom Greco.
Advance Auto Parts will continue to operate its stores under the Advance Auto Parts brand and its website under the advanceautoparts. com domain. The company will operate a total of 5,059 stores and over 1,430 Worldpac branches across the U.
S. , Canada, and Puerto Rico, offering customers access to its full suite of automotive parts and services. The combined company is uniquely positioned to capitalize on the growth of e-commerce and will offer customers an expanding selection of automotive parts, accessories, and services across multiple channels.
Additionally, the acquisition provides Advance Auto Parts access to a network of electrical, fleet, tool and equipment, and industrial customers, as well as offering greater opportunities to leverage technology, particularly in the area of e-commerce.
What brands does Advance Auto Parts own?
Advance Auto Parts is the largest aftermarket auto parts provider in the United States. It owns several brands, including Carquest Auto Parts, Worldpac, Autopart International, Vavoline, Pro-tek Auto Parts, Outdated Auto Parts, Amigo Autoparts, and PartsAmerica.
Carquest is Advance’s primary value-brand, operating stores in the United States, Mexico, Puerto Rico, Dominican Republic, and the Caribbean. Worldpac is a specialty importer, offering harder-to-find parts for European and Asian cars.
Autopart International is a company that provides automotive parts, accessories, and maintenance items in Canada. Valvoline is a leader in motor oil, maintenance products, and car care products. Pro-tek Auto Parts is a parts and accessory store located in Canada, providing performance products and vehicle accessories.
Outdated Auto Parts is a vintage parts retailer located in Michigan. Amigo Autoparts is an automotive aftermarket parts retailer in Mexico. Lastly, PartsAmerica specializes in parts and accessories for cars, SUV’s, trucks, vans, and fleet vehicles.
All of these brands are owned by Advance Auto Parts and offer quality parts and products at competitive prices.
Can I return Carquest to Advance Auto Parts?
Yes, Carquest is an affiliated brand of Advance Auto Parts and items can be returned to Advance Auto Parts stores. Returns and exchanges can be made within 90 days of purchase, as long as the item is in like-new condition and in its original packaging with proof of purchase.
A receipt or order confirmation email is required for returns. If proof of purchase cannot be provided, a store credit of the current selling price of the item will be given. All online orders should be returned to the original shipping facility and any questions about the return should be handled directly by customer service.
Who bought out Carquest?
In February 2021, Advance Auto Parts announced that it had acquired Carquest, a national auto parts retailer. Carquest had previously been owned by a private investment firm, Alternate Direct Investment Corp.
ADIC had acquired Carquest in 2008 from the corporate parent of General Parts Inc. , General Parts International, which in turn had been acquired by CARQUEST’s former parent company, General Automotive Corporation, in 1999.
Carquest had been a standalone brand since that time. As part of the deal, Advance Auto Parts also acquired Worldpac, an auto parts distributor, owned by ADIC, which enables them to expand their presence in the professional market for auto parts.
Advance Auto Parts is the largest automotive aftermarket parts provider in North America, with over 4,800 stores and more than 120,000 parts and accessories. The acquisition of Carquest, and subsequently Worldpac, allows them to further expand their market share, customer base, and product offering.
Did Carquest get bought out?
Yes, Carquest was bought out by Advance Auto Parts. The acquisition of Carquest was completed on October 24, 2013 when Advance Auto Parts announced the completion of their merger of Carquest. The merger of Advance Auto Parts and Carquest created the largest automotive aftermarket parts provider in North America.
The combination of the two companies provided a larger inventory and wide selection of parts, broadened product offering and improved merchandising capabilities. The merger also allowed Advance Auto Parts to expand its omni-channel and online sales capabilities.
Since the acquisition, Carquest stores have been rebranded under the Advance Auto Parts name and the two companies have worked to integrate their product offerings, inventory, and operations.
When did advance acquire Carquest?
Advance Auto Parts acquired Carquest in October 2013. Carquest was founded in 1929 and had grown into one of the largest auto parts retailers and repair shops in the United States. Advance Auto Parts was founded in 1932 and had grown to become one of the largest automotive aftermarket retailers in the United States.
The acquisition of Carquest was completed after two rounds of bidding, with Advance Auto Parts emerging as the successful bidder in October 2013. The acquisition was finalized in January 2014 and Carquest became a wholly owned subsidiary of Advance Auto Parts.
The deal allowed Advance to expand its portfolio and reach both professional installers and do-it-yourself customers throughout the United States. Additionally, it gave Advance Auto Parts access to Carquest’s technologically advanced product offerings, inventory management and store improvement solutions.
The merger added 1,400 stores and over $2 billion in sales to Advance Auto Parts.
Does Advance Auto test batteries?
Yes, Advance Auto does test batteries. They offer an extensive selection of batteries and battery accessories, as well as a range of services to help customers keep their vehicles running reliably and efficiently.
The company provides a free battery test for customers to help ensure that their battery is functioning properly and that it is the best fit for their vehicle’s requirements. This test verifies the remaining charge and cranking power, as well as inspects for any warning signs of potential battery failure, like corrosion and loose terminals.
If the battery test confirms that the battery needs to be replaced, Advance Auto also offers an easy, hassle-free battery installation service.
Does Advance Auto Parts give free diagnostics?
No, Advance Auto Parts does not offer free diagnostics. However, they do provide basic in-store services such as battery and wiper blade installation, light bulb replacement, and oil and filter changes.
Advance Auto Parts also has a helpful staff that can answer most questions you may have about parts and their installation. While free diagnostics may not be available onsite, their knowledgeable team can help you to troubleshoot and identify potential issues with your vehicle to help you make the best decision for your repairs.
Will AutoZone test my battery for me?
Yes, AutoZone stores offer a free battery testing and charging service. With the convenient drop off service, customers can have their battery tested while they shop or run errands. AutoZone stores carry a variety of batteries and they can help customers find the right one for their car, truck, or motorcycle.
The AutoZone testing and charging service helps customers to save time and money. If the battery is bad, the store staff can help customers to find a replacement battery, and then test and charge the new battery before it’s installed in the vehicle.
If the battery passes the testing, it can then be recharged free of charge as long as it doesn’t exceed 40 minutes. If the battery tests as bad, AutoZone can also recycle the old battery.
How long does a battery test take?
The amount of time a battery test takes will vary depending on the type of battery being tested and the testing equipment being used. Some testing equipment is more sophisticated than others and can take longer to administer a battery test.
Generally speaking, the complexity of the test and the type of equipment used will also affect the length of time for the test. For example, a simple battery test may take between 5 to 10 minutes to complete, while a more sophisticated battery test such as a cyclic test (which involves recharging and discharging of the battery) can up to 8 hours or even more.
Additionally, you may need to repeat the testing process several times to get accurate results.
How can I test my battery without a tester?
Testing your battery without a tester can be done by using a multimeter, a device with two probes that measures electrical current and voltage. First, disconnect the negative ground cable from the battery.
Then, set your multimeter to the “DC” setting and to the lowest voltage range it offers. You will then attach the probes to the two terminals of the battery. If the voltage is below 12. 4 volts, then the battery is most likely dead or needs to be charged.
If the voltage is above 12. 4, then the battery is in good condition. If the multimeter reads questionable numbers, try jiggling the probes a bit and seeing if the voltage goes up or down. If the multimeter reads 13.
2 volts or over, then the battery has a full charge. Once you have finished testing, reconnect the negative ground cable.
Are car battery tests free?
No, car battery tests are typically not free. Most automotive stores that offer battery testing services charge a fee for the service. For instance, most Advance Auto Parts stores charge a fee for battery testing, which can range from about $10 to $15 depending on the store and the type of testing you request.
Additionally, auto shops and mechanics can charge a fee for battery testing, which may range from $25 – $50 depending on the type of testing, the type of car, and other factors. It is always recommended to compare prices for battery testing beforehand in order to get the best deal.
Does AutoZone Check battery and alternator free?
Yes, AutoZone will check your car’s battery and alternator free of charge. The AutoZone employee will use special diagnostic tools to test your car’s battery and alternator. They will then provide you with the results and if they determine that either needs to be replaced, they will also recommend which product will fit your car.
It is important to note that AutoZone employees cannot diagnose complex issues, replace parts, or provide more advanced electrical system diagnoses. However, they can provide a great starting point if you are unsure of an issue with your car’s battery or alternator.