Parts Authority Acquires Quality Automotive Warehouse
August 6, 2018—Parts Authority, one of the largest U.S. distributors of automotive and truck parts to the automotive aftermarket, has acquired Quality Automotive Warehouse, which operates 10 locations in the Mid-Atlantic region (seven in Maryland and three in Virginia), reported Aftermarket Business World.
"This acquisition strengthens our position in the Baltimore, Maryland and District of Columbia area and expands our footprint into the Virginia market” said Randy Buller, president and CEO of Parts Authority. “We look forward to providing our Quality Automotive customers with access to even more products and services. Equally as important, we look forward to working with our new team members at Quality Automotive and providing them with a great place to continue their careers.”
According to the report, Mark Bond, president and CEO of Quality Automotive, said Parts Authority shares three important criteria the company was looking for in a partner. The three criteria include a common culture, an opportunity for employees to continue to be valued by leaders and the ability to grow faster and with more resources.