Original One Parts™ LLC, a portfolio company of private equity firm Kinderhook Industries, LLC, is pleased to announce the acquisition of PartCycle Technologies, LLC.
PartCycle Technologies, LLC is an e-commerce marketplace for quality recycled OEM auto parts. Based in Florence, AL, the company was founded in 2015 by two tech entrepreneurs with a shared passion for automobiles, DIY repair, and technology. Designed specifically for the auto parts industry, PartCycle connects people who need auto parts with the people who have them, using a platform that is trustworthy, modern, and very simple to use.
“Original One Parts plans to leverage PartCycle's platform as a full-service e-commerce solution for our line of products,” said Wade Hilburn, CEO of Original One Parts. “PartCycle will immediately enhance Original One Parts technology capabilities, as well as expand our parts procurement and recycler relationships.”
PartCycle Technology President Ryan Anderson and his entire team will be joining the Original One Parts team.
"We are very excited to join forces with Original One Parts and Kinderhook Industries," said Anderson. "Our technology and years of industry experience within the management team puts us in a unique position to have an immediate positive impact on the Original One Parts certified parts program."
Jerry Sullivan, Executive Chairman of Original One Parts added “PartCycle's strong relationships with licensed recyclers will also enable Original One Parts to vastly expand its parts purchasing which will be a big boost for recyclers.”
Headquartered in Dallas, TX, Original One Parts is a leading provider of certified original equipment manufacturer (OEM) auto parts for use in both collision and mechanical repairs. It serves independent collision repair shops, dealership service centers, multi-shop locations (MSOs) and other customers. With Original One Parts’ proprietary VINtegrity™ Certification Process, repairers can be confident that the parts they order meet the exact fit, form and function as a new part.
For more information about the solutions that Original One Parts provides please contact: Original One Parts 877-441-0001
About Original One Parts
Original One Parts employs cutting-edge engineering technology to test and certify recycled OEM parts. The proprietary VINtegrity™ certification process ensures a consistent form, fit and function, delivered in a convenient electronic marketplace. Many leading multi-shop locations, single-shops and insurance companies take advantage of the value offered by Original One Parts™ to provide a quality part at a competitive price. For more information, please visit https://originaloneparts.com
About Kinderhook Industries
Founded in 2003, Kinderhook Industries, LLC is a private investment firm that manages over $3.3 billion of committed capital. We have made in excess of 250 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental / business services, and automotive / light manufacturing sectors. We have a track record of successfully and consistently building industry leaders. For more information, please visit https://www.kinderhook.com