Advance Auto Parts Announces Sale of Worldpac to Carlyle for …

Aug 22, 2024  · About Advance Auto Parts. Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself …


Install CouponFollow Chrome Extension   CouponFollow Extension

$1
OFF

Advance Auto Parts Sells Worldpac Unit To Carlyle Group For $1.5 …

2 weeks from now

Aug 22, 2024  · Advance now expects its net sales in 2024 to be between $11.15 billion and $11.25 billion, down from its prior expectations of $11.3 billion and $11.4 billion. The company …

reuters.com

$1
OFF

Advance Auto Parts Sells Worldpac Unit To Carlyle Group For $1.5 ...

2 weeks from now

Aug 22, 2024  · Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its annual results forecast, …

yahoo.com

$1
OFF

Advance Auto Parts Unloads Worldpac Businesss To Carlyle For …

2 weeks from now

Seeking Alpha. Advance Auto Parts unloads Worldpac businesss to Carlyle for $1.5 billion. 2mo. A dvance Auto Parts (NYSE: AAP) announced on Thursday that it has entered into a definitive …

msn.com

$1
OFF

Advance Auto Parts Announces Sale Of Worldpac To Carlyle For …

2 weeks from now

Aug 22, 2024 3:15am. Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion. Sale simplifies Advance’s enterprise structure and sharpens focus on the blended box …

morningstar.com

$1
OFF

Advance Auto Parts Sheds Worldpac Unit To Carlyle For $1.5B

2 weeks from now

Published August 22, 2024. Advance Auto Parts has agreed to sell Worldpac, its automotive parts wholesale distribution unit, to The Carlyle Group for $1.5 billion in cash, as carveouts fall …

pitchbook.com

$1
OFF

Advance Auto Parts Sells Worldpac Unit To Carlyle Group For $1.5 ...

2 weeks from now

Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its annual results forecast, sending its shares …

yahoo.com

$1
OFF

Advance Auto Parts To Sell Worldpac To Carlyle For $1.5 Billion - MSN

2 weeks from now

Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash. The aftermarket car-parts retailer said Thursday that the deal for its automotive parts ...

msn.com

$1
OFF

Advance Auto Parts Unloads Worldpac Business To Carlyle For $1.5 …

2 weeks from now

Aug 22, 2024  · Advance Auto Parts (AAP) to sell Worldpac to Carlyle (CG) for $1.2 billion, focusing on turnaround strategy and future growth.

seekingalpha.com

$1
OFF

Breaking News: Advance Auto Parts Selling Worldpac For $1.5 Billion

2 weeks from now

Aug 22, 2024  · Advance Auto Parts announced the sale of Worldpac, Inc., an automotive parts wholesale distribution business that generated $2.1 billion in revenue and approximately $100 …

vehicleservicepros.com

32%
OFF

Advance Auto Parts To Sell Worldpac To Carlyle For $1.5 Billion

2 weeks from now

Aug 22, 2024  · Advance Auto Parts AAP -2.32% has agreed to sell its Worldpac subsidiary to Carlyle CG -1.01% Group for $1.5 billion in cash. The aftermarket car-parts retailer said …

wsj.com

$1
OFF

Advance Auto Parts To Sell Distributor Worldpac To PE Firm For $1.5B

2 weeks from now

Newark, CA-based Worldpac — an equipment and quality aftermarket replacement parts importer and distributor — generated approximately $2.1 billion in revenue and around $100 million in …

mdm.com

$2
OFF

Advance Auto Parts, Inc. - Advance Auto Parts Reports Third …

2 weeks from now

1 day ago  · Third quarter 2024 net sales from continuing operations totaled $2.1 billion, compared with $2.2 billion in the third quarter of the prior year. ... On August 22, 2024, the company …

advanceautoparts.com

$1
OFF

Advance Auto Parts Is Closing 500 Stores And Shedding 200

2 weeks from now

1 hour ago  · Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto primarily …

fortune.com

$1
OFF

Advance Auto Parts Closing 700 Stores - Triangle Business Journal

2 weeks from now

19 hours ago  · Advance Auto Parts is closing over 700 stores. The company has completed the $1.5 billion sale of Worldpac. Advance Auto plans to open 60 market hubs by 2027.

bizjournals.com

$1
OFF

Advance Auto Parts To Close More Than 500 Stores, Exit 200 Other ...

2 weeks from now

22 hours ago  · Regarding third-quarter results, the company said that, given the closing earlier in November of the $1.5 billion deal to sell Worldpac to Carlyle, the results were reported on a …

morningstar.com

$1
OFF

Advance Auto Parts To Exit Western U.S. As It Closes More Than 700 ...

2 weeks from now

18 hours ago  · Regarding third-quarter results, the company said that, given the closing of the $1.5 billion deal to sell automotive-parts distributor Worldpac to Carlyle Group (CG) earlier in …

morningstar.com

2%
OFF

Advance Auto Parts To Exit Western U.S. As It Closes More Than

2 weeks from now

S hares of Advance Auto Parts Inc. pulled a ... given the closing of the $1.5 billion deal to sell automotive-parts distributor Worldpac to Carlyle Group ... Net sales fell 3.2% to $2.15 billion ...

msn.com

$1
OFF

Advance Auto Parts Is Closing Hundreds Of Stores In An Effort To …

2 weeks from now

18 hours ago  · Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto …

go.com

$1
OFF

Advance Auto Parts Is Closing Hundreds Of Stores In An Effort

2 weeks from now

13 hours ago  · Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto …

yahoo.com

$1
OFF

NC-based Advance Auto Parts To Close Hundreds Of Stores

2 weeks from now

7 hours ago  · Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto …

wsoctv.com

FAQs about Advance Auto Parts Announces Sale of Worldpac to Carlyle for … Coupon?

Will Advance Auto Parts sell WORLDPAC to Carlyle Group?

Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash. The aftermarket car-parts retailer said Thursday that the deal for its automotive parts wholesale distribution business is expected to close before the end of the year and generate proceeds of about $1.2 billion after taxes and transaction fees. ...

What happened to Advance Auto Parts & Carlyle?

RALEIGH, N.C., November 04, 2024 -- (BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced the close of the sale of Worldpac, Inc. to global investment firm Carlyle (NASDAQ: CG). ...

Will Carlyle Group buy WORLDPAC?

(Reuters) -Advance Auto Parts said on Thursday private equity firm Carlyle Group would buy its Worldpac unit for $1.5 billion in cash, sending its shares about 11% higher in premarket trade. Worldpac, a wholesale parts distribution business, generated about $2.1 billion in revenue for the year ended June 30. ...

Will Advance Auto sell WORLDPAC?

The announcement comes on the heels of Advance Auto completing its sale of Worldpac for $1.5 billion on Nov. 1. The plan to sell Worldpac has been in the works for at least a year, but the company solidified the deal in August. Even while Advance is closing existing stores, the company is also planning new ones. ...

Did advance buy WORLDPAC?

Advance had acquired Worldpac in 2014 when it bought General Parts International. The company also cut its annual sales and profit forecasts on Thursday after bumpy demand for auto parts and expects headwinds related to maintenance deferrals and lower discretionary spending. ...

What happened to Advance Auto?

Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto primarily operates in the U.S., but also has some corporate stores and independent locations in Canada, Mexico and various Caribbean islands. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension