SOURCE: Auto Plus

Duffey Petrosky

October 12, 2015 10:47 ET

Auto Plus Announces Acquisition of United Auto Parts -- a Wisconsin Automotive Parts Distributor

KENNESAW, GA--(Marketwired - October 12, 2015) - Auto Plus President and Chief Executive Officer, Brent Windom, today announced the acquisition of United Auto Parts, a six-store automotive parts distributor in Wisconsin.

"We are thrilled to welcome the United Auto Parts team to the Auto Plus family," said Windom. "The successful acquisition of United demonstrates our aggressive commitment to growth through acquisition. This acquisition fits with our strategic plan and enables us to grow in markets we already serve."

United Auto Parts has distribution facilities in six locations in Wisconsin servicing retail and commercial customers.

Windom added, "In our first 90 days, in addition to our acquisition of United Auto Parts, Auto Plus has also successfully opened two new greenfield store locations in Olean, New York, and Clinton, Mississippi, and expanded its Dallas, Texas, distribution center to 125,000 square feet of distribution space to our network.

"We are pleased with our recent expansions and excited about implementing our growth strategy through further acquisitions and greenfield developments," said Windom. "It's a credit to our team and to our brand that so many of these business opportunities are being finalized because ultimately it positions us to best serve our growing customer base."

About Auto Plus:

Auto Plus is a major U.S.-based supplier and distributor of automotive aftermarket parts. Its rapid growth over the last decade has come from acquisitions and deep investments in technology for inventory control and parts distribution. For more information, visit http://www.autoplusap.com.

Caution Concerning Forward-Looking Statements

This release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "will" or words of similar meaning. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.

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