SOURCE: Auto Plus

Duffey Petrosky

October 14, 2015 12:04 ET

Auto Plus(SM) Continues with Aggressive U.S. Growth Plan

The Automotive Aftermarket Company Opens Stores in Florida and Tennessee

KENNESAW, GA--(Marketwired - October 14, 2015) - Auto Plus President and Chief Executive Officer Brent Windom today announced the acquisition of Central City Auto Parts located in Cleveland, Tennessee, and Xpress Auto Parts of Ft. Myers, Florida. This announcement follows their acquisition of a six-store Wisconsin-based parts distribution chain, United Auto Parts.

"Auto Plus has been aggressively positioning itself to become a top tier automotive aftermarket company. These recent acquisitions help push us toward this goal," says Windom. "Our plan is an accelerated one and these recent successes are a reflection of our commitment to growth."

The store locations service two important markets, expanding Auto Plus' reach in Tennessee and Florida.

"These newly acquired stores build toward our new hub-and-spoke distribution model," Windom added. "We expect strategic growth through acquisition to continue into 2016 and beyond."

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.

The following files are available for download:

Contact Information