NexaMotion Group Expands with Acquisition of City Auto Supply
NexaMotion Group Expands with Acquisition of City Auto Supply
NexaMotion Group (NMG) is on an accelerated path, advancing its plans for national growth. This latest step comes through the strategic acquisition of City Auto Supply, a prominent player in the automotive parts distribution sector.
City Auto Supply Overview
City Auto Supply, established in 1986, proudly operates as a U.S. veteran-owned corporation. With facilities in various locations, including two in the vibrant city of San Francisco and one in picturesque Honolulu, City Auto Supply specializes in distributing more than 100,000 individual automotive parts. Their reputation is built on providing quality parts and exceptional service to the auto repair industry.
The Power of Partnership
Owner of City Auto Supply, Larry Chew, expressed enthusiasm regarding the acquisition, highlighting the alignment of values between the two organizations. "An organization like NexaMotion Group is a great partner for our customers and team members. Our business shares a strategic alignment with NexaMotion Group, which stands for quality and exceptional service," he remarked. This sentiment underscores the anticipated synergies that will benefit customers and employees alike.
Accelerating Growth in the Aftermarket Industry
Neil Sethi, President and CEO of NexaMotion Group, is equally excited about this latest acquisition. "This marks our fifth acquisition in the general repair space over the past 18 months, and we're just getting started. Our mission has always been to simplify complex vehicle repair, and each acquisition strengthens our ability to serve customers more effectively,” Sethi shared. This growth trajectory reflects NexaMotion's commitment to continual improvement and innovation within the automotive aftermarket industry.
About NexaMotion Group
NexaMotion Group is dedicated to transforming vehicle repair by simplifying complex processes. Their mission is clear: to empower automotive professionals with innovative solutions and unparalleled support. With five decades of experience within the aftermarket sector, they operate across more than 125 locations, ensuring that quality parts and services are always within reach for their clients.
This latest acquisition not only extends NexaMotion's reach but also enhances its capacity to provide valuable solutions to automotive professionals, further solidifying its position in the industry.
Frequently Asked Questions
1. What is the main focus of NexaMotion Group?
NexaMotion Group focuses on simplifying complex vehicle repairs while providing innovative solutions for automotive professionals.
2. What significant move has NexaMotion Group made recently?
Recently, NexaMotion Group acquired City Auto Supply, enhancing its national expansion strategy.
3. How does City Auto Supply benefit from its partnership with NexaMotion Group?
City Auto Supply gains a stronger platform for growth and access to a broader customer base through its partnership with NexaMotion Group.
4. When was City Auto Supply founded?
City Auto Supply was founded in 1986 and has established itself as a key distributor in the automotive parts industry.
5. How many locations does NexaMotion Group operate?
NexaMotion Group operates over 125 locations, providing ample supply and support for automotive professionals.
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