Yellow Cardinal Mergers & Acquisitions Announces the Sale of Parts Express International, Inc.
About the transaction
Yellow Cardinal Mergers and Acquisitions is pleased to announce the sale of Parts Express International to a partnership between Arch City Advisors and Westinghouse Electric Corporation. Parts Express is an audio components distributor and solutions provider who will benefit from Westinghouse’s strengths in marketing, ecommerce, global supply chain and economies of scale.
Yellow Cardinal Mergers & Acquisitions advised Parts Express. According to Jeff Stahl of Parts Express, “Steve Ford and Keith Warner from Yellow Cardinal Mergers and Acquisitions guided my company through a major sale with expert skill, care, and total dedication from start to finish. Throughout the due diligence process, they stood firmly by my side. They answered every question and solved every problem with calm confidence. Their steady support made a hard process feel easy and safe. Thanks to their great skill, we reached a successful close in less than a year. They always put our needs first and worked hard to get the best result.”
About Parts Express International, Inc.
Founded in 1986, Parts Express stands out for its extensive in-house knowledge and experience in speaker transducers, raw speaker drivers and general audio components. Parts Express serves a diverse customer base including audio enthusiasts, original equipment manufacturers, commercial sound contractors and home audio and theater installers. The company is located in Springboro, Ohio.
About Westinghouse Electric
As the company that brought power to America over 100 years ago, Westinghouse Electric strives to improve everyday life with trustworthy innovation that brings people together for the moments that matter. Guided by a legacy of innovation and quality, Westinghouse partners closely with industry leaders in product development, manufacturing and design to curate a selection of high-performing products for residential and industrial customers worldwide.
About Arch City Advisors
Arch City Advisors is a private investment firm focused on building successful partnerships with founders and management teams. Arch City Advisors has also worked with private equity firms and privately owned businesses to provide interim leadership, management consulting and board level support.
About Yellow Cardinal Mergers and Acquisitions
Yellow Cardinal Mergers and Acquisitions was the exclusive financial advisor to Parts Express International, Inc. in connection with the sale of the Company. Yellow Cardinal assists buyers and sellers in navigating the complexities of M&A transactions. With over 150 years of combined experience, Yellow Cardinal has a wide range of capabilities and expertise including sell-side merger and acquisition, buy-side strategy and execution, and business succession services.
Yellow Cardinal Mergers and Acquisitions Leadership
Carlton Zesch
Executive Managing Director
513.615.4122
Stephen Ford
Managing Director
614.310.7692
Kevin White
Managing Director
216.632.2706
Keith Warner
Senior Analyst
937.610.9328
Patrick Fitz
Associate
513.979.5841
George Gates
Analyst
513.979.5876