PWI Finalizes Merger With Tri-States Automotive Warehouse

PWI Finalizes Merger With Tri-States Automotive Warehouse

The two companies announced plans to merge in May, and finalized the deal Aug. 14.

Replacement Parts Inc., which goes to market as Parts Warehouse Inc. (PWI) and Crow-Burlingame, has completed its merger with Tri-States Automotive Warehouse.

The two companies announced plans to merge in May, and finalized the deal Aug. 14.

Marianna, Florida-based Tri-States, previously led by the Spence and Stephens families, adds 20 company stores to Parts Warehouse’s operation, bringing the business’s total to 194 company stores and more than 210 independent jobbers.

“Working with the Spence and Stephens families through this process over the past few months has been refreshing. They are indeed a great family,” said Fletcher Lord III, PWI president. “We are excited about growing our business during these troubled COVID-19 times, and we know how incredibly fortunate we are to be in Marianna, Fla. this week.”

Little Rock, Arkansas-based PWI is a 101-year-old business currently in its fourth generation of family owner-operators. Tri-States, a third-generation family-owned and -operated business, is nearly 75 years old. The Lord and Spence families have been friends and business colleagues for nearly 20 years, and the companies share rich histories, traditional values, focused goals and an emphasis on family.

The merger expands PWI’s footprint to nine total states: Alabama, Arkansas, Florida, Georgia, Louisiana, Missouri, Mississippi, Oklahoma and Texas. Parts Warehouse is a shareholder owner of the Aftermarket Auto Parts Alliance Inc.

You May Also Like

Monro, The Group Announce National Supply Agreement

The national supply program will begin in several pilot areas and will expand throughout the country in future weeks.

The Automotive Parts Services Group (The Group), a joint venture of The Pronto Network and Federated-Alliance, recently announced a national supply agreement with Monro Inc. on behalf of member distributors.

“The ability to provide national coverage through our collaboration with a single central billing process is key with national customers like Monro,” said Larry Pavey, CEO of the Automotive Parts Services Group. “By working together, our members are able to deliver the same benefits as retail competitors, as well as local expertise and dedication to the needs of professional service providers. This agreement provides members of The Group with the opportunity to offer premium parts and service to Monro and their more than 1,300 locations through an efficient, coast-to-coast system integration.”

Advance to Spin Off Worldpac as Company Reports Operating Loss

Advance also will divest its Canadian business and announced a $150 million cost-reduction program.

Fenix Parts Completes Acquisition of Brothers Auto Parts

Brothers is a full-service automotive recycler servicing the Indianapolis market.

Carquest by Advance Opens New Store in Virginia

It’s the fourth Carquest store owned by Magee Auto Parts LLC.

Fisher Auto Parts Acquires Berrodin Parts Warehouse

Berrodin Parts Warehouse has nine warehouse locations throughout Southeastern Pennsylvania and Northern Delaware.

Other Posts

Understanding the Advantages of Remanufactured Parts

The environmental benefits of remanufactured parts go hand in hand with the cost savings.

Remanufactured Parts
Selling Wheel Bearings and Hub Units to DIFM Customers

Using premium wheel bearings means fewer customer comebacks.

Wheel Bearings
Alliance Promotes Ethan Love, Josh Hessling to Senior Managers

Both promotions are effective as of Jan. 1.

Loaded Steering Knuckles Are a Time-Saving Solution

Any tool, part or installation technique that expedites the repair process is worth its weight in gold. 

Loaded Steering Knuckles