Deal Details
Acquisition of Sator Beheer B.V. from H2 Equity Partners
Summary
Baird served as the exclusive financial advisor to LKQ Corporation
About
LKQ Corporation (“LKQ”) (NASDAQ-GS: LKQ), recently completed the acquisition of Sator Beheer B.V. (“Sator” or the “Company”), a portfolio company of H2 Equity Partners B.V. (“H2”) for approximately $268 million.Sator is a market leading distributor of spare parts for the automotive aftermarket industry in the Netherlands, Belgium, Luxembourg and Northern France. The Company serves a diverse base of more than 6,000 customers and offers a broad product line of over 150,000 SKUs from eleven distribution centers. Sator is headquartered in Schiedam, the Netherlands.
H2, founded in 1991, is an independent private equity firm with offices in Amsterdam, Cologne and London. H2 focuses on acquiring and growing fundamentally attractive businesses that face a combination of operational, financial or managerial challenges at the time of investment. H2 currently manages a portfolio of 18 companies with approximately €500 million of funds under management.
LKQ Corporation is one of the largest US providers of aftermarket, recycled and refurbished collision replacement parts, and a leading provider of mechanical replacement parts including remanufactured engines, all in connection with the repair of automobiles and light, medium and heavy-duty trucks. LKQ operates more than 500 facilities, with locations in the United Kingdom, Canada, Mexico and Central America. LKQ is headquartered in Chicago, Illinois.
For additional information about this transaction, please contact:
- Date
- May 2013
- Company
- LKQ Corporation
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- Europe
- Acquiror Geography
- North America
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