Find out more about, 56% of Parts Authority employees would recommend working there to a friend, Get started with your Free Employer Profile, not communicated timely or efficiently Upper Management. This is useful in estimating the financial strength and credit risk of the company. Find out more about salaries and benefits at Parts Authority. . 800.257.8500 [Comments?] Effective immediately, I am donating my salary for the rest of this year to help the Parts Authority family endure during these difficult times.. Founded in 1972, Parts Authority is a national distributor of automotive replacement parts, tools, and equipment. Based on Bentley Little's 2015 novel of the same name, the Django Unchained and Inglourious Basterds star plays Regus Patoff, a mysterious figure called in after the murder of a gaming company's CEO, who quickly turns employees' lives upside down. As a result, he has risen to become one of the worlds wealthiest people. Schwartz served as the exclusive sell-side adviser to ABJ in its sale to Automotive Systems Warehouse. See all trademarks and details in the Full Report. Cision Distribution 888-776-0942 Copyright Babcox Media Inc. All rights reserved, - The Piston Foundation Partners with Bring a Trailer, - Hot Shots Supports Make-A-Wish Mothers Day Truck Convoy, - Altair Enlighten Award Open for Entries, Mitchell 1 TruckSeries Receives Frost & Sullivan Award, AAM Earns Most Responsible Company Status by Newsweek, Honda Co-Founder Inducted Into Automotive Hall of Fame, NASCAR Presents Drive for Diversity Awards. Headquartered in Long Island, New York, Parts Authority is rapidly . For our May 2023 cover story, Women at the Wheel, we will be profiling some of todays top female professionals leading the charge from the boardroom to the breakroom in the automotive aftermarket. Contact Information Website www.partsauthority.com Formerly Known As Clearway Automotive Ownership Status Privately Held (backing) The central theme of 2022 was the U.S. government's deploying of its sanctions, AML . 56% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Parts Authority employees rate their compensation and benefits as 2.6 out of 5. You get a discount on 60% OFF when you buy Parts Authority's goods from partsauthority.com. Parts Authority, founded in 1972, is a leading national distributor of automotive replacement parts, tools and equipment. LAKE SUCCESS, N.Y. , Oct. 1, 2020 /PRNewswire/ Parts Authority (or the "Company"), a leading national distributor of automotive aftermarket parts and a portfolio company of The Jordan Company ("TJC"), announced today the signing of a definitive agreement for the acquisition of a majority stake in the Company by Kohlberg & Company, LLC Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". West Lane and Wheel Launch New Platform, Rainier Reaches Hard Cap Peak on Inaugural Fund, Secondaries Investor Northleaf Closes on $1.3 Billion, Kainos Raises Over $1 Billion for Fund III, Flip Electronics Acquires Resurgent Semiconductor, Fort Point Stays Busy with Buy of Yandell. Worldpac, a wholly owned subsidiary ofAdvance Auto Parts, celebrated the grand opening of its newest warehouse on Wednesday, Feb. 22, in Hatillo, Puerto Rico. parts authority net worth Follow us. Founded in 1972, Parts Authority is a national distributor of automotive replacement parts, tools, and equipment. "TJC has been an excellent partner to Parts Authority over the past several years as we have continued to expand our footprint in the U.S. through new greenfield locations and acquisitions," said Randy Buller. Honorees will be profiled in our May 2023 cover story. MORE+ Feb 21, 2023 3 used Additional terms of the transaction were not disclosed. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. You can browse through all 120 jobs Parts Authority has to offer Full-time Stock Associate Yonkers, NY $15 an hour Easily apply 1 hour ago View job Full-time Delivery Driver Rego Park, NY $15 an hour Easily apply 1 hour ago View job Full-time Warehouse Associate Massapequa, NY $15 an hour Easily apply 16 hours ago View job Full-time Parts Authority, Inc. distributes automotive parts. Headquartered in Lake Success, New York, Parts Authority has approximately 100 locations in New York, New Jersey, Maryland, Washington D.C.,Georgia, Ohio, Arizona and California. The company will demand a lot of your time. Read employee reviews and ratings on Glassdoor to decide if Parts Authority is right for you. Harris Williams was the financial advisor to Parts Authority while Stifel was the lead financial advisor to Kohlberg. Parts Authority has grown through both organic initiatives and acquisitions. This hub houses one of the largest inventories of automotive accessories, crash parts, and RV parts in the region. Type Subsidiary Status Active Founded 1972 HQ New Hyde Park, NY, US | view all locations Website http://partsauthority.com The Company has clearly established itself as a leading national distributor within the automotive aftermarket," said Evan Wildstein, Partner of Kohlberg. Established in 1973, The Parts Authority has become one of the largest aftermarket automotive/truck part distributors throughout the country. The information in the balance sheet may be stated at the original price of the asset or liability, which may differ from the amount at which it could potentially be disposed of. Android Authority has an estimated net worth of about $100 thousand. A record-setting 500 store managers, salespeople, suppliers and guests were in attendance at APHs annual Winter Conference. Senior Vice President and General Counsel, Vice President Head of Financial Planning & Analysis, Vice President, Sales National Accounts (East). "We believe the Company is well positioned to continue on an accelerated growth trajectory through a highly successful organic and acquisition-driven strategy. Win whats next. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Parts Authority is a member of Pronto and Eastern a member of the Alliance group for 20 years. Industry: Automotive supplies and parts , Automotive supplies , Motor vehicle parts, used , Automotive parts , Automotive accessories Printer Friendly View Address: 3 Dakota Dr Ste 110 New Hyde Park, NY, 11042-1167 United States See other locations Website: www.partsauthority.com Employees (this site): Actual Employees (all sites): Actual Revenue: Android Authority's finalized net worth is unknown, but our site Net Worth Spot thinks it to be about $100 thousand. It offers vacuum pump, cooler, engine boot, filter cap, injector cup, sleeve, water separator, valve, diesel coverage, sensor equipment, and more. Private equity's leading news magazine since 2007, To search in site, type your keyword and hit enter, Brynwood Serves It Up Chicago Style with Buy of Uno Foods, Turnspire Carves USG Water Solutions from Veolia, Investcorp Closes Inaugural North America Private Equity Fund, How Sweet It Is! TJC, founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 38-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation & Logistics, Healthcare & Consumer, and Telecom, Technology & Utility. There is a right and a wrong in the universe, and that distinction is not hard to make. Kohlberg & Company was founded in 1987 and is based north of New York City in Mt. The company engineers, designs & manufactures aftermarket control arms, chassis parts and wheel hub assemblies. According to reviews on Glassdoor, employees commonly mention the pros of working at Parts Authority to be career development, benefits, coworkers and the cons to be culture, senior leadership, management. Telling people they need to have their google stuff on their personal phone was laughable, you dont pay me for my off time. Randy and the rest of the Parts Authority team have done a phenomenal job of turning the company into the distributor-of-choice in the automotive aftermarket parts industry, said Ian Arons, a partner of TJC. Parts Authority's existing management team, led by CEO Randy Buller, will continue to lead the company and remain significant owners of the business. your own Pins on Pinterest. Located at H-1 Metro Plaza Hatillo, Carr #2 KM 87.5 Marginal, Worldpacs Hatillo warehouse measures more than 30,000 square feet and has the capacity to house more than 400,000 original equipment and premium brand automotive parts, serving most vehicle makes and models on the road in Puerto Rico. The firm was founded in 1982 and is headquartered in New York City with an additional office in Chicago. No commission, was great when it was family owned now its corporate. Headquartered in Long Island, New York, Parts Authority is rapidly expanding, and today has more than 200 locations servicing customers in New York; New Jersey; Pennsylvania; Maryland;. Understanding Intermediate Shafts: What are they and what do they do? For more information, please visit www.thejordancompany.com. To explore Parts Authoritys full profile, request access. Parts Authority's existing management team, led by CEO Randy Buller, will continue to lead the Company and remain significant owners of the business. Parts Authority overall profits are growing on a daily basis, and he is becoming more popular on the sidelines. Though your net worth will fluctuate over time, there are a number of tried-and-true methods for increasing your net worth, including: Pay off debt. Our new partners share our vision to grow our business over time by delivering outstanding services. Parts Authority Engaged Employer Overview 136 Reviews 142 Jobs 93 Salaries 7 Interviews 41 Benefits 10 Photos 77 Diversity + Add a Review Parts Authority Reviews Updated Feb 20, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 134 of over 136 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent 56% of employees would recommend working at Parts Authority to a friend and 49% have a positive outlook for the business. Duis aute irure dolor in reprehenderit in vol, t amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore, Youre viewing 5 of 5 competitors. Log In: Email Address: * Password: * LAKE SUCCESS, N.Y., Oct. 1, 2020 /PRNewswire/ -- Parts Authority (or the "Company"), a leading national distributor of automotive aftermarket parts and a portfolio company of The Jordan. The Company offers vacuum pump, cooler, engine boot, filter cap, injector cup, sleeve, water separator, valve, diesel coverage, and sensor equipments. The company offers truck p, t aliquip ex ea commodo consequat. Parts Authority Headquarters 3 Dakota Drive Suite 110 New Hyde Park, New York11042 833-380-8511 Driving Directions Parts Authority Summary ABOUT Overview Parts Authority is a New York-based distributor of aftermarket automotive replacement parts, tools, transmissions and accessories. Glassdoor has 136 Parts Authority reviews submitted anonymously by Parts Authority employees. This memorandum surveys U.S. economic sanctions and anti-money laundering ("AML") developments and trends in 2022 and provides an outlook for 2023. The Jordan Company is a middle-market private equity firm that invests in a range of industries including industrials, transportation and logistics, healthcare, consumer, telecom, technology, and utilities. advantages and disadvantages of defensive and offensive strategies; ucla sash 2021 PA's customers include independent installers, national fleets, jobbers, and e-tailers. We also provide some thoughts concerning compliance and risk mitigation in this challenging environment. There will be no changes in the way we conduct our business or to the management and personnel that have made this company the leader in our region, added Thorne. GB has donated more than $45,000 in 2022, and says it is planning for another charitable year in 2023. Our estimate only uses one revenue source though. The company will remain Eastern Warehouse Distributors, aka AutoParts Warehouse. LAKE SUCCESS, N.Y., Oct. 1, 2020 /PRNewswire/ -- Parts Authority (or the "Company"), a leading national distributor of automotive aftermarket parts and a portfolio company of The Jordan. Click hereor on the image below to view his video.. TJC has been an excellent partner to Parts Authority over the past several years as we have continued to expand our footprint in the U.S. through new greenfield locations and acquisitions, said Mr. Buller. This rating has improved by 22% over the last 12 months. Click here or on the image below to view his video. There is a strong firewall and commitment from both Parts Authority and Eastern to their respective groups not to share any confidential group information, said Thorne. When they bought our store they have unrealistic expectations. Steve Thorne, CEO and owner of Eastern Warehouse Distributors, aka Auto Parts Warehouse, announced that the business has taken on a financial partner. 2023 PitchBook. I am pleased to say that I continue to maintain a significant share of the overall company and will continue to run Eastern. In March 2018, Blackstone acquired a minority equity interest in the firm. One week ago, as the COVID-19 pandemic began to spread more aggressively here in the U.S. as well as across the globe, Randy Buller, CEO of Parts Authority, decided to do something. The Jordan Co., a private equity firm that specializes in buying and building companies in partnership with the existing owners and management teams, has invested a majority stake in the business through its automotive parts distribution platform.

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