The Parts Alliance has strengthened its position as an aftermarket leader following the announcement that GSF Car Parts (GSF) has joined the group.
The move reaffirms HgCapital’s continuing support of The Parts Alliance. The acquisition will see GSF operating as a wholly-owned business within the Group, but it will still trade locally under its own brand name.
Furthermore, GSF will continue under the Chairmanship of Stan West and his current management team, with Mr West also joining the Board of the Group.
Commenting on the merger, Mr West, Chairman and founder of GSF, said: “This marks a great new chapter in the evolution of the company that I founded in 1977. GSF’s merger with The Parts Alliance and HgCapital’s investment allow us to maintain not only our culture and brand but also helps to create a true market leader.”
Peter Sephton, Chief Executive of The Parts Alliance, added: “This is a hugely significant acquisition which strengthens the product choice, service, value and expertise that we offer to our independent and national customers alike.
“GSF is a dynamic and successful business and I’m delighted to welcome Stan West and his 1,000 colleagues to our growing group. It’s a great match. We share the same values and both believe in building lasting relationships with customers and suppliers.
“This deal gives us unrivalled coverage: ensuring delivery on the ground to national and independent garages and workshops by people who really understand their local market.”
The addition of GSF’s 75 branches brings the total number in The Parts Alliance network to well over 300, 160 under common ownership, giving the Solihull-based business group increased coverage in the UK and Ireland.
