Parts Warehouse Inc. Merges With Tri-States Automotive Warehouse
Little Rock, Ark.-based Replacement Parts Inc., which goes to market as Parts Warehouse Inc. (PWI) and Crow-Burlingame, has completed its merger with Marianna, Fla.-based Tri-States Automotive Warehouse.
The two companies announced plans to merge in May, and finalized the deal Aug. 14.
Tri-States, previously led by the Spence and Stephens families, adds 20 company stores to Parts Warehouse’s operation, bringing the business’ 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.”
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 states: Alabama, Arkansas, Florida, Georgia, Louisiana, Missouri, Mississippi, Oklahoma and Texas.
Parts Warehouse is a shareholder owner of the Aftermarket Auto Parts Alliance Inc.
PWI is a wholly-owned subsidiary of Replacement Parts, Inc. (RPI) also operating 194 company stores as Bumper to Bumper Auto Parts Stores/Crow-Burlingame Co. and Car Dealer Parts. The company provides parts for hundreds of Bumper to Bumper Certified Service Centers in Alabama, Arkansas, Florida, Georgia, Louisiana, Missouri, Mississippi, Oklahoma and Texas.