WORLDPAC, Inc. - Company Market Research Report
Company Overview
- Name: Worldpac, Inc.
- Mission: Not explicitly stated, but the company is dedicated to serving professional independent service centers with original equipment and quality aftermarket automotive replacement parts.
- Founded: Result of multiple acquisitions completed in 1995, with service roots dating back to 1969.
- Founder(s): No specific founders are mentioned due to its formation through acquisitions.
- Key People:
- John Hamilton - President and CEO (Effective November 4, 2024).
- Bob Cushing - Strategic Advisor (Former President).
- Headquarters: No specific headquarters location is mentioned in the provided information.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Distribution of original equipment and quality aftermarket replacement automotive parts to independent service centers. Renowned for its comprehensive inventory and advanced distribution systems.
Products
Worldpac offers a wide range of automotive parts and products which include:
- Air Conditioning/Heating:
- Blower Motors, Compressors, Condensers, Evaporators, etc.
- Brake System:
- Brake Pads, Rotors, Calipers, Master Cylinders, etc.
- Clutch:
- Clutch Kits and Components, Hydraulics.
- Cooling System:
- Radiators, Water Pumps, Hoses, Thermostats, etc.
- Electrical:
- Alternators, Batteries, Headlamps, Ignition Wires, etc.
- Engine:
- Oil Pumps, Pistons, Timing Belt Kits, Valves, etc.
- Exhaust System:
- Catalytic Converters, Muffler/Resonators.
- Maintenance:
- Air Filters, Spark Plugs, Oil Filters, Wiper Blades.
- Miscellaneous:
- Antennas, Door Handles, Fuel Management Kits.
- Suspension:
- Shocks, Struts, Wheel Bearings, Tie Rods.
- Transmission:
- Drive Shafts, U-Joints, Seals/Gaskets, Torque Converters.
- Key Features:
- Comprehensive inventory of over 160,000 part numbers from 45+ car manufacturers.
- SpeedDIAL ordering software for efficient and accurate parts ordering and fulfillment.
Recent Developments
- Acquisition and Leadership Change:
- As of November 4, 2024, Worldpac has been acquired by Carlyle Group from Advance Auto Parts.
- John Hamilton appointed as President and CEO, bringing a wealth of industry experience.
- New Appointments:
- Bob Cushing transitions to Strategic Advisor, providing guidance with his extensive industry experience.
- Strategic Milestone:
- The acquisition by Carlyle marks significant growth opportunities and enhanced focus on delivering high-quality services and parts.
- Partnerships and Investments:
- Carlyle's investment is set to accelerate Worldpac’s growth through extensive resources and expertise in the automotive aftermarket.
Disclaimer
Certain statements in this report may be forward-looking concerning potential growth and development strategies. These projections are subject to risks characterized by various industry conditions.
Contact Information:
- Carlyle: Brittany Berliner - (212) 813-4839
- Worldpac: Jay Potter - (800) 888-9982
For more detailed information, please visit Worldpac's official site [www.worldpac.com](http://www.worldpac.com) or Carlyle's site [www.carlyle.com](http://www.carlyle.com).
