DealerShop, a portfolio company of Resilience Capital Partners, has acquired Jobbers Automotive. Resilience acquired DealerShop (then Leader Auto Resources) in April 2020.
DealerShop is a provider of buying group services including high-volume and private-label products, direct products and services, equipment for buildout or retrofit of new dealerships and collision centers, and training. The company, headquartered in the Detroit suburb of Birmingham, Michigan, currently serves over 2,000 dealerships and 270 collision centers across North America.
Cleveland-headquartered Jobbers Automotive, led by CEO John Gemperline, is a full-service supplier of auto parts, janitorial supplies, equipment, bulk oil, and other products to automotive dealerships and collision centers in Ohio.
The acquisition of Jobbers expands DealerShop’s national footprint and product line for vehicle dealerships and independent service centers in North America.
“Jobbers Automotive has a long-standing reputation for providing exceptional service and high-quality products to the Ohio market for over 70 years,” said Bill Gryzenia, the president and CEO of DealerShop. “We are delighted to have the talented and experienced Jobbers Automotive team join the DealerShop family of companies. The acquisition will enable us to provide our customers with a broader range of products and services and leverage the synergies from the consolidated footprint to drive growth and enhance value.”
“We are all very excited about this next chapter of growth for DealerShop,” said Bassem Mansour, CEO of Resilience. “Strategic geographic expansion has been one of our key priorities and we look forward to continuing our robust growth trajectory.”
Resilience Capital Partners invests from $10 million to $40 million in middle-market companies with $25 million to $250 million in revenues and EBITDA typically under $20 million. Sectors of interest include niche-oriented manufacturing, value added distribution, and business services. The firm was founded in 2001 and is based in Cleveland, Ohio.
© 2023 Private Equity Professional | June 16, 2023
