Stellex Capital Management has completed a single asset continuation vehicle transaction involving Fenix Parts
Client: Stellex Capital Management
Client Location: United States
Target: Fenix Parts
Target Location: United States
Target Description: Fenix Parts is a leading recycler and reseller of original equipment manufacturer (OEM) automotive products. The company’s primary business is auto recycling, which is the recovery and resale of OEM parts, components and systems reclaimed from damaged, totaled or low-value vehicles. Fenix was founded in 2014 to create a network that offers sales, fulfillment and distribution in key regional markets in the United States. Fenix currently operates locations in the Northeast, Southeast, Southwest, Midwest and Southern California, and the Fenix companies have been in business for more than 25 years on average.
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