Continental Auto Parts, LLC (“Continental Auto Parts” or “CAP”) is a Newark, New Jersey based warehouse distributor of aftermarket collision automotive parts primarily to multi-shop operators (“MSOs”) and independent collision repair centers. CAP maintains extensive product coverage across product categories, makes, and models to ensure first-call status with its customers. Founded in 1997 by Thomas Lee, CAP expanded organically through the opening of ten strategically located hubs across New Jersey, New York, Pennsylvania, and Ohio to become a leading regional platform in the collision aftermarket. The Company was at an important inflection point in its growth when it engaged Silvergrove to identify a strategic and financial partner to maximize its potential. A transaction was executed with Kinderhook Industries, LLC, a private investment firm that manages over $5.4 billion of committed capital and which has made more than 425 investments and follow-on acquisitions since inception. Kinderhook’s record of success as a private equity investor in founder owned companies, the firm’s deep automotive experience and its relationship with industry veteran Rob Wagman, former CEO of industry leader LKQ Corporation, made it the right strategic and financial partner for CAP. Thomas Lee remained as President and CEO and he and his family retained meaningful ownership in CAP while Rob Wagman joined the Company as Executive Chairman.