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keystoneautomotive.com

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Portfolio Exits

1

Partners & Customers

2

About Keystone Automotive Holdings

Keystone Automotive Holdings Headquarter Location

44 Tunkhannock Avenue

Exeter, Pennsylvania, 18643-1221,

United States

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Latest Keystone Automotive Holdings News

Platinum Equity Buys Majority of Keystone Automotive

Mar 30, 2011

Platinum Equity Buys Majority of Keystone Automotive March 30, 2011 Follow @luisarbeltran Platinum Equity said Wednesday that it has bought a majority stake in Keystone Automotive Holdings, parent of Keystone Automotive Operations. To get the stake, Platinum and other bond holders converted debt to equity and bought additional common stock through a rights offering on March 29. PRESS RELEASE Platinum Equity announced today that it has acquired a majority interest in Keystone Automotive Holdings, Inc., the parent company of Keystone Automotive Operations, Inc. (“Keystone”), and will work with the company’s management team on an operational plan to improve Keystone’s ability to compete in the specialty aftermarket auto parts industry. Platinum was previously Keystone’s largest bond holder and worked closely with Keystone and the company’s other debt holders to develop and execute a recapitalization plan that resulted in Platinum becoming the majority owner of the business. Platinum achieved its majority ownership position through an exchange offer that closed on March 29, 2011 in which Platinum and other bond holders converted debt to equity and acquired additional common stock through a rights offering. “Keystone has a strong management team, dedicated employees and an unparalleled distribution network,” said Jacob Kotzubei, partner, Platinum Equity, who led the team pursuing the Keystone acquisition. “With a restructured balance sheet, ample liquidity and the added support of Platinum’s operations team and M&A resources, Keystone is now well positioned for growth and long-term success.” Ed Orzetti, Keystone CEO since 2006, will continue to lead the company under Platinum Equity’s ownership. “Partnering with Platinum Equity and successfully recapitalizing our business is great news for Keystone’s customers, suppliers and employees,” said Mr. Orzetti. “We will continue offering the most comprehensive inventory selection in our industry, the highest levels of customer service, and the innovative marketing support our partners expect and deserve.” Platinum has already deployed a team to work with Keystone on a plan to improve overall business performance. Mr. Kotzubei said that Platinum’s M&A resources will actively support Keystone going forward as well. “We will work closely with Keystone to identify and pursue opportunities to grow the business organically and through additional acquisitions,” said Mr. Kotzubei. About Platinum Equity Platinum Equity (www.platinumequity.com) is a global M&A&O® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, logistics, metals services, manufacturing and distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed over 115 acquisitions. About Keystone Automotive Keystone Automotive Operations, Inc. and its affiliates are wholesale distributors and retailers of aftermarket automotive accessories and equipment, with operations servicing customers in all regions of the United States and provinces of Canada, as well as various other international locations. The Company’s fleet of over 300 trucks provide multi-day per week delivery and returns covering the 48 contiguous states and nine provinces of Canada. The Company sells and distributes specialty automotive products, such as light truck/SUV accessories, car accessories and trim items, specialty wheels, tires and suspension parts, and high performance products to a fragmented base of approximately 15,000 customers. The Company’s wholesale operations include an electronic service strategy providing customers the ability to view inventory and place orders via its proprietary electronic catalog. The Company also operates 20 retail stores in Pennsylvania. The Company’s corporate headqua rters is in Exeter, Pennsylvania. © 2015 Buyouts Insider / Argosy Group LLC

Keystone Automotive Holdings Portfolio Exits

1 Portfolio Exit

Keystone Automotive Holdings has 1 portfolio exit. Their latest portfolio exit was Keystone Automotive Operations on March 07, 2011.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/7/2011

Acq - Fin - II

Date

3/7/2011

Exit

Acq - Fin - II

Companies

Valuation

Acquirer

Sources

Keystone Automotive Holdings Acquisitions

3 Acquisitions

Keystone Automotive Holdings acquired 3 companies. Their latest acquisition was NTP Distribution on October 21, 2011.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/21/2011

$99M

Acquired

12/14/2005

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$99M

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0

10/21/2003

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$99M

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0

Date

10/21/2011

12/14/2005

10/21/2003

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

0

0

Keystone Automotive Holdings Partners & Customers

2 Partners and customers

Keystone Automotive Holdings has 2 strategic partners and customers. Keystone Automotive Holdings recently partnered with Carmanah Technologies on May 5, 2011.

Date

Type

Business Partner

Country

News Snippet

Sources

5/19/2011

Partner

Carmanah Technologies

Canada

1

Partner

Holley Performance Industries

United States

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10

Date

5/19/2011

Type

Partner

Partner

Business Partner

Carmanah Technologies

Holley Performance Industries

Country

Canada

United States

News Snippet

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Sources

1

10

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