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LKQ Corporation to Sell Self-Service Segment, Net Sales Breakdown by Activity.
ByAinvest
Tuesday, Aug 26, 2025 8:04 am ET1min read
LKQ Corporation has agreed to sell its self-service segment, a distributor of spare parts and car accessories in North America. Net sales breakdown by activity includes sales of brand-new and second-hand car parts (95.6%), and vehicle repair services (4.4%). The company operates in the United States (47.6%), Germany (12.1%), the United Kingdom (11.8%), and other regions (28.5%).
LKQ Corporation, a leading distributor of spare parts and car accessories in North America, has agreed to sell its self-service segment. This division specializes in the distribution of brand-new and second-hand car parts, as well as vehicle repair services. The sale is part of LKQ's strategic plan to focus on its core competencies and enhance operational efficiency.The self-service segment, which operates across the United States, Germany, the United Kingdom, and other regions, will be acquired by Pacific Avenue Capital Partners, a Los Angeles-headquartered private equity firm. Pacific Avenue is known for its expertise in corporate carve-outs and complex transactions in the middle market. The acquisition will enable Pacific Avenue to expand its portfolio and drive growth in the sustainable automotive recycling sector.
The transaction is expected to be completed during the fourth quarter of 2025, subject to customary closing conditions, including regulatory approval. Pacific Avenue has expressed its excitement about the acquisition, highlighting PYP's trusted brand and commitment to affordability, operational efficiency, and environmental stewardship. The firm plans to support PYP's management team and execute value creation strategies to drive long-term success.
LKQ's net sales for the self-service segment, as of the latest financial data, break down as follows: 95.6% from sales of brand-new and second-hand car parts, and 4.4% from vehicle repair services. The geographic distribution of net sales includes the United States (47.6%), Germany (12.1%), the United Kingdom (11.8%), and other regions (28.5%).
References:
[1] https://www.nasdaq.com/press-release/affiliate-pacific-avenue-capital-partners-acquire-pick-your-part-lkq-corporation-2025
[2] https://www.marketscreener.com/news/lkq-corporation-agrees-to-sell-its-self-service-segment-ce7c50d9db89f221
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