Automotive distribution organization Atlantic Pacific Automotive has been acquired by its former COO, Don Youngblood.
Youngblood, now CEO and president of Superior Automotive, and his equity partners from Dobbs Management Service have announced the acquisition of Atlantic Pacific Automotive (APA), the automotive parts division of Ezon, Incorporated of Germantown, Tenn. As managing owner, Youngblood will serve as CEO and president of APA and retain his position with Superior Automotive.
The purchase took place on October 1 and Youngblood says, “A seamless transition of staff and customer service has occurred as the company positions for a new level of growth and prosperity. I want to assure current and prospective customers that the new company has a strong financial base that will result in enhanced customer service and a comprehensive review of the company’s product lines, ordering, delivery, and marketing. My goal is to make the new APA the first call for fast-moving discount parts and accessories.”
Youngblood, a former 25-year employee with APA, previously worked for the family-owned business as executive vice-president and chief operating officer before leaving to purchase a manufacturing business within the industry.
Started in 1952, APA is recognized as an industry pioneer of extreme discounts on high-velocity automotive product lines to the independent jobber and redistribution aftermarket with a global customer base.
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