Project Description
Torrance, CA
Motorcar Parts of America, Inc.
Fund
Fund
VI
Investment Date
Investment Date
2023
Industrial Manufacturing
Industrial Manufacturing
Motorcar Parts of America, Inc.
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts — including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the Company’s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems.
Motorcar Parts of America, Inc.
With one of the most extensive catalogs in the industry, MPA’s coverage on Starters, Alternators, Wheel Hub Assemblies & Bearings, Brake Master Cylinders, Power Brake Boosters, Brake Calipers, and Turbochargers allows the Company to stand among the premier global suppliers of premium quality automotive aftermarket replacement parts.
This strategic investment complements management’s ongoing goals and objectives, while enhancing the Company’s working capital to support building sustainable shareholder value. The Company not only values the investment, but also the participation of Bison’s co-founder.
Selwyn Joffe, Chairman, President, and Chief Executive Officer of MPA.
Bison Team
Motorcar Parts of America, Inc.
“We are extremely excited to be partnering with the MPA team to help accelerate the Company’s growth trajectory. MPA is a clear category leader in its sector, and we believe the Company is well-positioned to capitalize on tailwinds in the automotive aftermarket.”
– Doug Trussler, Partner at Bison Capital
