The Business

Vintage Parts (www.vpartsinc.com) is a Beaver Dam, Wisconsin-based provider of supply chain, logistics, and distribution management services for slow-moving and inactive parts from original equipment manufacturers (“OEMs”).  Vintage Parts buys and warehouses for future sale inventories of original slow-moving and inactive parts that OEMs no longer find economical to maintain themselves. Vintage Parts has relationships with some of the most recognized industrial brands in the world, including CNH, Caterpillar, Chrysler, Ford, GM, John Deere, Harley Davidson, Honda, Komatsu, and Mercedes-Benz.

 

The Industry

Vintage Parts supports durable goods manufacturers in large and diverse industries.  The company purchases original service parts from more than 50 OEMs in the automotive, agriculture, heavy-truck, construction, industrial engine, material handling, mining, and oil and gas industries.  Vintage Parts actively manages more than 1,000,000 slow-moving and inactive OEM part numbers.

 

The Process

Prestwick Partners acted as a co-advisor to Vintage Parts and Sentinel Capital Partners, a New York-based private equity group.  Prestwick’s role in the transaction was focused exclusively on identifying family-office buyers for Vintage Parts.  GenNx360 Capital Partners, a New York-based private equity firm investing in middle market companies, acquired Vintage Parts.