APS, Inc.
Client
Prior to dissolving, APS, Inc. was the third largest after-market auto parts distributor with annual revenues of approximately $800 million. The Company had approximately 37 distribution centers, in excess of 500 retail stores and 800 jobbers.
Challenge
The Company was forced into bankruptcy and needed to liquidate substantially all operating assets.
Solution
The Bridge team worked closely with the Company's investment bankers to effect the sale of operations.
Results
Thirty seven distribution centers and 500 company stores were successfully sold.