Blue Point-Backed Transtar Picks Up Speed with C&M Auto Parts, Reinforcing General Automotive Repair Focus

C&M Represents Transtar’s Second Acquisition in 2023

Blue Point Capital Partners and its portfolio company, Transtar Holding Company, are pleased to announce the acquisition of C&M Auto Parts, a family-owned wholesale supplier of truck and automotive parts with a focus on undercar and underhood products.

Based in Trenton, New Jersey, C&M services independent, regional and national repair shops, dealerships, government agencies and fleets throughout Central New Jersey. C&M is a member of The National Pronto Association and brings preferred supplier buying programs, valuable nationwide warranty programs for customers and other support advantages.

“As we got to know the Transtar team, it became clear that our teams are well-aligned in our values, commitment to growth and dedication to serving our customers,” said C&M Founder Glenn Morreale, who will join Transtar’s executive leadership team.

Transtar CEO Neil Sethi added, “C&M’s full-line product offering, deep supplier relationships and operational experience will be powerful drivers as we look to further expand our footprint in the general automotive repair channel.”

Transtar is a portfolio of automotive aftermarket brands with business units focused on parts distribution, cutting-edge e-commerce, software, coatings products and more. C&M represents Transtar’s second acquisition in 2023 — the company recently acquired Pro Form Products, a manufacturer of refinishing and repair products for automotive, aviation, industrial and marine applications.

“The addition of C&M demonstrates Transtar’s commitment to deepening its experience in the professional installer segment, as well as the team’s ongoing dedication to its values and customer service,” said Blue Point Partner Brian Castleberry. “Likewise, Blue Point is committed to providing the full Transtar portfolio of companies the resources needed to grow, and strategic M&A and successful integration will continue to be a key component of our strategy.”

C&M Auto Parts is a wholesale supplier of truck and automotive parts, providing customers with quality parts, service and partnership. The company services independent, regional and national repair shops, dealerships, government and fleets throughout Central New Jersey. C&M is headquartered in Trenton, NJ, with branches in Freehold, Sayreville and Windsor.

Transtar Holding Company is an integrated portfolio of brands that provides world-class customer service, distribution and manufacturing of OE and aftermarket automotive products. Headquartered in Cleveland, Ohio, Transtar uses its robust distribution network throughout the United States, Puerto Rico and Canada to supply products to more than 80 countries.

Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization. The Firm focuses on opportunities where it can leverage its unique global supply chain, data & digital and human capital capabilities as well as its collective experience, extensive operating resource network and focused add-on acquisition efforts. Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue.

Note: Certain statements about Blue Point Capital Partners made by portfolio company executives herein are intended to illustrate Blue Point Capital Partners’ business relationship with such persons, including with respect to Blue Point Capital Partners’ facilities as a business partner, rather than Blue Point Capital Partners’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Blue Point Capital Partners-sponsored vehicles.

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