Headquartered in Lake Success, New York, Parts Authority is the leading distributor of automotive and truck parts to the automotive aftermarket industry in the U.S. The Company has rapidly grown its footprint to over 200 locations across the U.S. and distributes nearly 500,000 SKUs, primarily serving customers in the do-it-for-me segment, including independent installers, national fleets chains, jobbers, and e-tailers.
Kohlberg & Company, LLC is a leading private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized nine private equity funds, through which it has raised over $10 billion of committed equity capital. Over its 33-year history, Kohlberg has completed 81 platform investments and approximately 200 add-on acquisitions, with an aggregate transaction value in excess of $25 billion.
Cowen served as an advisor to the Board of Directors of Parts Authority.