Hensel Recycling Acquires Red Fox Resources

Fenix Parts Acquires Green Auto Parts & Recycling

April 4, 2024

Transportation

Fenix Parent LLC (operating as Fenix Parts) has completed the acquisition of the assets of Green Auto Parts & Recycling in Sun Valley, California, marking Fenix's first location in California and expanding its footprint to 26 full-service and 5 self-service locations. The company said the acquisition establishes a West Coast presence to better serve the Los Angeles market; Edgar Akopyan will join Fenix as Director of Business Development, Southern California. Fenix is backed by Stellex Capital Management.

Quarterhill Acquires Red Fox I.D. Limited

March 15, 2024

Transportation

Quarterhill Inc. has entered into a definitive agreement to acquire all outstanding shares of Red Fox I.D. Limited, a UK-based provider of Automatic Vehicle Detection and Classification (AVDC) software for the tolling industry, for up to US$10.2 million in cash and equity. Quarterhill expects the acquisition to close around April 1, 2024, to expand its software capabilities and accelerate growth in higher-margin software sales; Red Fox is expected to generate approximately US$1.4 million of annualized adjusted EBITDA in 2024 and the deal is expected to be immediately accretive.

Fenix Parts Acquires Assets of Reno Auto Parts

October 4, 2022

Automotive

Fenix Parent LLC (operating as Fenix Parts) has completed the acquisition of the assets of Reno Auto Parts, a full-service automotive recycler in Hillsboro, Ohio. The deal expands Fenix's Midwest footprint and production capacity, growing its network of full-service and self-service locations.

Fenix Parts Acquires Fox Auto Parts

June 5, 2023

Automotive

Fenix Parent LLC (operating as Fenix Parts) has completed the acquisition of the assets of Fox Auto Parts in Belleville, Michigan, expanding Fenix's Midwest footprint and bringing its network to 23 full-service and 5 self-service locations. Bill and Bob Fox will join Fenix's leadership team, and the deal increases Fenix's production and distribution capacity in the Detroit, Ann Arbor and Northern Ohio markets.

Fenix Parts Acquires Keiffer Auto Recyclers

January 5, 2022

Automotive

Fenix Parent LLC (operating as Fenix Parts), a Stellex Capital-backed automotive recycler and reseller, completed the acquisition of the assets of Keiffer Auto Recyclers in Canton, Ohio. The deal expands Fenix's Midwest footprint and adds production capacity and an established customer base in northeast Ohio.

Delos Capital and The Silverfern Group Acquire Pioneer Recycling Services

December 28, 2021

Environmental Services

Delos Capital and The Silverfern Group partnered to acquire Pioneer Recycling Services, a Tacoma, Washington–based operator of materials recovery facilities (MRFs) serving residential, commercial, municipal and industrial customers across the Pacific Northwest. Capstone Partners advised Pioneer (a portfolio company of Central Valley Fund) on the transaction; the PE buyers said they will partner with Pioneer’s management to grow the business and invest in its processing capabilities.