Auto Plus adds 2 stores in Indy

INDIANAPOLIS (Dec. 22, 2016) — Auto Plus/Pep Boys – Manny, Moe & Jack has acquired Circle City Auto Parts, an Indianapolis parts wholesaler with two locations.

"The acquisition…marks an expansion in one of Auto Plus and Pep Boys' top 50 target markets for growth," Brent Windom, president and CEO of Auto Plus/ Pep Boys, said.

"Adding their locations to our existing network in Indianapolis means we will continue to strengthen our presence in this market."

Financial terms of the deals were not disclosed.

The parts distributor was founded 17 years ago with the support of Auto Plus, according to Circle City Owners Kevin Perry and Mike Dininger, who said they and their 20 employees will continue to work at the business as their locations transition to corporate-owned Auto Plus stores.

"…with Kevin and Mike staying on board, we have market expertise to leverage as we consider future opportunities to grow in the greater Indianapolis area," Mr. Windom said.

Kennesaw, Ga.-based Auto Plus/Pep Boys has 15 Auto Plus and three Pep Boys locations in the Indianapolis metro area.

Mr. Windom added that Circle City's knowledgeable parts professionals make them a "natural fit" as Auto Parts continues to execute its strategy to expand its store count and enhance its team of automotive experts.