Sale to LKQ Corporation

Industrial
Industrial
Sale to LKQ Corporation

Summary

Baird served as a financial advisor to The Coast Distribution System, Inc. on this transaction.

About

The Coast Distribution System, Inc. (“Coast” or the “Company”) (NYSE MKT: CRV) was recently acquired by an affiliate of Keystone Automotive Operations, Inc., which is a wholly owned subsidiary of LKQ Corporation (“LKQ”) (NASDAQ: LKQ) for $5.50 per share in cash. Total cash consideration paid for Coast’s outstanding shares was approximately $29 million.

Coast is one of North America's largest wholesale aftermarket suppliers of replacement parts, supplies and accessories for the recreational vehicle (RV) and outdoor recreation markets. Coast supplies more than 14,000 products through 17 distribution centers located in the United States and Canada. Coast's customers consist of independently-owned RV dealers, supply stores and service centers. Coast is based in Morgan Hill, California.

LKQ is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, the United Kingdom, the Netherlands, Belgium, France, Scandinavia, Australia and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. LKQ is based in Chicago, Illinois.

For additional information about this transaction, please contact:

Adam Czaia +1 414-298-7358
Jason Kliewer +1 813-273-8242
Chris McMahon +1 312-609-4983
Jon Fitzsimmons +1 414-298-2460
David Silver +44 (0) 207 667 8216
Satoshi Matsumoto +1 312-609-5446
Industrial
Industrial
Sale to LKQ Corporation
Date
August 2015
Company
The Coast Distribution System, Inc.
Transaction
M&A
Sectors
Industrial
Industrial
Target Location
North America
Acquiror Location
North America

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