DSS ProDiesel Announces Acquisition of Diesel Parts of America, Inc.
Wednesday, November 20, 2019
Posted by: Lauren Groves
DSS ProDiesel, a leading supplier of diesel fuel injectors and related products expands its international presence and product lines by acquiring Diesel Parts of America, Inc.
The combined company offers over 100 years of experience, an unmatched product catalog and established distribution in more than 50 countries
Hart Marx Advisors facilitated the transaction between Tennessee based ProDiesel and Diesel Parts of America, Inc. (DPA) located in Southern California
San Rafael, Calif. -- Diesel Parts of America (DPA) has been acquired by Nashville, Tennessee-based DSS ProDiesel. DPA brings extensive international diesel fuel injector experience to DSS ProDiesel, creating a combined company that serves the diesel fuel injector needs of more than 50 countries.
DSS ProDiesel was founded in 1959 and has become the North American leader in remanufacturing of diesel fuel injectors, pumps, and other injection products and services. DPA is similarly experienced in fuel injector manufacturing and remanufacturing, as well as injector components and other diesel parts. DPA concentrates in international markets and global vehicle applications. The combined company will offer faster delivery across North America, broaden international support and products and accelerate overseas market development.
Win Keith, President of DSS ProDiesel stated, “ProDiesel has maintained an industry leading presence through our global network of distributors, and DPA brings additional international expertise, new markets, and an established customer base. Not only does the acquisition accelerate growth, it creates an opportunity to support the combined customer base with a deeper product line and enhanced services.”
DSS ProDiesel and DPA has over 100 years of combined diesel fuel injection experience. With the addition of DPA, DSS ProDiesel will provide even greater products and services both domestically and abroad. DPA’s catalog of more than 30,000 products brings additional applications to DSS ProDiesel’s already extensive product line. Delivery times will be reduced across North America with the addition of DPA’s West Coast facility.
Ara Mansourian, President of DPA stated, “DSS ProDiesel is a great strategic fit with complementary expertise, markets, and products representing a unique opportunity to grow the combined customer base through expanded product lines, services, and reach. I look forward to staying on board to focus on sales and development initiatives to grow the business.”
Ara Mansourian will continue with DSS ProDiesel, assuming responsibilities for West Coast sales, marketing and operations as well as international business development.
Hart Marx Advisors represented Diesel Parts of America and facilitated the transaction. Financial terms of the purchase were not disclosed.
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About Hart Marx Advisors
Hart Marx Advisors is a consulting firm that assists buyers and sellers in the automotive and heavy-duty industries with mergers and acquisitions (M&A), divestitures, along with capital formation for private equity placements. A highly experienced team of specialists provide buyers and/or sellers with a full range of services, including: M&A strategy, planning, investigation, buyer/seller identification, negotiations, due diligence support and integration. With locations in San Rafael, CA; Eagle, ID; Kansas City, MO, Bloomfield Hills, MI; Jacksonville, FL; and London, UK, Hart Marx Advisors specializes in lower to middle market business transactions. For more information on Hart Marx Advisors, visit hartmarxadvisors.com.
For further product/service information, contact:
Devin Hart, Managing Partner, Hart Marx Advisors
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