Genuine Parts Company $2 billion acquisition of Alliance Automotive Group

Overview:

• Genuine Parts Company has acquired Alliance Automotive Group for $2 billion from Blackstone and Alliance Automotive Group's co-founders.
• Alliance Automotive Group (AAG) is a auto parts distributor and is the second largest in Europe.
• The acquirer distributes auto parts throughout the United States, Mexico, Canada and Australasia. 
• JPMorgan provided financial advice to Genuine Parts Company, while Lazard and UBS acted for AAG. 

Katrin Kostadinova - Data analyst