Carnesville, GA and Charles City, VA – Road Tested Parts (“RTP” or the “Company”), a leading value-added distributor of recycled OEM automotive parts to collision and mechanical repair shops is proud to announce that it has partnered with Lacy Auto Parts (“Lacy”) to bolster its position in the Southeast.
RTP was established in 2021 when Weaver Parts partnered with private equity firm Incline Equity Partners in order to facilitate rapid expansion through organic growth initiatives and acquisitions of like-minded automotive salvage businesses. Based in Charles City, VA and founded in 1940, Lacy Auto Parts is a regional leader in the recycled parts distribution industry serving customers in Virginia, Maryland, Washington DC, and North Carolina. Lacy is led by third-generation operators Matt, Graham and Andrew Lacy. Going forward, Matt will assume the role of Chief Operating Officer for the combined businesses and Graham and Andrew will serve as corporate Vice Presidents.
“I’m thrilled to partner with the Lacy brothers and their exceptional team,” said Bill Westerman, CEO of RTP. “Lacy Auto Parts has been a pioneer in advancing the automotive salvage industry with its use of systems and technology. We’re excited to leverage Lacy’s best practices across the RTP network.”
“I’m incredibly proud to fly the RTP flag at the business my grandfather started over 70 years ago,” said Matt Lacy. “Our industry is rapidly evolving, and we believe joining RTP best positions Lacy for the future. Our customers will have access to a broader assortment of parts with continued exceptional service, and our employees will have tremendous growth opportunities as part of a larger organization.”
