# Carlyle to acquire Worldpac from Advance Auto Parts for $1.5 billion

Advance Auto Parts has agreed to sell its Worldpac automotive parts wholesale distribution business to funds managed by Carlyle for $1.5 billion in cash. The transaction is expected to close before the end of 2024.

- Type: Acquisition
- Announced: 2024-08-22
- Where: United States
- Value: $1.50B
- Status: announced
- Products: automotive parts wholesale distribution
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Advance Auto Parts](https://endata.com/companies/50805.md) (partner)
- [Advance Auto Parts](https://endata.com/companies/50805.md) (target)
- [Worldpac](https://endata.com/companies/79321.md) (target)

## Sources

- [ir.advanceautoparts.com](https://ir.advanceautoparts.com/investors/news-and-events/press-releases/press-release-details/2024/Advance-Auto-Parts-Announces-Sale-of-Worldpac-to-Carlyle-for-1.5-Billion/default.aspx), 2024-08-22: "Advance Auto Parts, Inc. announced that it has entered into a definitive agreement to sell Worldpac, Inc., an automotive parts wholesale distribution business, to funds managed by global investment firm Carlyle for $1.5 billion in cash."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2024-08-22/carlyle-agrees-to-buy-advance-auto-parts-unit-for-1-5-billion), 2024-08-22: "Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.