M&A
confidence high
sentiment positive
materiality 0.65
LKQ sells Self Service segment (Pick Your Part) for $410M enterprise value
LKQ CORP
- Enterprise value of $410 million; sale to affiliate of Pacific Avenue Capital Partners.
- Proceeds to be used for debt repayment; transaction expected to close in Q4 2025.
- Divestiture aligns with LKQ's strategy to simplify portfolio and focus on core segments.
- Competitive bid process attracted multiple parties; Jefferies and Wachtell advising LKQ.