---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-205390"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T07:59:50.283061+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Advance Auto Parts sells Worldpac to Carlyle for $1.5B cash; net proceeds ~$1.2B

## Summary
- Sale of Worldpac for $1.5B cash; expected to close in Q4 2024.
- Net proceeds ~$1.2B after taxes and fees; used to strengthen balance sheet and invest.
- Worldpac generated ~$2.1B revenue and ~$100M EBITDA over trailing twelve months.
- Transaction simplifies Advance’s structure, sharpens focus on blended box business.
- Carlyle (NASDAQ: CG) is buyer; Centerview, BofA, BMO, Latham & Watkins advisors.

## SEC filing metadata
- accession: 0001193125-24-205390
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158449/000119312524205390/0001193125-24-205390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000119312524205390/d858165d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-205390
- JSON: https://secwatch.observer/filing/0001193125-24-205390.json
- Plain text: https://secwatch.observer/filing/0001193125-24-205390.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.