Qualis Automotive, a portfolio company of Hammond, Kennedy, Whitney & Company, Inc., has been acquired by Centric Parts. Quarton Partners acted as the exclusive financial advisor to Qualis Automotive.
Qualis is a premier provider of OE-quality replacement components to the automotive aftermarket. In total, Qualis manages over 12,000 SKUs consisting of replacement brake, chassis and hydraulic products. The Company has developed a leading market position serving retailers, national installers, warehouse distributors and OES participants. Qualis is headquartered in Troy, Michigan with a distribution center located in Hebron, Kentucky.
Centric Parts is a leading manufacturer and supplier of aftermarket brake components and systems for cars, work-duty vehicles and performance vehicles under the Centric, StopTech® and PosiQuiet® brands, among others. Centric was founded in 2000 and is headquartered in City of Industry, California.