National Performance Warehouse Companies (NPW), announces that it will acquire Performance Warehouse in the Pacific Northwest, again expanding the Company’s presence on the West Coast. The transaction is expected to close on October 15th.
NPW will add two warehouses to make the Companies warehouse total now 19 across the US and Canada. The package includes the Hillsboro, OR and Tacoma WA warehouses and 4 stores; 3 in California and 1 in Idaho.
Performance Warehouse was founded in 1969 and markets performance, truck accessories and traditional parts. Their business model and products closely align with NPW’s. Both Companies are members of the largest buying groups in traditional and performance, the Aftermarket Auto Parts Alliance and AAM Marketing.
Performance Warehouse will continue to operate with JR Moore at the helm and industry veteran Mark Noble will oversee the two warehouse operations and the 4 stores, while Bonnie Delaney will join the NPW marketing team. The Baxter Stores will continue to operate with Ken Moore, Jim Moore and Kim Cham.
“I have been associated with Lisle, JR and the Moore/Baxter families for many years. The common lines and market strategy align with our service, so this is a perfect fit. They run a great operation and we are happy that we could make this deal and continue to expand into major markets.”Larry Pacey, President and CEO of NPW
“This was a great opportunity to join two businesses with many synergies. The similar culture of NPW and Performance Warehouse will be good for the customers and employees. We are glad to partner with another family run business and a growing company with a national footprint.”JR Moore