Advance Auto Parts is an American automotive parts retailer, headquartered in Raleigh, North Carolina. It is the largest retailer of automotive parts and accessories in the United States by sales. As of 2019, Advance Auto Parts operates over 5,200 stores in the United States, Puerto Rico, and Virgin Islands.
The company was founded in 1932 by Richard E. Hatcher Sr. and Arthur Taubman as Advance Stores. The name was later changed to Advance Auto Parts in 1957. In 2012, Advance Auto Parts acquired General Parts International, Inc. (GPI), a leading distributor of original equipment and aftermarket automotive replacement parts and related maintenance items.
Today, Advance Auto Parts is a leading automotive aftermarket retailer of quality replacement parts, batteries, brakes and more with over 5,200 stores across the U.S., Puerto Rico and the U. Virgin Islands. With approximately 3,800 team members working in our stores, distribution centers and corporate offices, we are truly proud to be a part of the Advance Auto Parts family.
What company owns Advance Auto Parts?
As of 2019, Advance Auto Parts is owned by The Carlyle Group, an American multinational private equity firm.