Aftermarket Auto Parts

ProHub Comment

This is a structured growth strategy case with three distinct parts: brainstorming growth avenues, calculating market share potential for DIFM expansion, and recommending validation activities. The case tests creativity in identifying opportunities while remaining grounded in market analysis and testing methodology.

Estimated Time 15 minutes
Difficulty Medium
Source Tuck
50 / 100

Our client, KLE Capital, is evaluating the acquisition of company ABC, a leading branded manufacturer of high-performance automotive aftermarket engine air filters, which prevent abrasive particulate matter from entering an engine’s cylinders. All internal combustion engines require some form of an air filter. ABC’s product improves a vehicle’s performance from baseline and lasts upwards of 5 times longer than standard air filters.

ABC’s primary sales channels include large retail auto parts stores (e.g., AutoZone, Napa, etc.) warehouse/club stores (e.g., Walmart, Costco), auto repair shops, and e-commerce (e.g., Amazon).

While ABC primarily serves the do-it-yourself (DIY) channel, it also has a small presence in the do-it-for-me (DIFM) channel (where auto repair shops installs the product for the consumer).

KLE Capital is interested in assessing opportunities to grow ABC post-acquisition.

Clarifying Information

  1. 90% of ABC’s sales are in North America
  2. ABC has an excellent reputation for quality, a strong customer following, and a high awareness among performance-minded drivers
  3. 100% of ABC’s sales are aftermarket sales (they replace a part that comes installed on a vehicle at the initial vehicle sale)