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Berkshire Partners, Kevin Callaghan and Larry Hamelsky – Culture and Compounding at Parts Town (S1, EP.04)
Private Equity Deals with Capital Allocators
Parts Down - When Did It Get Created?
The company was founded in 1987, but it didn't do much for the first 15 years until Steve Snow showed up. The CEO's vision was how to put all of that information online and educate technicians about what they need. They then convinced some of these OEMs to outsource some of their parts distribution to them. It took off from there.
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