Keystone Automotive, Platinum Buy Vehicle Parts Vendor

Law360, New York (October 20, 2011, 8:10 PM ET) -- Pennsylvania-based automotive component distributor Keystone Automotive Operations Inc. has bought NTP Distribution Inc., a seller of after-market recreational and towing vehicle parts, with the help of private equity firm Platinum Equity LLC — Keystone's majority owner, the company said Thursday.

The buyers, which are privately held, did not disclose how much the transaction cost Keystone, which operates what it says is a $600 million distribution business in 28 locations in the U.S. and Canada.

The acquisition expands Keystone's product portfolio and customer base in the RV...
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