Leader Auto Resources LAR Inc.
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Leader Auto Resources LAR Inc. - overview
Established
1980
Location
Pointe-Claire, -, Canada
Primary Industry
Retail
About
Leader Auto Resources LAR Inc. is a Canadian company specializing in providing a wide array of products and services to support franchised new car dealerships across North America. Founded in 1980 in Pointe-Claire, Canada, Leader Auto Resources LAR Inc. focuses on enhancing dealership operations.
The company's CEO is Jameel Taha. In March 2020, Resilience Capital Partners invested an undisclosed amount for a 40% minority stake in the company, which included plans for rebranding its U. S. business as DealerShop.
LAR offers a comprehensive suite of products and services primarily focused on supporting franchised new car dealerships in North America. Its core offerings include an extensive selection of automotive parts, collision center services, waste management solutions, and specialized insurance products tailored to dealership operations. The company serves over 3,000 member dealerships and more than 290 collision center members, benefiting from LAR's extensive supplier network and training institute. LAR generates revenue through a structured model comprising membership fees, product sales, and service contracts with automotive dealerships and collision centers.
Transactions are conducted on a B2B basis, utilizing LAR's established procurement systems. LAR provides a user-friendly online shop, optimizing purchasing processes and inventory management for its clients, although specific pricing plans are not disclosed. The company plans to launch new products designed to enhance dealership efficiency and profitability, although specific release dates are not stated. LAR aims to expand its presence in the United States and Canada, supported by the recent investment from Resilience Capital Partners, which will assist in executing these growth initiatives following the March 2020 deal.
Current Investors
Resilience Capital Partners
Primary Industry
Retail
Sub Industries
Education & Training Services, Automobile Dealerships
Website
www.larnet.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Leader Auto Resources LAR Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Jobbers Automotive LLC | - | ||||||||
| Add-on | Completed | Total-Tool, Inc. | - | ||||||||
| Growth | Completed | Leader Auto Resources LAR Inc. | - |
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