LOS ANGELES, February 27, 2018 – Kingswood Capital Management, LLC (together with its affiliates, “Kingswood”), an operationally-focused lower-middle market private equity firm, announced today that it has acquired substantially all of the assets of AutoAnything, Inc. (“AutoAnything” or the “Company”). Based in San Diego, California, AutoAnything is a leading online retailer of automotive performance parts and accessories. Prior to the acquisition, AutoAnything was a subsidiary of AutoZone, Inc. (NYSE: AZO), the largest retailer of aftermarket automotive parts and accessories in the United States.

Brandon Proctor, President of AutoAnything, said “We look forward to working with Kingswood and continuing to provide our customers with market leading products and service. Kingswood’s expertise and operational support will allow us to accelerate the execution of our strategic plan and to reach our full potential as an independent company.”

As part of the transaction, Drew Sanocki, a Kingswood operating executive and an e-commerce veteran, having participated in the sector as a founder, operator, advisor and investor, is joining the Company as Executive Chairman and will be actively involved with the Company’s senior management team in executing the Company’s long term plan.

“We are excited about partnering with a leader in such a large and expanding category. We look forward to working with the AutoAnything team to innovate and grow the company as a category leader,” said Mr. Sanocki.

Alex Wolf, Managing Partner of Kingswood, commented, “As an early mover in the online automotive aftermarket category, AutoAnything was able to develop some distinct competitive advantages in a large, fragmented and growing market. We are delighted to partner with Brandon, Drew and the entire AutoAnything team to further build upon those strengths for the benefit of AutoAnything’s customers, employees and vendor partners.”

Dentons LLP served as legal counsel to Kingswood. Guggenheim Securities, LLC acted as financial advisor to AutoZone and the Company.