Private equity firm HCI Equity Partners (HCI) tapped Matt Johnson to lead its newly-launched automotive aftermarket distribution platform Driven Distribution Group.
The CEO appointment comes on the heels of Driven Distribution’s acquisition of the auto parts and accessories distribution business of Chicago Parts & Sound in October and the recapitalization of Tri-State Enterprises in November 2023.
“I look forward to guiding Driven Distribution’s growing operations as we expand into new regions and partner with new businesses, all while continuing to provide best-in-class service to our customers,” Johnson said.
Most recently, Johnson was CEO of EiKO Global, a manufacturer and distributor of LED lighting appliances and fixtures. Previously, he was also chief operating officer and executive vice president at both Pep Boys, an automotive aftermarket service and repair provider, and Parts Authority, a distributor of automotive aftermarket parts. Prior to those positions, he served stints at Altrom Group, Interamerican Motor Corp. and Westborough Management Group.
“He brings with him a wealth of experience in leading large automotive aftermarket businesses, integrating and growing multi-business unit companies, managing rapid-paced acquisitions and building scalable processes and teams,” HCI Partner Scott Gibaratz said. “Matt aligns seamlessly with our team, our culture and our strategic objectives, and we believe he will be instrumental in driving our continued success.”
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