About LKQ
LKQ is a company based in Chicago (United States) founded in 1998. It operates as a B2B, and B2C. The company has 1,304 employees as of March 31, 2023. LKQ has completed 18 acquisitions, including AeroVision, Andrew Page and Elite Electronics. LKQ offers products and services including Recycled Auto Parts, Aftermarket Parts, Remanufactured Engines, and Vehicle Diagnostic Services. LKQ operates in a competitive market with competitors including Valvoline, AutoZone, Keystone Automotive Operations, O'Reilly Auto Parts and Genuine Parts Company, among others.
- Headquarter Chicago, United States
- Employees 1304 as on 31 Mar, 2023
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Lkq Corporation
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Annual Revenue
$23.09 M (USD)46.49as on Mar 31, 2023
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Net Profit
$2.16 M (USD)43.47as on Mar 31, 2023
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EBITDA
$3.31 M (USD)36.93as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1304
as on Mar 31, 2023
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Investments & Acquisitions
AeroVision
& 17 more
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IPO & Listings of LKQ
LKQ is a publicly listed company on the NASDAQ with ticker symbol LKQ in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of LKQ
LKQ offers a comprehensive portfolio of products and services, including Recycled Auto Parts, Aftermarket Parts, Remanufactured Engines, and Vehicle Diagnostic Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers quality recycled components for vehicle repairs and replacements
Provides alternative parts for vehicle maintenance and accessorization
Supplies rebuilt engines for automotive repair needs
Delivers expert diagnostics for complex vehicle systems
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Leadership Team
42 people
Software Development Team
40 people
Sales and Marketing
33 people
Finance and Accounting
28 people
Human Resources and Administration
24 people
Operations Team
21 people
Legal and Compliance
14 people
General Team
13 people
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Funding Insights of LKQ
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Debt – Conventional - LKQ | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LKQ
LKQ has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include AeroVision, Andrew Page and Elite Electronics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Batteries are manufactured by Green Bean Battery since 2016.
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2016 | ||||
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Automotive lighting products are retailed in the United States.
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2010 | ||||
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Car repair services are provided by VeTech Auto in Harleysville.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LKQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lkq Comparisons
Competitors of LKQ
LKQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Valvoline, AutoZone, Keystone Automotive Operations, O'Reilly Auto Parts and Genuine Parts Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lubricants and automotive services are marketed and supplied.
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| domain | founded_year | HQ Location |
Automotive replacement parts and accessories are retailed by AutoZone.
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| domain | founded_year | HQ Location |
Wholesale distribution and retail of automotive aftermarket accessories are conducted.
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| domain | founded_year | HQ Location |
Automotive parts, tools, cooling equipment, and accessories are retailed.
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| domain | founded_year | HQ Location |
Automotive and industrial replacement parts are distributed with value-added solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lkq
Frequently Asked Questions about LKQ
When was LKQ founded?
LKQ was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Where is LKQ located?
LKQ is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
How many employees does LKQ have?
As of Mar 31, 2023, the latest employee count at LKQ is 1,304.
What is the annual revenue of LKQ?
Annual revenue of LKQ is $23.09M as on Mar 31, 2023.
What does LKQ do?
LKQ Corporation operates as a leading distributor of alternative auto parts, including recycled, remanufactured engines, and aftermarket components. It serves the automotive industry by acquiring salvage businesses and expanding into North America, Europe, and Taiwan. The company focuses on sustainable practices, such as recycling and vehicle repair services, while offering wholesale and retail solutions to businesses and consumers. Its operations emphasize quality parts for vehicle maintenance and accessorization.
Who are the top competitors of LKQ?
LKQ's top competitors include AutoZone, Valvoline and Genuine Parts Company.
What products or services does LKQ offer?
LKQ offers Recycled Auto Parts, Aftermarket Parts, Remanufactured Engines, and Vehicle Diagnostic Services.
Is LKQ publicly traded?
Yes, LKQ is publicly traded on NASDAQ under the ticker symbol LKQ.
How many acquisitions has LKQ made?
LKQ has made 18 acquisitions, including AeroVision, Andrew Page, and Elite Electronics.
What is LKQ's ticker symbol?
The ticker symbol of LKQ is LKQ on NASDAQ.
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