Kirkland & Ellis, AZB & Partners and Wachtell, Lipton, Rosen & Katz (WLRK) advised on Pacific Avenue Capital Partners’ acquisition of ‘Pick Your Part’ from LKQ Corporation.

Kirkland & Ellis advised Pacific Avenue Capital Partners, a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, on an agreement to acquire Pick Your Part, a self-service auto parts salvage yard, from LKQ Corporation. The transaction is expected to be completed during the fourth quarter of 2025, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approval.

The Kirkland team included corporate lawyers Marty DiLoreto, Karen Flanagan and Edward Brennan; and tax lawyers Lee Morlock and Nicole Martin.

AZB & Partners is advising Pacific Avenue Capital Partners on all Indian law aspects of the acquisition.

The deal team comprised Senior Partner Nandita Govind, Senior Associate Kanika Jaggi, and Associates Srijan Srivastava, Sushil Joon and Yashna Soni.

Wachtell, Lipton, Rosen & Katz served as legal advisor to LKQ Corporation in the USD 410 million sale of its Self Service segment to Pacific Avenue Capital Partners.

The Wachtell team included Corporate Partners Mark Gordon and Mark A. Stagliano, with Associates Hannah Clark, Nicole Hovatter and Sean M. Uribe. Antitrust advice was led by Partner Christina C. Ma, supported by Associate Emily E. Samra. Executive compensation and benefits matters were handled by Partner Adam J. Shapiro and Associate Jonathan C. Nickas, while finance advice was provided by Partners Michael S. Benn and Emily D. Johnson, along with Associate Isaac G. Hudis. Tax aspects were managed by Partner Deborah L. Paul and Associate Joana W. Li, and intellectual property advice was provided by Associate Nicole D. Sharer.