Import Car Parts of Colorado Chosen as One of Top 50 Emerging Companies - Auto News at Automotive.com
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Import Car Parts of Colorado Chosen as One of Top 50 Emerging Companies

Below is an auto news article from October 09, 2008 from Automotive.com and PRNewswire. View the most recent news or browse our full archives using the links below.
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Import Car Parts of Colorado Chosen as One of Top 50 Emerging Companies - Auto News from October 09, 2008

ENGLEWOOD, Colo., Oct. 9 /PRNewswire/ -- Englewood, Colorado automotive lifestyle business Import Car Parts of Colorado, Inc has been chosen as one of the top 50 emerging companies by over 130 Venture Capitalists and Angel Investors in the FundingPost (http://www.fundingpost.com) Pitching Across America(TM) competition.

Import Car Parts (ICP) is a 23 year old automotive parts wholesaler that is the platform company for a series of acquisitions that will transform ICP from a regional parts wholesale warehouse to a national automotive lifestyle business. The "automotive lifestyle" market can be defined as consumers who identify with automobiles or motor sports as well as businesses that provide those products and services. The plan includes B2C and B2B components for products and services such as hospitality and event management.

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Earlier this year Import Car Parts acquired a leading provider of event and travel management services. The acquisition doubled revenue in 2008 and makes ICP a leader in providing integrated event management solutions.

The judges at FundingPost recognized that Import Car Parts has a first tier management team and that the team is capable of taking this business to the next level. The key to success will be to find the right financial partner to close the deals that are on the table plus accelerate growth with new marketing and events.

FundingPost (http://www.fundingpost.com) established the Pitching Across America(TM) competition in which 130 Venture Capital Funds and Angel Investors served as judges voting on 300 business summaries from emerging companies nationwide.

"We are very happy to have been chosen as a top 50 company," said Robb Hagestad, CEO of Import Car Parts. "FundingPost attracts excellent companies and top investors and to be chosen really underscores the high quality team we have and the opportunities we have to grow, even in this economy."

"It's easy to see how the judges voted Import Car Parts so highly. Their terrific growth has made them a market leader," said Joe Rubin, Director, FundingPost. "We look forward to hearing more good news as they seek funding this year."

If you would like more information on this topic and Import Car Parts or to schedule an interview with Robb Hagestad please call 214-244-7227 or email invest@icpcolorado.com.

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