What is Matlock?
Matlock, a family-owned and operated auto recycler since 1946, has cultivated a reputation as one of the most trusted names in the local used auto parts industry. The company emphasizes quality used parts and exceptional customer service across its salvage yards in North Carolina. Its longevity and consistent operation point to a robust business model focused on sustainability and customer satisfaction within the automotive aftermarket.
How much funding has Matlock raised?
Matlock has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Matlock?
The recent large-scale, late-stage funding, characterized as a major strategic investment, suggests Matlock is poised for further operational enhancement or expansion. This capital infusion will likely support initiatives aimed at reinforcing its market leadership, potentially through technological upgrades, inventory expansion, or optimizing its salvage yard operations to meet evolving industry demands and maintain its competitive edge in the used auto parts market.
See full Matlock company page