What is Pick-N-Pull?
Established in 1986 and operating over 50 locations across the United States and Canada, Pick-N-Pull has carved a niche with its distinctive self-service model. Customers are empowered to salvage and purchase used original equipment manufacturer (OEM) parts from end-of-life vehicles, offering a cost-effective solution for a wide array of automotive needs. As a subsidiary of Schnitzer Steel Industries since 2003, Pick-N-Pull benefits from robust corporate infrastructure while maintaining localized service. The company's commitment to environmental sustainability is evident in its annual processing of hundreds of thousands of vehicles, contributing to a circular economy within the automotive industry.
How much funding has Pick-N-Pull raised?
Pick-N-Pull has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Pick-N-Pull
PPP
Public-Private Partnership
What's next for Pick-N-Pull?
The recent strategic investment signals a phase of potential expansion or operational enhancement for Pick-N-Pull. Given its large-scale late-stage funding context, the company is likely poised to leverage this capital for further market penetration, technological advancements in its recycling processes, or to bolster its extensive network of locations. This strategic financing will be crucial in maintaining its competitive edge and continuing its mission of providing affordable auto parts while adhering to stringent environmental practices.
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