Icahn Enterprises

Icahn Enterprises L.P. is a diversified holding company based in the United States, with a wide array of subsidiaries engaged in various sectors, including Investment, Automotive, Energy, Food Packaging, Real Estate, Pharmaceuticals, and Home Fashion. The company operates through its primary subsidiary, Icahn Enterprises Holdings L.P., which houses all its assets and liabilities. Among its diverse segments, the Energy sector generates the most revenue. Icahn Enterprises is structured with a general partner that holds a minority interest, while the majority of ownership is held by limited partners. The company's operations reflect its broad investment strategy and its presence across multiple industries, contributing to its overall business performance.

Carl Icahn

Chairman

Andrew Teno

CEO

10 past transactions

Precision Tune Auto Care

Acquisition in 2017
Precision Tune Auto Care, a subsidiary of Icahn Automotive Group LLC, operates and franchises automotive service centers under the Precision Tune Auto Care brand. Established in 1976, the company specializes in providing comprehensive maintenance, repair, and diagnostic services for a wide range of vehicles, including cars, SUVs, minivans, and hybrids. Their services span ignition, fuel, cooling, electrical, air conditioning, oil and fluid, brake systems, and tires, among others. Precision Tune Auto Care offers franchise opportunities and has a network of over 250 centers across the United States and internationally.

Federal Mogul

Acquisition in 2017
Federal-Mogul Corporation is an innovative and diversified $7.4 billion global supplier of quality products, trusted brands and creative solutions to manufacturers of automotive, light commercial, heavy-duty and off-highway vehicles, as well as in power generation, aerospace, marine, rail and industrial. Federal-Mogul operates with two business divisions, each with a chief executive officer reporting to Federal-Mogul’s Board of Directors. Federal-Mogul Powertrain focuses on original equipment powertrain products for automotive, heavy-duty and industrial applications; Federal-Mogul Motorparts sells and distributes a broad portfolio of products in the global vehicle aftermarket, while also serving original equipment (OE/OES) manufacturers with vehicle products including brake friction, chassis, wipers and other components. For more than a century, Federal-Mogul has developed the innovative products their customers need to produce the next generation of vehicles. The company continues to develop innovations to improve fuel economy, reduce emissions and enhance durability through global engineering, manufacturing, distribution and customer service programs. Federal-Mogul is the preferred partner for its global customers.

Pep Boys

Acquisition in 2015
Pep Boys is an automotive aftermarket chain and retailer that offers quality auto repair and car parts. The 1980s brought an aggressive expansion program in the company’s history. To raise capital, Pep Boys split its stock 3-for-1 and moved to the New York Stock Exchange in 1982. This strategy enabled rapid growth and brought about the birth of the automotive supercenter. This concept boosted Pep Boys to more than 700 stores, almost 3,600 service bays and more than $2 billion in annual sales. Pep Boys The Road Ahead Pep Boys continued its expansion in the 1990s, including to Puerto Rico. As the automotive aftermarket need has shifted over time from a majority of auto parts customers who identify as “Do it Yourselfers” to an increasing number of customers who prefer service centers to take care of their automotive maintenance and repair, Pep Boys has expanded its service business. Today Pep Boys provides service for more than six million cars and car owners each year. More than 23 million rewards members have signed up for special offers in stores. Since 2009, Pep Boys has focused on the development of service and tire centers within its existing markets as its primary growth strategy. Today the company operates more than 7,400 service bays in nearly 800 stores nationwide. At the same time, in some of its traditional supercenters, the company has expanded to include speed shops within its retail stores, which cater to the growing number of car enthusiasts who have fun working on performance cars, like hot rods, muscle cars, and off-road trucks. In 2012, Pep Boys created a new service and retail customer experience, which it refers to as The Road Ahead. Similar to the experience found at some high-end car dealerships, new Pep Boys stores feature customer lounges with amenities such as complimentary Wi-Fi and flat screen TV's near its full-service maintenance and repair shops, as well as a diverse retail product assortment in the automotive aftermarket. With almost 20,000 friendly and knowledgeable associates living the legacy of Manny, Moe, and Jack, Pep Boys’ vision is to be the best place to shop and care for cars.

Lyft

Series E in 2015
Lyft is a transportation company that operates a mobile application connecting passengers with drivers for on-demand rides. The app facilitates ride scheduling, including advance bookings up to seven days, and handles in-app payments. Primarily serving college, university, and corporate communities, Lyft offers various ride options, such as private, shared, and luxury vehicles. Additionally, it provides multimodal transportation solutions, including bike and scooter sharing.

Uni-Select USA

Acquisition in 2015
Uni-Select USA, Inc. distributes automotive parts for domestic and imported vehicles in the United States. It operates a network of warehouses; and stores, including parts stores in the United States to serve installers.

PSC Metals

Acquisition in 2007
PSC Metals Inc. is a scrap metal processing company that operates in Ohio, Western Pennsylvania, Tennessee, and Missouri. The company specializes in the recycling of both ferrous and non-ferrous scrap metals, including materials such as aluminum, copper, brass, lead, stainless steel, and zinc alloys. PSC Metals sources scrap from various entities, including individuals and businesses, and processes items like automobiles, buses, recreational vehicles, and industrial scrap. By shredding these materials, the company facilitates their conversion into useful products for reuse, thereby promoting sustainability and resource recovery in the metal recycling industry.

NEG Holding

Acquisition in 2005
NEG Holding provides exploration and production of oil and gas.

Panaco

Acquisition in 2005
Panaco Inc. is an independent oil and gas exploration and production company that primarily operates offshore in the Gulf of Mexico and onshore in the Gulf Coast Region. The company focuses on utilizing state-of-the-art 3-D seismic technology along with advanced drilling and completion methods to recover oil and gas reserves that have been bypassed or previously overlooked.

Transtexas Gas

Acquisition in 2005
TransTexas Gas Corporation engages in the exploration for, and development and production of natural gas and condensate, primarily along the Upper Texas Gulf Coast.

Centuri Group

Centuri Construction Group, Inc. is a utility infrastructure services company based in North America, focused on meeting the energy and industrial demands of the market. As a subsidiary of Southwest Gas Holdings, Inc., it collaborates with regulated utilities to maintain, upgrade, and expand energy networks that serve millions of homes and businesses. The company specializes in modernizing utility infrastructure through the maintenance, retrofitting, and installation of electric and natural gas distribution systems, ensuring they meet current needs and are prepared for the transition to clean energy sources. Centuri operates primarily through two segments: Gas Utility Services and Electric Utility Services, reflecting its commitment to enhancing utility infrastructure across the region.
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