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Onyx Enterprises

 Canaccord Genuity acts as Financial Advisor to Onyx Enterprises on business combination with Legacy Acquisition Corp.

Canaccord Genuity is pleased to announce that on November 20, 2020, Onyx Enterprises Int’l Corp. completed its business combination with Legacy Acquisition Corp., a publicly-traded special purpose acquisition company. In conjunction with this transaction, the combined company has been renamed PARTS iD, Inc. Canaccord Genuity acted as exclusive financial advisor to Onyx.

PARTS iD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets. It is the owner and operator of, among other verticals, “CARiD.com,” a leading digital commerce platform for the automotive aftermarket. PARTS iD’s unique model features proprietary fitment data, unmatched breadth of offerings and enhanced fulfillment capabilities providing consumers with a rewarding and accurate discovery experience in a traditionally complex market. PARTS iD is ideally positioned to capitalize on the surge in eCommerce adoption, and this transaction helps strengthen the Company’s foundation for growth within its core automotive categories as well as other complex, multidimensional parts and accessories markets.

The Canaccord Genuity team consisted of Mark Young, Chris Blackwell, David Kassie, Morgan Ley, Isaac Porter and Thomas Johnston.

 

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