Based in Roanoke, Virginia, Advance Auto Parts is a leading specialty retailer of automotive parts and accessories in the Eastern U.S.  During Freman Spogli’s ownership, Advance Auto Parts acquired Western Auto Supply from Sears in 1998 and Discount Auto Parts in 2001.  In connection with the acquisition of Discount Auto Parts, Advance Auto Parts became a publicly traded company (NYSE: AAP).  Freeman Spogli realized its investment in Advance Auto Parts through public market transactions from 2002 to 2004.