What you need to know before selling business
Making the decision to sell your business is usually a very difficult one.
Making the decision to sell your business is usually a very difficult one.
Valuations are a key element in any M&A transaction. When ...
Internal combustion engines (ICEs) have been around for more than 100 years, and despite a surge of competition from electric vehicles (EVs), they are still highly relevant and will likely remain so for a long time to come.
Private equity has been an important source of capital for businesses of all kinds seeking growth.
The amount of capital available on the sidelines to invest in private companies, however, has never been greater
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.
If you’re an automotive aftermarket retailer and you’re not selling online, you run the risk of being left behind. If you are already selling online, great—but you may need to up your game if you hope to stay competitive going forward. Indeed, having a holistic sales approach—physical stores and e-commerce—may be the best way to compete in this rapidly changing and growing business. M&A may be the quickest way to get there.
The family-owned wholesale tire distributorships in the U.S. is a competitive, low-margin business. Most relationships between distributors and retailers don’t include long-term contracts. The only real differentiator for new players entering the market is price. Giorgio Andonian talks about what you need to do to stand out in these conditions.
If you want to increase the value of your online automotive company make yourself invaluable to your customers. You’ll also have some fun along the way.
Consolidation is rampant in the automotive aftermarket industry. Private equity and strategic investors are buying thousands of small stores and shops around the country, creating efficiencies until they’re ready to be sold off or go public.