While traditional internal combustion engines will likely power the majority of vehicles for decades to come, the shift to electric vehicles (EVs) is already upon us, threatening the livelihood of companies that make and sell parts for gasoline engines.

The problem, of course, is that EVs require fewer – and different – parts than gas-powered engines. But retailers are facing an additional challenge: The shift from physical brick-and-mortar stores to online retail. If you’re in the retail aftermarket business and expect to remain in business, you’d better have a plan to adapt and survive in this changing environment, or consider cashing out now while valuations are favorable.

The team at FOCUS Investment Banking can help you make a decision that’s right for your situation. With over 40 years of experience in the automotive aftermarket, both within the industry and as investment bankers, we understand industry dynamics to help business owners maximize their outcome. We’ve helped dozens of companies achieve their strategic objectives, whether it’s buying, selling, or raising capital. Our clients trust us to deliver positive results.