The tire & service industry is experiencing change at a rate we’ve never seen before. The industry is consolidating rapidly. Private equity is buying up small chains and looking to create multistate, even national, operators. The transition to electric vehicles stands to upend traditional players who don’t embrace the trend, while ride-sharing threatens the whole vehicle ownership paradigm. Tire & service dealers tend to be a pretty entrepreneurial bunch, but as many approach retirement age, some wonder if their children might have better opportunities in other businesses. With valuations high, now might be the right time to think about what to do next.
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.