Automotive Aftermarket

Tire & Service

Overview

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.

Testimonials

Rob Slagle, General Manager of S&S Tire

“The FOCUS Investment Banking team was able to combine what seemed to be three very complicated deals into one rather simple transaction. Despite being close friends with the other two business owners, I’m not sure we could have pulled this off without the expertise of the FOCUS Team.”

Troy Porterfield, Jr., Founder of Porterfield Tire, Inc.

“My family and I have run this business for close to 50 years and we appreciate all of the support that we have received from our wonderful customers over this past half-century. I’m pleased to be turning over Porterfield Tire to another family-run business that has the same high quality and customer service standards that we aimed for. I’d like to thank FOCUS Investment Banking for leading the process that led to this successful transaction.”

Chip Wood, Founder and Owner of Tire Discounters

“Elie and I thought that the FOCUS team was outstanding throughout this process. We are fortunate to have worked with a professional team of bankers with unmatched expertise in the automotive aftermarket,” added Pek. ”They did an excellent job preparing and communicating with us throughout the sale process. The FOCUS team quickly identified Kian as an ideal buyer for T Sportline and we are excited about what we can accomplish over the next few years.”

Anna Wood, Managing Director of Tire Discounters

“As a family-owned business, treating our customers like family just comes naturally. We give our customers the value and quality service they deserve.”

Jon Pek,  Co-Founder of T Sportline

“Elie and I thought that the FOCUS team was outstanding throughout this process. We are fortunate to have worked with a professional team of bankers with unmatched expertise in the automotive aftermarket,” added Pek. ”They did an excellent job preparing and communicating with us throughout the sale process. The FOCUS team quickly identified Kian as an ideal buyer for T Sportline and we are excited about what we can accomplish over the next few years.”

Jim Flanders, Co-Founder of BROTHERS Mail Order Industries, Inc.

“The team at FOCUS was so helpful and ready and willing to do whatever it took to get things done throughout this transaction,” stated Jim Flanders, Co-Founder of BROTHERS. “As my first, and possibly my last business sale, I appreciated the way they worked with me and my team at BROTHERS to make sure we were informed and involved with all aspects of the process.”

* Testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.

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