Musings and Advice from a Family-Owned Independent Tire Dealer
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.
Is Collision Repair the Gold Rush 2.0?
The collision industry today can be described as a Gold Rush
Giorgio Andonian Named Managing Director
Washington, DC, (October 18, 2022) – FOCUS Investment Banking, a ...
Things to Consider When Divesting
Are You Really Good at Everything?
Meet a Dealmaker: Sun Auto’s Garman Talks M&A Strategy
"I do think that values are leveling out and maybe even softening a bit and we might have hit a peak in valuations, at least for a little while," says Chris Garman, vice president of corporate development, Sun Auto Tire & Service Inc. "But the values are still really good and people are still able to retire based on what they’ve built."
Independent Commercial Tire Dealers Need to Go on Strike
Something is not right in the world of independent commercial tire dealers and I can’t quite put my finger on how they can fix it. Commercial tire dealers just might need to organize and go on strike.
Getting Your Business Ready
Michael McGregor is Managing Director at FOCUS Investment Banking. His ...
In the automotive aftermarket, it’s e-commerce—or else
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.
Reinventing your tire distribution business
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.
FOCUS Investment Banking Represents Syrena Collision Center Inc. in its Sale to Crash Champions
FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Syrena Collision Center Inc. (“Syrena”), a collision repair operator with two locations in Pennsylvania, has been acquired by Crash Champions. FOCUS represented Syrena in this transaction.
