What risks do buyers take in an M&A deal?
Whether you are a tire retailer, a commercial tire dealer or a wholesaler, it helps to treat potential buyers as if they were your customers.
Whether you are a tire retailer, a commercial tire dealer or a wholesaler, it helps to treat potential buyers as if they were your customers.
Washington, DC, (January 24, 2022) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that BROTHERS Mail Order Industries (“BROTHERS”), America’s number one source for 1947-87 Chevrolet and GMC truck parts, has been acquired by Holley, the largest and fastest growing platform for performance automotive enthusiasts. FOCUS advised BROTHERS in this transaction.
How important is your culture?
Having an experienced transactions attorney who has done deals similar to yours can save you time and money and help reduce your financial exposure.
When gearing up to sell your tire business, there are plenty of details to consider. How to handle working capital in the transaction is an important one.
There's still plenty of room for tire dealerships to expand due to favorable economic and market conditions.
Early signs of adjustments in these relationships are reminiscent of earlier changes.
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.
Experienced, key people like that are worth their weight in gold and tire dealers need to do all they can to keep them. This blog addresses the importance of how retention of key employees enhances business value.
M&A expert and MTD contributor Michael McGregor discusses Monro's expansion strategy and other hot topics during this episode of The Modern Tire Dealer Show.