Automotive Aftermarket Archives

FOCUS Investment Banking Represents T Sportline In its Sale to Kian Capital

June 21, 2021|Automotive Aftermarket, Deals|

Washington, DC, (June 21, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that T Sportline (or the “Company”), a Los Angeles-based e-commerce provider and first mover in the Tesla aftermarket space, has been acquired by Kian Capital (“Kian”), a private investment firm. FOCUS represented T Sportline in this transaction.

Integrating Retail Into a Commercial Tire Business

Integrating Retail Into a Commercial Tire Business

June 1, 2021|Automotive Aftermarket, Blogs, Tire and Service|

As commercial tire dealers look to enhance their business values into the same stratosphere as retail tire dealers, some are looking at integrating the more profitable elements of retail business into their commercial operations. From a customer retention and profit perspective, this makes perfect sense.

FOCUS Investment Banking Represents Performance Collision Centers in its Sale to Classic Collision

FOCUS Investment Banking Represents Performance Collision Centers in its Sale to Classic Collision

May 26, 2021|Automotive Aftermarket, Collision|

Washington, DC, (May 26, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Performance Collision Centers, a premier provider of collision repair services headquartered in Myrtle Beach, South Carolina, has been acquired by Classic Collision, LLC, a national collision repair operator based in Atlanta. FOCUS represented Performance Collision Centers in this transaction.

FOCUS Investment Banking Buy-Side Process

FOCUS Investment Banking Buy-Side Process

May 20, 2021|Automotive Aftermarket, Tire and Service, Videos|

Learn why tire dealers and automotive aftermarket operations use acquisitions to grow. Michael McGregor explains how FOCUS Bankers help clients make the critical decisions when seeking to expand by buying a business.

Tax Change Uncertainty/What You Should Know

Tax Change Uncertainty/What You Should Know

May 15, 2021|Automotive Aftermarket, Tire and Service, Videos|

Michael McGregor provides insights into proposed tax changes and the impact it might have on your business.

What’s Your Business Worth? It Depends

What’s Your Business Worth? It Depends

May 7, 2021|Automotive Aftermarket, Blogs, Tire and Service|

As compared with the public markets, the private capital markets are like the wild west. I liken it to a frontier town where there’s no sheriff, plenty of gunslingers and news travels slowly by stagecoach.

Ready to Sell? The Tax Impact of Different Transaction Structures

Ready to Sell? The Tax Impact of Different Transaction Structures

April 7, 2021|Automotive Aftermarket, Blogs, Tire and Service|

In my March MTD column, we reviewed some of the proposed changes to federal taxes on the horizon. Since this is the April edition, let’s continue with the tax theme and investigate how sale transactions are taxed under today’s laws.

FOCUS Investment Bank Sell Side Process

FOCUS Investment Bank Sell Side Process

April 7, 2021|Tire and Service, Videos|

FOCUS Investment Bank's unique knowledge-driven process improves the opportunity for owners of automotive tire and aftermarket businesses to get the best return when selling their operation. This brief overview of their sell side process puts in perspective the steps involved in this complex endeavor.

Tax Uncertainty Will Boost M&A Activity

Tax Uncertainty Will Boost M&A Activity

March 11, 2021|Automotive Aftermarket, Blogs, Tire and Service|

Elections have consequences. The Tax Cuts and Jobs Act of 2017 was passed by the slimmest of margins in the Republican-controlled Senate and House through a budget reconciliation process that needed only a majority of votes to pass. We find ourselves now with the situation having flipped.

FOCUS Investment Banking Represents Porterfield Tire, Inc. in its Sale to Tire Discounters

FOCUS Investment Banking Represents Porterfield Tire, Inc. in its Sale to Tire Discounters

February 12, 2021|Automotive Aftermarket, Deals, Mergers & Acquisitions News, Mergers, Acquisitions & Divestitures, Tire and Service|

Washington, DC, (February 12, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Porterfield Tire, Inc. of Athens, Georgia, has been sold to Cincinnati-based Tire Discounters. FOCUS represented Porterfield Tire in this transaction.