Is Your Business Ever Really ‘Fixed?’ Embracing Continuous Improvement
Thinking that you've finally "fixed" your dealership might prevent you from getting to that next, higher performance level.
Are You Charging Yourself ‘Fair Market Rent?’
The wealthiest independent tire dealers I’ve met always owned most of their own real estate. They lived in and around the market areas that their stores were in, so they knew the good locations with the best demographics and highest traffic patterns.
FOCUS Investment Banking Represents McLea’s Tire & Automotive in its Acquisition by AAA Northern California, Nevada & Utah
Washington, DC (December 8, 2020) – McLea’s Tire & Automotive Centers, a family-owned, five-store operation based in Santa Rosa, Calif., has been acquired by AAA Northern California, Nevada & Utah (AAA NCNU). FOCUS Investment Banking represented McLea’s Tire & Automotive Centers in this transaction.
Don’t Fear Private Equity: Misperceptions Overlook Positive Impact
Over the course of my career, I’ve been involved in a lot of different roles, from technician to general manager, to owner and operator of multiple shops, then as a seller when our company was acquired by a large consolidator in 2015, and as a representative and consultant assisting with both sales and acquisitions of collision repair businesses.
ESOPs, Buyouts, Trusts or Debt Recap: A Look at Alternative Exit Strategies for Tire Dealers
Many tire dealers are fortunate in having children who work in their business and plan to take over when they retire.
FOCUS Investment Banking Represents Nokian Tyres’ Vianor Stores in the USA in a Sale to Gill’s Point S Tire & Auto Service
Washington, DC, (September 17, 2020) — FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, with a specialty in the automotive aftermarket, announced today that Nokian Tyres company-owned Vianor Stores in New England have been acquired by Gill’s Point S Tire & Auto Service. FOCUS represented Nokian Tyres in this transaction.
FOCUS Investment Banker Michael McGregor Discusses Tire Dealership M&A
In the wake of COVID-19, you might be wondering if merger and acquisition (M&A) activities at the tire dealership level have kicked the bucket. According to MTD research, rumors of that demise have been overstated. Just compare last year's MTD Top 100 list of the biggest independent tire dealerships in the United States to this year's MTD 100.
You Need Both Process and People to Run a Profitable Tire Dealership
The tire and service business isn't like the rest of the retail world. They both have storefronts, but that's where the similarities end.
FOCUS Investment Banking Represents Sale of Herb’s Paint & Body
Washington, DC, (August 2, 2019) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, with a specialty in the automotive services sector, announced today that Herb’s Paint & Body of Dallas, TX has been acquired by Caliber Collision. FOCUS represented Herb’s Paint & Body in this transaction.
FOCUS Investment Banking Represents Atomic Auto Body in Sale
Washington, DC, (April 9, 2019) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, with a specialty in the automotive services sector, announced today that Atomic Auto Body has been sold to Gerber Collision and Glass. FOCUS represented Atomic Auto Body in this transaction.
