Acquiring Controlled Distribution Aids Brand Share Growth
Here’s a little history lesson for the young people. Bridgestone ...
Who’s Winning the Battle for Tire-Buying Consumers?
It seems like every issue of Modern Tire Dealer has an announcement of a new acquisition by Monro Inc., Icahn Automotive Group LLC, Bridgestone Americas Inc. and the like. One would assume by reading these that what I call the company-owned conglomerates are “winning the war” for the hearts and minds of consumers, but I would disagree. I think tire dealers are winning right now.
Power of Pricing: Healthy Margins Improve Business Value
My father-in-law, Ed Tuck, was a pretty smart guy. Before becoming a venture-capitalist and founding Magellan GPS, he was a turnaround consultant to failing telecom businesses in the 1980s. (Read “A Sense of Direction,” Ed Tuck and Mike Khaldun, Dog Ear Publishing, 2018.) I once asked him about the first things he did when he took over a failing business. Ed said that first, he’d find the person responsible for the mess and fire that person just to get everyone’s attention. Then once he got their attention, he raised prices.
What Matters Most to Your Store’s Potential Buyer?
Last month we looked at several important considerations that matter ...
Potential Buyers Expect EBITDA to be at Least 10% of Sales
Last month we looked at several important considerations that matter ...
Maps of the Regional and Super Regional MSOs
The FOCUS Automotive and FenderBender article “Rise of the Regional and Super Regional MSOs” published in FenderBender Magazine in Sept 2018 examines the growth strategies of 15 market leading MSOs in the US, interviewing 3 of its top operators.
FOCUS Investment Banking Represents Travelers Body & Fender Works in Sale
Washington, DC, (September 12, 2018) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Travelers Body & Fender Works has been acquired by Caliber Collision. FOCUS represented Travelers Body & Fender Works in this transaction.
Understanding Private Equity Investments in the Tire and Service Business
With the recent combination of private equity-owned Mavis Tire Supply ...
FOCUS Investment Banking Represents Concours Collision in Sale
Transaction is the FOCUS Automotive Group’s first outside the US.
Washington, DC (August 9, 2017) -- FOCUS Investment Banking, a leading advisory and intermediary firm in the automotive services sector, is proud to announce that Concours Collision Centres and its 4 locations have been acquired by The Boyd Group, Inc. Concours represents the first transaction completed by FOCUS Automotive outside the US, and its 3rd transaction completed in the last 30 days.An Industry Overview presented at the 2017 PBES Conference by Vincent Romans of the Romans Group, LLC.
This presentation was given at the AutoCare Association's annual PBES ...