Search Funds and the ‘Silver Tsunami’ in Collision Repair
It’s no secret that the collision repair business—much like most other trade industries—is aging.
It’s no secret that the collision repair business—much like most other trade industries—is aging.
Private equity has been an important source of capital for businesses of all kinds seeking growth.
The amount of capital available on the sidelines to invest in private companies, however, has never been greater
The core principles that built the original GCR organization still resonate today
As you become older, time becomes more important than money. And as you become even older still, health is number one, while time and money fall to second and third.
Many politicians' only objective is winning the next election, so they say and do whatever it takes to win," says McGregor. "Brands can’t afford the bad press that politicians can.
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.
Are You Really Good at Everything?
"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."
Is it more than just making a profit?