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.
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.
Michael McGregor provides insights into proposed tax changes and the impact it might have on your business.
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'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.
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.
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.
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.
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.
Many tire dealers are fortunate in having children who work in their business and plan to take over when they retire.
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC © 2025 FOCUS Investment Banking LLC
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC © 2025 FOCUS Investment Banking LLC
