Tire and Service

Tax Uncertainty Will Boost M&A Activity

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

Porterfield Tire, Inc. has been acquired by Tire Discounters. 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.

FOCUS Investment Banking Represents Nokian Tyres’ Vianor Stores in the USA in a Sale to Gill’s Point S Tire & Auto Service

Vianor Tire Centers have been acquried by 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.