Selling a business can be a challenging decision, especially for those who have nurtured it over the years and built a dedicated team of employees. One of the concerns that sellers often face is whether the new buyer will uphold their promise to take care of the employees. At the same time, the tire industry …
Tire and Service
When is the right time to tell your employees you have decided to sell the business?
Automotive Aftermarket 2Q 2023 Report
There were a lot of obstacles to deal flow in the 1st half of 2023 that we only now have clarity on now that the 2nd Quarter of 2023 is over. The economy was thought to be headed into a recession led by the Fed’s efforts to tame inflation by steadily raising interest rates. And …
Market Insights: Global Automotive Deal Volume Declines, Macro Challenges Continue – First Half 2023 Recap
Deal volume in the automotive aftermarket industry experienced a significant decline of 25%, to approximately 350 deals, in the first half of 2023. This downward trend is expected to persist in the second half of the year as the industry grapples with ongoing macroeconomic challenges such as inflation, higher interest rates, and increased capital pressures. …
FOCUS Investment Banking Named #1 Lower Middle Market M&A Advisor In Q2 2023
Washington, DC, (July 27, 2023) – FOCUS Investment Banking (“FOCUS”) a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, is thrilled to announce its exceptional achievement of being named #1 on Axial’s second quarter 2023 lower middle market investment bank league table. This prestigious recognition comes as a testament …
Why Membership Is Declining at Regional Tire Dealer Associations
The new edition of my book, “Buy, Build, Fix, Sell: Mergers & Acquisitions for Tire & Service Dealers,” is out and available for sale at Amazon.com. Since it is uniquely written for the tire industry, I thought that I’d reach out to the regional tire dealer associations across the country to try and schedule some …
TBC’s Strategic Shift: Embracing Franchising for Growth
In another significant move in the automotive aftermarket, TBC announced its decision to sell off assets to Mavis Discount Tire and shift its focus towards franchising, wholesaling and distribution. TBC is looking to capitalize on its strengths and streamline operations by partnering with franchisees; a move that is seen as a strategic decision to focus …
Evaluating Business Models for Their Relative Value
Building Your Business Around Great Partners
What you need to know before selling business
