HMA in Motorsports: Race Report
Read about the ups and downs of the opening race weekend with the season, the first stop along the path towards the 2020 National Championship Runoffs.
News
Used Car Prices Rally in Late May
There’s understandable concern over changing consumer habits in the post-COVID 19 environment. Learn more about how wholesale used car values performed in May.
HMA in Motorsports
Hart Marx Advisors is more than just the automotive experts, we are active participants. Learn about HMA’s involvement in the 2020 SCCA National Road Racing Championship.
AASA Virtual Vision Conference
Normally, this week we would be boarding planes and traveling to Chicago for the AASA Vision Conference, the automotive aftermarket industry’s largest forward-looking conference to connect with our industry colleagues. Unfortunately this year is different.
Hart Marx Advisors Attending AASA Vision Conference
HMA will be attending the annual AASA Vision Conference (changed to a virtual conference) on March 25 and 26. This conference addresses the emerging trends, technology, and opportunities facing the automotive aftermarket.
DSS ProDiesel Announces Acquisition of Diesel Parts of America, Inc.
Diesel Parts of America (DPA) has been acquired by Nashville, Tennessee-based DSS ProDiesel. DPA brings extensive international diesel fuel injector experience to DSS ProDiesel, creating a combined company that serves the diesel fuel injector needs of more than 50 countries.
Chris Bovis Joins Hart Marx Advisors as Partner
Chris Bovis, an expert in the performance, racing and automotive aftermarket industries, has joined Hart Marx Advisors. Bovis will apply his 20 years of client development, acquisitions and integration, and marketing expertise to his new role as a partner at the firm.
Hart Marx Advisors and Marx Group Works with Shanghai-Based AMInsight Consulting to Educate Chinese Automotive Aftermarket Business Leaders
Tom Marx of Hart Marx Advisors, Marx Group, Shanghai’s AMInsight Consulting, and Dave Barbeau of Barbeau Consulting, met with Chinese aftermarket business leaders to educate and discuss the fundamentals of mergers and acquisitions within the U.S. automotive aftermarket.
David Barbeau Rejoins Hart Marx Advisors
Barbeau was responsible for brand growth and increased penetration on a global level for both Tier 1 suppliers Delphi Technologies and TI Automotive. He also co-founded a successful automotive parts distribution company, which later became part of Advance Auto Parts.
Diversified Environmental Catalysts Inc. Announces Acquisition of PaceSetter Exhaust Systems
PaceSetter Exhaust Systems of Phoenix, Arizona has been acquired by Van Nuys, California-based Diversified Environmental Catalysts, Inc. (DEC). PaceSetter Performance Products bring over 43 years of industry service and knowledge to the catalytic converter manufacturer.
Highline Aftermarket Announces Acquisition of Levin’s Auto Supply
Highline Aftermarket announced that they have entered into an agreement to purchase the assets of Levin’s Auto Supply, LLC headquartered in Sacramento, CA. Levin’s is a leading supplier of automotive aftermarket products to retailers and automotive parts stores, serving customers along the west coast for over 90 years.
CRC Industries, Inc. Acquires Weld-Aid Products
In a news release issued by CRC Industries, Inc. on September 20, the company announced the acquisition of Weld-Aid Products, a leading manufacturer and marketer in maintenance chemicals serving the welding and metalworking business segments.
Prop Shaft Supply Acquired by Machine Service, Inc.
Machine Service is a 70-year old firm based in Green Bay that manufactures driveshafts, offering high quality components from its 130,000 sq. ft. building. Modernization benefits include computerized inventory management, drive shaft fabricating…
NPW Acquires Larry Hoffberg’s DAHL Warehouse In Gardena, California
National Performance Warehouse (NPW) has reached an agreement to acquire the WD business of longtime distributor and rep Larry Hoffberg. The Hoffberg family has owned DAHL Warehouse in Gardena, California, since 1977.
Hart Marx Advisors LLC Acquires Aftermarket Mergers and Acquisitions Specialist Firm Marx Group Advisors
Hart Marx Advisors, a newly formed partnership between aftermarket veterans Devin Hart and Tom Marx has acquired the assets of Marx Group Advisors.
Jon Dehne Joins Marx Group Advisors
Jon Dehne, a senior auto care industry leader, has joined Marx Group Advisors as a vice president and member of the Advisory Board. Dehne has more than 15 years of experience with Advance Auto Parts, Solera Holdings, Inc. and Best Buy Company
Marx Group Advisors Represents OE+ in Acquisition by Motorcar Parts of America
Marx Group Advisors (MGA) has announced its representation of OE Plus LTD., (OE Plus) in its sale to Motorcar Parts of America. Terms of the transaction were not disclosed
Marx Group Advisors Assists with CRC Industries Acquisition of ChemFree Corporation
CRC Industries, Inc. (CRC) a global leader in the production of specialty chemicals for maintenance, repair and operational professionals and do-it-yourselfers within the automotive, heavy duty truck, marine, electrical, industrial, hardware and aviation markets recently acquired ChemFree Corporation, a subsidiary of Intelligent Systems Corporation.
Denise Rondini Joins Advisory Board of Marx Group Advisors
Denise Rondini, a well-respected writer and consultant in the medium- and heavy-duty trucking industry, has joined Marx Group Advisors as a vice president and member of the Advisory Board.
Marx Group Advisors Announces Formation of Collision Division
SAN RAFAEL, CA— Tom Marx, CEO of Marx Group Advisors announced today the formation of a new business segment in the collision repair/paint, body and equipment (PBE) segment of the aftermarket for mergers, acquisitions and divestitures. Marx Group Advisors Collision Division will be led by Ray Datt, vice president, and Mike Bryan, who recently joined Marx Group Advisors as its newest vice president.
Marx Group Advisors CEO to Help HD Leadership Students Understand the Ins and Outs of M&A Activities
SAN RAFAEL, CA — Tom Marx, CEO of Marx Group Advisors will share his expertise on mergers and acquisitions (M&A) as one of the featured presenters at the 2014 University of the Aftermarket Heavy Duty Leadership program. Marx will explore the topic “Surviving and Thriving During a Merger, Acquisition, Divestiture or Other Change in Ownership” on Thursday, August 7 on the campus of Northwood University in Midland, Mich.
Rick Rollins Joins Marx Group Advisors
Rick Rollins, a leader in the performance, accessory and specialty automotive industry, has been appointed to the Advisory Board of Marx Group Advisors.
Tom Marx Will Provide Insights on Industry Consolidation at February CAWA Leadership Meeting
Tom Marx, CEO of Marx Group Advisors, will address “Why Industry Consolidation is Important to Your Business” at the CAWA Member Training Program on Friday, Feb. 7 at The Meritage Resort & Spa Napa Valley in Napa, Calif.
Max Dull Joins Advisory Board of Marx Group Advisors
Marx Group Advisors announced today that Max Dull has been appointed to the firm’s Advisory Board. Dull brings a wealth of experience as a leader in the aftermarket industry to his role with Marx Group Advisors, where he will serve as a vice president.
Marx Group Advisors Launch New Website
Includes white papers, industry presentations and a menu of M&A services
Tom Marx to Help Students in Heavy Duty Leadership Course “Survive and Thrive” Company M&A Activities
Will speak July 24 at Northwood campus in Michigan for University of the Aftermarket program
Tom Marx to Present Buying/Selling a Small Business at Upcoming PERA Webinar
Marx Group Advisors CEO will explain how to prepare and follow-through to successfully value a business
Ray Datt Joins Marx Group Advisors as Vice President
Former president of Canadian trade association brings a breadth of aftermarket experience to firm
John Nodson Named Vice President of Marx Group Advisors
John Nodson has been named vice president. Nodson will be responsible for providing hands-on experience as analyst and dealmaker for acquisitions and divestitures. Nodson is also an Advisory Board member of Marx Group Advisors.
Tom Marx to Help Truck Dealers Understand Business Value
Will explain how dealers can sell their company for what it’s worth during M&A session at Successful Dealer Development workshops in Dallas
Tom Marx Will Address Mergers & Acquisitions at the University of the Aftermarket’s Inaugural Heavy Duty Leadership Event
San Rafael, CA – Tom Marx, CEO of Marx Group Advisors will address “Heavy Duty Mergers & Acquisitions: The Good, The Bad and The Ugly” on Wednesday, July 11.
Marx Group Advisors Opens Houston Office
Marx Group Advisors announced today the opening of its Houston, Texas office.
AP Exhaust Acquires ANSA
Sale finalized on December 23, 2011 includes all ANSA assets which have been relocated to AP Exhaust’s headquarters in Goldsboro, N.C.
Marx Group Advisors to Present SEMA Seminar
Tom Marx and Paul Cooperstein will help buyers/sellers position a company to obtain the most possible value during Nov. 2 seminar at the Las Vegas Convention Center
Marx Group Advisors to Present Seminar on Buying / Selling a Small Business
Tom Marx and Paul Cooperstein will help guide owners through the process at a special seminar held in conjunction with the 2011 SSA Annual Convention on October 12
Dave Barbeau Joins Marx Group Advisors as Executive V.P.
Seasoned Delphi executive brings more than 30 years of automotive aftermarket management and financial expertise to the firm’s work in mergers and acquisitions
Dave Barbeau Joins Marx Group Advisors as Executive V.P.
Seasoned Delphi executive brings more than 30 years of automotive aftermarket management and financial expertise to the firm’s work in mergers and acquisitions