Tidewater Fleet Supply / TNT Parts Announces Acquisition of D&J Supply, Inc.

ATLANTA – June 28, 2022 – TNT Parts is has announced that it has added D&J Supply, Inc. in Lithonia, Georgia to its team through an acquisition. As a family owned and operated business for over 45 years in east Atlanta, D&J brings a wealth of knowledge in the aftermarket heavy-duty truck parts industry combined with a talented team delivering exceptional customer service.

“We are thrilled to have a company of the quality of D&J join TNT Parts,” said Dale Herold, CEO of Tidewater Fleet Supply / TNT Parts. “Our continued goal is to be the customer’s first choice as the best provider for their heavy-duty truck and trailer and equipment parts needs. We are committed to exploring new ways to better serve our customers today and in the future. Partnering with D&J allows us to increase the number of customers we can reach and also positions us to take care of their other aftermarket parts needs.”

Jeff Schubach and Dan Schubach, Presidents of D&J Supply Inc. said, “we chose to join Tidewater Fleet Supply / TNT Parts because of their company culture. How they care for their employees and how they care for their customers was a perfect fit for us.”

D&J Supply joining TNT Parts brings together two highly rated, honest and reputable local companies who care, and are perfectly positioned to support the needs of truck fleets and individual operators and repair shops in the Atlanta metro area. Both companies are, and remain, a part of VIPAR Heavy Duty, North America’s leading network of independent aftermarket truck parts distributors.

The purchase of D&J Supply, Inc. by TNT Parts was facilitated by Hart Marx Advisors, the premier boutique consulting firm that assists buyers and sellers exclusively within the automotive and heavy-duty industries with mergers and acquisitions (M&A), divestitures and strategic planning. The financial terms of the purchase were not disclosed.



About Tidewater Fleet Supply & TNT Parts

Tidewater Fleet Supply (dba Tidewater Fleet Supply and TNT Parts) is a leading Southeastern independent wholesale distributor of heavy- and medium-duty aftermarket truck, trailer and equipment parts serving 4,000+ commercial and municipal customers through 14 locations across VA, GA, NC, SC, and FL.  The Company also services municipalities and government customers through dedicated facilities.  With an emphasis on customer service, extensive parts knowledge, training, and inventory, Tidewater Fleet Supply develops and supports deep relationships with its customers and suppliers.

Tidewater Fleet Supply www.tidewaterfleetsupply.com & TNT Parts www.tntpartsinc.com are a part of the Falcon Affiliates family of companies. For more information on Falcon Affiliates visit www.falconaffiliates.com.


Tim Wheeler Joins Hart Marx Advisors as Partner

• Wheeler brings over 32 years of experience to the Hart Marx Advisors team
• Demonstrated history of success and growth across the automotive aftermarket, OE and performance sectors
• New role will focus on business development, customer outreach and buy/sell transaction support
• Addition of Wheeler and updated roles for other team members support the firm’s future growth goals

Hart Marx Advisors, the premier boutique automotive industry merger and acquisition (M&A) advisory firm is pleased to announce Tim Wheeler has joined as partner.

Wheeler brings more than 32 years of automotive industry experience to his new role, which will focus on business development, customer outreach and stewardship of M&A transactions on both the buy and sell side.

Throughout his career, Wheeler has been involved with a variety of mergers, acquisitions and implementations, and brings with him an integral understanding of the process and importance of a company being able to reach its growth or divestiture goals.

“We are excited to expand the Hart Marx Advisors team. Tim’s skillset and experience make him an exceptionally well-rounded addition,” said Tom Marx, founding partner, Hart Marx Advisors. “His depth of knowledge across a variety of sectors and personal experience with mergers and acquisitions throughout his career give him a unique and invaluable understanding, which will be incredibly valuable to our clients as he guides them through the M&A process.”

Prior to joining Hart Marx Advisors, Wheeler most recently served as vice president, sales, for WELD Racing, LLC, working specifically in the OEM and special markets division where he significantly grew the earnings of various programs. Wheeler also held positions at ROUSH Performance as vice president, sales and marketing, and Delphi Product and Service Solutions, working in a variety of senior roles, including vice president, sales, North America.

“I am excited to join an established, automotive focused firm like Hart Marx Advisors,” said Wheeler. “Throughout my career, I’ve been focused on building strategic value and partnerships and I look forward to putting this experience to work for our clients.”

Wheeler began his career at Federal-Mogul, where he started in sales and customer service operations. He became the organization’s first eBusiness director, leading digital business development strategies across the North American aftermarket.

Wheeler received his bachelor’s degree in business administration from Hope College in Holland, Michigan and executive MBA from the Richard DeVos Business School at Northwood University in Midland, Michigan. He was also awarded Delphi’s “Excellence Award for Emerging Leaders” during his time with the company.

The addition of Wheeler to the Hart Marx Advisors team is part of a strategic restructuring of the firm to support future growth goals. This restructuring also includes the transition of Chris Bovis to managing partner, Tom Marx to founding partner and Devin Hart to executive vice president of finance. Wheeler purchased all of Hart’s member interest when joining the firm, and Hart will continue to be active with the organization consulting on matters of finance, accounting, business administration and due diligence on client projects.

Mark Iasiello Joins Hart Marx Advisors as Vice President, Heavy Duty and Commercial Vehicles

With over 35 years of experience across numerous HD and commercial vehicle business types from manufacturers to distributors to retailers, Iasiello is uniquely qualified to understand the dynamics and trends of the industry and the challenges that its business owners face.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more