March 16, 2012
San Rafael, CA – Marx Group Advisors announced today the opening of its Houston, Texas office. Under the direction of Dave Barbeau, the firm’s executive vice president, the new office will help support Marx Group Advisors’ consulting efforts in mergers and acquisitions for the automotive and commercial vehicle aftermarket.
“After several quiet years, merger and acquisition activity is heating up in our industry,” said Barbeau. “From the Houston office, I am excited to not only be able to meet the needs of clients in the southwest but also provide a global scope for all Marx Group Advisors’ clients as we strategically support manufacturers, distributors and retailers with their acquisition and divestiture plans.”
“One of our core strategies is to position team members in key areas throughout North America,” said Tom Marx, CEO of Marx Group Advisors. “Many of our clients need our regional expertise as well as our reach throughout the U.S. and Canada.”
Barbeau has more than 30 years of experience in the aftermarket and joined Marx Group Advisors in 2010. With an industry career that spans both manufacturing and distribution companies, he has extensive relationships in the automotive and commercial vehicle aftermarket with expertise in general management, strategy development and execution, and financial management. Before joining Marx Group Advisors, Barbeau was the vice president of the global independent aftermarket business unit for Delphi Corporation where he was responsible for the growth and operating performance of the business unit globally.
Barbeau earned a bachelor’s degree, and a master’s of business administration degree in finance and accounting from Saint Louis University. The Marx Group Advisors Houston office may be reached at (248) 808-3213.