McGregor: Conditions Are Ripe for Growth Among Tire Dealers
Even as the nation's largest tire dealerships continue growing and acquiring, small, independent tire dealerships with one or two locations remain the dominant players in the market.
Even as the nation's largest tire dealerships continue growing and acquiring, small, independent tire dealerships with one or two locations remain the dominant players in the market.
And Michael McGregor - a partner at Focus Investment Banking LLC and an expert on tire dealership mergers and acquisitions - says there's still plenty of room for those tire dealerships to expand. He spells out favorable economic and market conditions in his latest video.
As for the proverbial question, "How big is too big?" McGregor says, "We have a long way to go."
Michael McGregor is a partner at Focus Investment Banking LLC (focusbankers.com/tire-and-service) and advises and assists multi-location tire dealers on mergers and acquisitions in the automotive aftermarket. For more information, contact him at [email protected].
