Industry veteran starts Art Blumenthal LLC

Aug. 27, 2010

Tire and automotive aftermarket industry veteran Art Blumenthal has launched a new aftermarket-specific nationwide business brokerage firm bearing his name.

Art Blumenthal LLC provides business intermediary and advisory services to both buyers and sellers of single and multi-location businesses -- including retail tire and auto service dealers, commercial dealers, and wholesale tire/parts operations.

Blumenthal will not only act as a business intermediary to bring buyers and sellers together, but also provide consulting services and exit planning strategies to business owners who might be considering selling in the next one to five years.

“Seeing a critical industry need and filling it with expertise and integrity has been the hallmark of my career,” he says. “Now, by leveraging the experience, in-depth knowledge, and extensive contact network I’ve achieved in over thirty years in the tire and automotive aftermarket industry, the timing is right to establish a nationwide, aftermarket-specific business brokerage venture bringing value-added benefits to both buyers and sellers in our unique industry.

“Aftermarket franchises, dealer networks, and buying groups have unique needs, all of which I can address," he says. "Long-time dealers wish to exit with a maximized payday, while new, energized buyers are necessary to keep the national organization growing and prospering.

"By deploying my services as a business intermediary, confidentiality is respected and the owner is guided step-by-step through the selling process."

Blumenthal’s aftermarket career began as the CEO/owner of four Midas Auto Center franchises and an independent tire and service dealership in Pennsylvania. Subsequently, he acquired and became CEO and majority owner of Anderson BDG Corp., a software technology company that catered to aftermarket chains -- both franchises and independents. He sold the company in 2001. (Anderson BDG Corp. has since be renamed Aftersoft Network NA Inc.; it is a subsidiary of Aftersoft Group Inc.)

For more information on Art Blumenthal LLC, visit www.art-blumenthal.com.