Strandberg Joins NBB

Cole Strandberg, author of MTD's monthly Mergers & Acquisitions column, has joined NBB as a managing director within its auto services practice.

Strandberg's addition helps expand NBB's "advisory capabilities into key automotive services sub-sectors," including the tire industry, according to NBB officials.

His appointment marks "a significant strategic expansion for NBB, which has historically been focused on the franchised dealership space." 

Strandberg has nearly a decade of banking and operational experience across the automotive, transportation and distribution sectors.

He previously served as director of business development at Autotality, a provider of solutions for the automotive repair industry, and held roles at Noble Capital Markets before joining FOCUS Investment Banking, where he most recently served as managing director, automotive aftermarket.

Founded in 1978, NBB has facilitated more than 950 new car dealership and 4,500 total M&A transactions. It has offices in California, Arizona, Florida, Michigan, New York and Texas.