Schwartz Advisors Closes A Record 4 Transactions In Q4 Of 2020

Schwartz Advisors Closes Record 4 Transactions In Q4

All of the transactions were in the traditional warehouse distributor segment.

Despite the challenging economic and social environment, Schwartz Advisors (SA), a California-based M&A advisory and strategic planning firm for the automotive aftermarket industry, closed a record number of transactions in the last quarter of 2020.

After deal activity essentially halted for the second quarter and much of the third, Schwartz Advisors served as the exclusive sell-side advisor on four successful acquisitions completed in the fourth quarter. All of the transactions were in the traditional warehouse distributor segment.

“We were thrilled to work with four outstanding family owned companies as they sought to position their successful businesses for stability and growth, even within a dramatically changing industry and ever-strengthening competition,” said SA Managing Partner Rick Schwartz. “As we look out into the automotive aftermarket, we see a lot of change. Our WD clients also see that change and, for many, this is the right time to find a strategic partner. With great change comes great opportunity and we see it as our responsibility to merge that opportunity with beneficial partnership solutions for our clients.”

You May Also Like

AutoZone Reports Q2 Results with Increases in Same Store Sales

During the quarter, AutoZone opened 19 new stores in the U.S., while adding six new stores in Mexico and four in Brazil.

AutoZone, Inc. posted a solid performance for its second quarter, ending February 10, 2024, with net sales reaching $3.9 billion, marking a 4.6% increase from the same period last fiscal year. The company reported that same store sales, encompassing both domestic and international outlets open for at least one year, showed positive growth. Domestic same store sales increased by 0.3%, while international same store sales surged by 23.9%.

Dana Inc. Reports 2023 Record Sales and Q4 Earnings

For the full-year 2023, Dana reported sales of $10.6 billion, up from $10.2 billion in 2022.

Financial-results
LKQ Corp. Announces Q4, Full Year 2023 Results

President and CEO Dominick Zarcone expressed satisfaction with the company’s results amid macroeconomic challenges.

Standard Motor Products Releases Q4, 2023 Year-End Results

Eric Sills, chairman and CEO, said the company is looking to continue to find ways to better service customers and explore opportunities to partner for growth in 2024.

Financial-results
Phinia Reports Q4 Results & 2024 Outlook

Phinia reported that it expects strong earnings and cash generation in 2024, driven by operational efficiencies, and growth in aftermarket sales.

financial results

Other Posts

GPC Acquires Largest NAPA Independent Store Owner in the US

Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.

GPC Acquires Largest NAPA Independent Store Owner in the US
HDA’s Colorado Brake & Supply Announces Acquisition

The HDA Truck Pride member has acquired Pueblo Brake & Clutch, Inc.

HDA's Colorado Brake & Supply Announces Acquisition
Solero Technologies to Acquire Kendrion’s Automotive Business

The acquisition would expand Solero’s presence with the addition of five European plants located in the Czech Republic, Germany and Romania, as well as one plant in the U.S.

Solero Technologies to Acquire Kendrion's Automotive Business
Dill Air Controls Acquires Exactra, Inc.

“The expertise and equipment from Exactra’s many years of experience in the industry are critical to our continued growth,” said Brian Rigney, Dill president.

Dill Air Controls Acquires Exactra Inc.