SAN RAFAEL, Calif. — Tom Marx and Paul Cooperstein have announced the formation of Marx Group Advisors (MGA), a new business that will help buyers and sellers in the automotive and heavy duty aftermarket with mergers and acquisitions (M&A).
MGA will focus on middle market companies with revenues from $10 to $150 million. The company will help clients with strategic advisory services for mergers, acquisitions and divestitures, as well as assisting them with capital formation for private equity placements. Marx and Cooperstein bring together 30 plus years of aftermarket experience and relationships and more than 20 years of M&A experience and successful transactions.
Marx will continue in his role as president and CEO of The Marx Group, a full-service business strategy and marketing communications firm based in San Rafael, Calif.
Cooperstein, a practicing attorney since 1976 in the Boston area, continues as president of Strategic Intervention Associates, a team of experienced and trained business consultants.
"Challenging times are facing the automotive and heavy duty aftermarket with M&A activity at an all-time high," said Marx. "Our new business is focused on helping buyers and sellers navigate through the consolidation fever gripping our industry with a well-thought out strategic plan to make their transaction a success."
Marx was a featured presenter Monday at the SEMA Education Day Show seminar on "Prepare for Sale: Specialty Vehicle M&A Environment" during the 2008 SEMA Show in Las Vegas this week.
"We look forward to bringing buyers and sellers together to facilitate a successful transaction that is focused on a win-win, rather than adversarial, methodology," commented Cooperstein. MGA will only represent one side of a transaction, so there is no potential conflict of interest.
The company will maintain offices in Boston and San Rafael.
