BETHESDA, MD — Dan Smith of Capstone Financial Group, will discuss capital market trends and their effects on automotive aftermarket companies in his presentation, “Mergers and Acquisitions in the Automotive Aftermarket,” during the 2006 Aftermarket Financial Symposium (AFS). Hosted by the Automotive Aftermarket Industry Association (AAIA), the 2006 AFS is scheduled for Sept. 26-27 at the Hyatt Regency O’Hare in Chicago.
Smith’s presentation will focus on the rapidly changing mergers and acquisitions landscape in the aftermarket and the effects of the vast amounts of private capital entering the industry. Smith will describe how the aftermarket is being transformed by domestic and foreign capital markets and will discuss macroeconomic trends that are affecting the values of aftermarket companies.
“Every auto aftermarket manufacturer, distributor and retailer is being affected by significant trends in the capital markets, including the immense amount of private capital driving record numbers of mergers and acquisitions,” Smith said. “This presentation will show how this capital has already gained a foothold in the industry and how it is greatly influencing company valuations.”
Smith is the founder and president of Capstone Financial Group, a company that has specialized in transactions in the automotive aftermarket industry for almost 20 years. He has owned, operated, built and sold several substantial enterprises, including an $80 million holding company with eight subsidiaries in seven states. Smith has a bachelor’s in economics from Davidson College and an MBA from Duke University.
AFS is geared toward CEOs, CFOs, financial service providers, investment analysts, CPA firms and others with interests in the automotive aftermarket. As an added benefit to attendees, the 2006 AFS has been authorized to offer 14 continuing professional education (CPE) credit hours for financial professionals that participate in both days of the symposium.
For more information or to register for AFS, visit: www.aftermarket.org
Click here to view the rest of today’s headlines.