Two auto care industry leaders, David Caracci, MAAP, and Mort Schwartz, MAAP, were recently honored with a donation made in their names to the University of the Aftermarket Foundation. It was announced by Pete Kornafel, MAAP, a trustee of the University of the Aftermarket Foundation. The donation was made by Harvest Partners, a private equity firm based in New York, and will fund several UAF scholarships in 2017.
“On behalf of the University of the Aftermarket Foundation, I want to thank Harvest Partners for their generous contribution in honor of Mort and Dave,” said Kornafel. “As strong supporters of industry education throughout their careers, these two industry advocates have worked tirelessly to help raise scholarship funds for deserving students seeking a career in the aftermarket. It is very rewarding to see Harvest Partners recognize them for their efforts. I know they are both grateful that more scholarships will be funded in 2017.”
With a 35-year history of investing in middle-market companies, Harvest Partners is an established private equity firm that backs high-quality management teams to acquire and build growing businesses. Harvest Partners is an investor in automotive-related companies, including Driven Brands Inc. and TruckPro Inc. Michael Klein, chairman of the Auto Care Association, serves as an adviser to Harvest Partners, supporting the firm in identifying and evaluating investment opportunities in the automotive aftermarket parts, distribution, services and retail sectors.
The University of the Aftermarket Foundation accepts donations of any size to support its mission of funding scholarships and educational programs that help develop a strong auto care industry workforce. Contributions may be made to honor, memorialize or recognize individuals, organizations or special events. The foundation is a 501(c) 3 not-for-profit organization and all contributions are tax deductible to the extent provided by law.
To make a donation to the University of the Aftermarket Foundation, contact Barbara Cunningham at 816-584-0511 or [email protected]. To learn more about the University of the Aftermarket Foundation, visit UofAFoundation.com.
