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.”