SHANGHAI and SAN DIEGO – Technomic Asia, an international market strategy consultancy specializing in China strategies for U.S. companies and Schwartz Advisors, a leading U.S.-based M&A advisory firm to the automotive industry, have announced the establishment of a partnership to provide cross border China-U.S. consulting and M&A advisory services.
 
"China recently became the No. 1 market in the world for vehicle sales and the repair and service aftermarket is now rapidly closing the gap in size with the U.S.," said Steve Ganster, managing director of Technomic Asia. "In addition to an active stream of investment going from the U.S. to China, we are now witnessing the early stages of investment by Chinese companies to the U.S."
 
Rick Schwartz, president of Schwartz Advisors, added, "The combined knowledge, experience and networks of Schwartz Advisors and Technomic Asia provide a unique ability to help our clients profitably grow in both the North American and China markets through organic and acquisition strategies. Technomic Asia’s more than 30 years of experience in China and deep-rooted market strategy consulting solutions is a great complement for Schwartz Advisors’ strong advisory and consulting practices in North America."