Press Release
Capstone Initiates Coverage on Automotive Aftermarket
September 12, 2006
Boston, MA - Capstone Partners LLC, a leading national, middle-market investment banking firm, has released its most recent coverage report on the automotive aftermarket industry. The report covers various market trends and transaction developments, as well as expresses Capstone’s expectations that the vibrant M&A activity across the sector will continue over the next 18 to 24 months.
Nicholas Pollard, head of research in Capstone’s Specialty Products Group, commented, “There are a lot of exciting dynamics at play and we are seeing major structural changes across the industry. The automotive aftermarket remains highly fragmented with modest organic growth. We have seen many industry participants respond to off-shore competition and continued margin pressures by exploring external growth opportunities.”
Kevin Jolley, a Director in Capstone’s Specialty Products Investment Banking Group, added, “Within the auto aftermarket space, we expect to see strong interest from acquirers looking for companies that manufacture specialty products or electronics, or participate in the catalog and internet retail segment. Companies with unique brands, high quality parts or differentiated services will be the most desirable assets.”
To receive a complimentary copy of this Research Coverage Report on the Automotive Aftermarket, please contact Nicholas Pollard at 617-619-3328 or at npollard@capstonellc.com.