BGL Automotive & Aftermarket Insider — Key M&A Themes Influencing the Automotive Aftermarket

CHICAGO, Dec. 21, 2022 /PRNewswire/ — Industry conditions have shifted M&A techniques but not all round offer quantity, in accordance to an automotive aftermarket business report unveiled by the Automotive investment decision banking workforce at Brown Gibbons Lang & Enterprise (BGL).

Obtain the BGL Automotive Aftermarket Insider: https://www.bglco.com/investigation/bgl-automotive-aftermarket-recap-sema-aapex-2022/ 

Inside the report, BGL shares its once-a-year recap from the 2022 SEMA Show, analyzing developments that are impacting M&A techniques in the automotive aftermarket.

Important automotive M&A themes influencing offer action in the present-day surroundings include:  

  • Financial uncertainty has shifted shopper paying out away from new cars and trucks though servicing of existing cars has amplified, steering purchases toward Diy and DIFM products and solutions and non-discretionary solutions this kind of as mechanical and collision mend. As a outcome, M&A transactions involving suppliers of substitution elements and fix machines have observed an uptick in exercise.
  • Offer chain issues have abated but not completely, top some providers to rethink reshoring or near-shoring of production. Nonetheless, firms with domestic production stay attractive targets for M&A. Vertical integration strategies are also currently being sophisticated through acquisitions.
  • Electrification is no longer an “if” but a “when” question as important automakers announce sizeable investments to speed up adoption of electric motor vehicles (EVs), with EVs expected to at some point depict a massive component of the car or truck parc. Aftermarket businesses that focus in powertrain-linked components ought to also have an eye to the foreseeable future. Suppliers of powertrain areas have resorted to M&A to insert capabilities that insulate themselves from obsolescence. Private fairness has also been on the hunt for powertrain-similar enterprises with these kinds of plans.
  • American purchasers appreciate their vans and SUVs, and motor vehicle sector share has shifted as evolving tastes impression shopper shopping for behavior. Corporations generating aftermarket functionality and visual appearance-improving merchandise for vehicles and SUVs proceed to be attractive parts for consolidation.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Business (BGL) is a major impartial financial investment financial institution and economical advisory company concentrated on the world wide center sector. The agency advises non-public and public companies and personal fairness groups on mergers and acquisitions, capital marketsmonetary restructuringssmall business valuations and views, and other strategic matters. BGL has financial investment banking places of work in Chicago, Cleveland, Los Angeles, and New York, and genuine estate workplaces in Chicago, Cleveland, and San Antonio. The business is also a founding member of World M&A Associates, enabling BGL to support clientele in far more than 30 countries around the earth. Securities transactions are performed by Brown, Gibbons, Lang & Organization Securities, LLC, an

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Casino, warehouses, car dealerships, retailers and other businesses opening in central Pa. in 2023

Now that 2022 has come to a close, let’s take a look at what businesses are expected to open new locations in the midstate here in 2023.

Cumberland County

Hampden Township

The Cloud 10 car wash on North Front Street in Wormleysburg. The company is building a new facility on the Carlisle Pike as well.
March 10, 2022.
Dan Gleiter | [email protected]

Cloud 10 Car Wash

Cloud 10 Car Wash is building a 10,370-square-foot car wash facility on the former site of the very first Ollie’s Bargain Outlet store at 6040 Carlisle Pike. The new location is expected to open in the spring, according to the company website.

Legend at Silver Creek

Legend at Silver Creek, a personal care and memory care residence is expected to open in July at 425 Lambs Gap Road. (Rendering provided)

Legend at Silver Creek

Legend at Silver Creek, a personal care and memory care residence is expected to open in July at 425 Lambs Gap Road. The 88,000 square-foot facility will include 75 personal care apartments and 20 memory care apartments, along with dining venues, recreation areas, a garden and specialized rooms for physical therapy, programming and other activities.

UPMC West Shore Hospital emergency room expansion

The UPMC West Shore Hospital. Aug. 18, 2020. Joe Hermitt | [email protected]

Select Medical

Select Medical said it will partner with the University of Pittsburgh Medical Center to open a freestanding inpatient rehabilitation hospital on UPMC’s West Shore Campus on Technology Parkway. The hospital will include 35 private rooms. The facility will include rehabilitation equipment to treat patients recovering from stroke, spinal cord injury, brain injury, amputation, neurological disorders and orthopedic conditions. The facility is expected to open next year.

Lemoyne
Schoolhouse Flats

Pictured is a rendering of Schoolhouse Flats. (Provided)

Schoolhouse Flats

Schoolhouse Flats at the former Lemoyne Middle School at 701 Market St. will include 46 apartments. Each unit will feature stainless steel appliances and hard surface counters, and some units will have a private patio. Eight of the units will be built in the former gymnasium and will feature rooftop decks. Other proposed amenities available to residents include an on-site gym, on-site parking, bike storage, a pet washing station and a courtyard with designated cornhole, bocce ball and outdoor theater space. A sign at the property said the building will open in early 2023.

Mechanicsburg
Glitz Soap Co.

Glitz Soap Co. is relocating to Legacy Park. (Photo provided)

Glitz Soap Co.

Glitz Soap plans to relocate its store from 1 E. Main St. in Mechanicsburg to Legacy Park, the mixed-use development on Market Street, in early 2023. Glitz makes and sells soap, lotions, shampoo, men’s beard products, bath bombs, shower steamers and bubble bath among other items. Products are made with vegan ingredients.

Shippensburg Township
Shippensburg casino gets state approval

Parx hopes to open a new mini-casino outside Shippensburg before the end of this year.

Parx Casino Shippensburg

Parx Casino Shippensburg is expected to open in February. The 73,000-square-foot mini-casino at 250 South Conestoga Drive will include approximately 500 slot machines and 48 electronic table positions, along with a 100-seat restaurant and sports bar. The menu will

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