Tom Marx to Provide Insights on Consolidation at CAWA Leadership Meeting
Feb. 4, 2014—Tom Marx, CEO of Marx Group Advisors, will address “Why Industry Consolidation is Important to Your Business” at the CAWA member training program on Feb. 7 at The Meritage Resort & Spa Napa Valley in Napa, Calif.
“Understanding the dynamics of industry consolidation is important to all business owners in the aftermarket, whether you are a manufacturer, distributor or retailer,” said Marx. “Regardless of your position about growing or selling your company, you must understand how industry consolidation will impact your business and be prepared.”
In his presentation, Marx will provide industry statistics about consolidation and pertinent ownership trends. He will discuss what steps you need to take as a buyer or seller, whether you own a large or small company.
“If you have a healthy business,” said Marx, “the next three to five years will be golden times of consolidations in the aftermarket.”