Quantcast
Jump to content
    • You can post now and register later. Already registered? sign in now to post with your account.
    • ×   Pasted as rich text.   Paste as plain text instead

        Only 75 emoji are allowed.

      ×   Your link has been automatically embedded.   Display as a link instead

      ×   Your previous content has been restored.   Clear editor

      ×   You cannot paste images directly. Upload or insert images from URL.


      Once you submit your question, a new topic will be created for you in our forums. Our moderators may move your topic to a more suitable forum category if one exists. Members will see your topic and be able to respond to your question.

    • This will not be shown to other users.
Joe Marconi

Pep Boys Selling To Investment Firm

Recommended Posts

I find it real interesting that the 100 year old company Pep Boys is selling to the investment firm, Gores Group. What’s more interesting is that Pep Boys will no longer be a publicly traded company and will become a privately held company. As the dust settles, the reasons will be reveals and perhaps lessons can be learned from this story.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Similar Topics

    • By Joe Marconi
      For many of us, it's been a wild ride the past few months. We had to take care of everything, making tough decisions, dealing with banks and the SBA and running the shop from the trenches. But, with things looking better each day, it’s time that we get back into the role of building and operating the company. 
      For many, the COVID-19 crisis is far from over.  However, the sooner we begin to adjust and build for the future, the better off we will be.
      Shop Owners are among the hardest working people on the planet. We find ways to get through the most difficult situations. I have no doubt that the lesson’s learned from this crisis will make us stronger and more successful.
    • By xrac
      Yesterday we removed a tail light to change a bulb! Surprise as this is what we found. Joe you may see a lot of this in the rust belt but here not so much. 

    • By ncautoshop
      It's that time of year again folks! VisionKC is coming up right around the corner. 
      And that means that the annual ASOG dinner is ramping up its registration efforts!
      The dinner is open for all to attend, regardless of membership to ASOG and all proceeds go to the ASOG scholarship efforts!
      ASOG will bring another lucky shop owner with 3 years or less in business to VisionKC. This will be the 3rd scholarship the group has provided, but it certainly won't be the last. We look forward to providing scholarships to events all over the country, and working to ensure scholarship winners are given the tools and paths needed to succeed. 
      Jacob and Lacey Bunyard were last year's winners - when we met Jacob and Lacey things were tough! It wasn't just the business that was suffering, through the suffering of the business, Jacob and Lacey's family...their children were paying the true price. 
      Today, Jacob and Lacey, through the connections and offerings presented at VisionKC have turned the business from a significant liability into a resource which provides a good life for their family. 
      We've also offered scholarships to the greatest automotive show in the south east,  ASTE by The Independent Garage Owners Of NC and seen tremendous growth of that shop owner as well. 
       
      We ask that you, as shop owners, and part of the automotive family join us for dinner. We ask that you support our efforts to improve this industry,  even if it's one shop at a time. And most of all, we ask that you join us in continuing to bring unity to shops nationwide, to continue to share a vision of something better for this industry - a higher potential, a better life for owners who haven't been given the opportunity to see there's a better, more profitable way. 
       
      Isn't it time that we stop seeing each other as competition, but as allies? 
       
      Please join us for dinner if you are able.
      Information about the dinner is available at 
      www.asog.site
       
       
       
    • By Joe Marconi
      I want to wish everyone a Happy New Year and the very best in 2017!
       
      I also want to take this time to thank all of our amazing members for making AutoShopOwner.com the number 1 go-to auto shop business forums website on the planet!
       
      Joe Marconi
    • By NATURE
      Hey everyone.  I'm planning on opening in about 3 weeks and am looking for a credit card processing company.  Are there any geared for our type of business?  Does anyone recommend Intuit for it's ease of integration with Quickbooks?  I'll be doing around $10,000 a month in CC payments averaging $200.00 per RO.  Payments are predominately Visa or Mastercard swiped.  A very small percentage of Amex, Discover or over the phone.  If there is a company name that a lot of you experienced members would recommend, I would like to hear it.


  • AutoShopOwner Sponsors



×
×
  • Create New...