Vipar Heavy Duty recently announced a partnership with Hart Marx Advisors (HMA), a consulting firm that assists companies in the automotive and heavy-duty industries with mergers and acquisitions, divestitures and capital formation for private equity placements. Hart Marx Advisors will be available to distributors through the network’s business resource center.
“The Business Resource Center has seen success offering distributors access to business growth planning and in-network connections since its inception in 2018,” said Wendi Frederick, certified exit planning advisor and manager of rebate administration for VIPAR Heavy Duty. “We feel Hart Marx Advisors’ ability to assist our distributors with their long-term business planning, combined with their in-depth knowledge of the VIPAR Heavy Duty business model, will make for a highly valuable resource.”
HMA senior partner, Tom Marx, has more than 30 years’ experience in the heavy-duty aftermarket industry and has had a professional relationship with VIPAR Heavy Duty for more than a decade.