Vipar Heavy Duty partners with Hart Marx Advisors

Vipar Heavy Duty partners with Hart Marx Advisors

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.

You May Also Like

Used Class 8 truck volumes exceeded seasonal expectations in March

When compared to March 2022, the retail and wholesale markets declined by -13% and -40%, respectively.

Used-Heavy-Duty-Truck-Generic-600x300

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) jumped 18% month-over-month in March. Average mileage declined by 5%, with average price up 4% and age down 2%. Longer term, average price, age, and volumes were lower, with miles higher year-over-year.

EUFMC releases conference speaker lineup

Fleet managers can unite at this year’s EUFMC, June 4-7.

Overall new equipment business volume down slightly Y/Y

According to ELFA findings, total headcount for equipment finance companies was down 4.6% year-over-year.

Equipment-Leasing-and-Finance-Association-monthly-index
Growth rate of parts aftermarket sales continues to gradually decelerate

CMVC’s Parts Aftermarket Sales Leading Indicator signals slowing growth in commercial vehicle parts sales.

parts-aftermarket-sales-leading-indicator

Other Posts

VIPAR Heavy Duty reaches 920-plus locations

The VIPAR family consists of a wide range of businesses all working to meet the demands of its customers for quality parts and service.

Vipar-heavy-duty-locations
Eight fleets selected to participate in NACFE’s electrification initiative

The transition to electric vehicles is about much more than just the trucks themselves. It is about charging, infrastructure and more.

NACFE-Run-On-Less
Optimizing your electrical system spring maintenance schedule 

The seven-way connection is the most prone area to the onset of corrosion.

electrical-maintenance-1400-copy
U.S. trailer industry is committed nearly through 2023

Overall build rose 14% m/m due to three more build days in March as opposed to February.

trailer-lights-generic