Considerations for Acquiring Shops Across State Lines
In today’s world of rapid expansion by the consolidators, it seems as if we read about out-of-state acquisitions almost weekly.
It sounds simple enough. Most of us as MSO operators have experienced shop acquisition or added shops through greenfield development. The first shop addition is, of course, the most daunting. After that, we develop knowledge and confidence; each new one becomes easier as we generally know what to expect and how to integrate the new shop with our others. If we have good processes, relationships, culture and available staff, it can go relatively smooth. In a few months, the new shop becomes one of the group and everything becomes relatively normalized.
But how about when you go across state lines into another market? Or what about crossing a number of state borders and jumping part way across the country?
What is different? What do we need to look at? What do we need to prepare for?
Learn the answers to these pressing MSO acquisition questions and more by joining ABRN in a FREE, interactive webinar with Darrell Amberson, VP of operations with LaMettry’s Collision and director of MSO relations with ABRN.
Register today and don't miss this valuable and informative FREE event!