FOCUS Advisors, an independent investment banking practice, has been launched by Managing Director David Roberts. FOCUS advises collision industry entrepreneurs seeking capital, partners or representation in an M&A transaction.
“Change is accelerating. In just the last 12 months we’ve seen Caliber and ABRA merge, Joe Hudson’s gain an aggressive private equity investor, and over 20% of the 10 largest remaining MSOs acquired.” states Roberts. “The distance between the consolidators and regional MSOs versus the rest of the industry is widening. Top tier providers are gaining better access to insurance referrals, leveraging their infrastructure and raising outside capital while smaller MSOs