Spectrum Automotive Holdings (“Spectrum”) is aggressively acquiring agencies and businesses focused on the Automotive Industry. As part of our continued growth and expansion, Spectrum is intent on the acquisition of businesses that fit strategically, financially and culturally within its growing platform. If you are considering selling all or part of your agency or business, we are interested in speaking with you.
We will help you determine the worth of your business and take advantage of the equity that you’ve accumulated and future profits. We have flexible terms and conditions which are focused on creating a partnership which fits your specific goals and objectives. You can continue to run your company with the benefit of additional capital and resources to facilitate growth.
All matters discussed are considered highly confidential.
Vice President of M&A
About Spectrum Automotive Holdings
We are at the intersection of strong alliances and unlimited success. Alone we can do so little, but together we can do so much! Integrity first and foremost is paramount to our success in a rapidly changing and consolidating industry. We exemplify this through our commitment to our integrated business model and by providing our customers with unprecedented products, services, and a superior user experience.
As a leading national company with a portfolio that focuses exclusively on Premiere Automotive Specialty companies we create a successful plan and provide effective growth strategies through the efforts of our dynamic, dedicated team that has decades of experience in all aspects of the automotive industry, finance and asset management.
HPS Investment Partners is a leading global investment firm, founded in 2007, dedicated to delivering innovative capital solutions and producing attractive risk-adjusted returns for clients. Their diverse strategies encompass a range of capital structure components, from syndicated leveraged loans and high-yield bonds to bespoke senior secured debt and mezzanine investments, as well as asset-based leasing and private equity. With the scale and breadth of their platform, they are able to invest in companies large and small, through standard or tailored approaches. At the heart of HPS is a consistent emphasis on intellectual rigor and discipline, empowering the company to generate value for clients who have entrusted them with approximately $97 billion of assets under management as of January 2023.
Cornell Capital is a $3.5 billion private investment firm founded in 2013 by Henry Cornell, the former Vice Chairman of Goldman Sachs’ Merchant Banking Division. With offices in New York and Hong Kong, Cornell Capital focuses on investments in the consumer, industrial/business services, and financial services. Intently industrialists rather than investors, Cornell Capital leverages their experience and broad network of partners to identify long-term growth drivers to support management in maximizing the full potential of a given business.
Spectrum was founded in 2018 and is headquartered in Fairfield, New Jersey. As a leading agent, marketer and administrator of finance and insurance (“F&I”) products for the US automotive market, Spectrum provides a full suite of proprietary and third-party extended warranty and ancillary products, serving more than 1,500 dealer, administrator and original equipment manufacturer partners. Cornell Capital and affiliates acquired a controlling interest in September 2019.
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30 Two Bridges Road
Fairfield, NJ 07004