GlobalAutoIndustry.com Partners with Kinsella Group, Inc. to Provide Merger and Acquisition Advisory Services for Transactions Between Western and Chinese Automotive Suppliers
TROY, Mich.--July 12, 2005--GlobalAutoIndustry.com, the leading worldwide portal and intelligence source for the automotive industry, announced its partnership with Kinsella Group, Inc., a Chicago-based boutique investment banking firm providing focused M&A services to companies desiring to acquire or joint venture with North American automotive component manufacturing or distribution companies."The partnership between GlobalAutoIndustry.com and Kinsella Group is a powerful combination in the automotive supplier marketplace," states Michael DaMour, director of GlobalAutoIndustry.com, adding, "In putting Kinsella Group in contact with our automotive supplier customers, we can enhance their respective competitive situation by exploiting the synergistic strengths of the legacy western suppliers and the new suppliers in Asia."
Since 1988, Kinsella Group has advised middle-market U.S. companies in their efforts to pursue traditional buy or sell transactions. Kinsella Group recognized the general reversal in the flow of investment capital between Chinese businesses and their North American and European counterparts. As Chinese companies became increasingly interested in purchasing companies overseas, Kinsella Group responded quickly and is now in an ideal position to serve this growing, international market.
Bob Kinsella, founder and president of Kinsella Group, commented "We are delighted with the leverage that our new relationship with GlobalAutoIndustry.com brings us. The breadth of their clients and customers around the world not only will bring us new relationships but will also facilitate our process as we will now have access to an even greater number of potential automotive supplier buyers and sellers."
Chinese automotive suppliers, in particular, are now ready to take their place among the leading worldwide companies. A burgeoning domestic market and increased export opportunities, coupled with low costs and smart investment strategies, have left Chinese suppliers with surplus capital. Conversely, struggling North American and European automotive suppliers still possess exceptional customer relationships, technology and quality techniques. This partnership is uniquely positioned to match up these respective strengths and assist buyers and sellers in acquisition transactions that can help them reach the next level of global success.
About Kinsella Group
Kinsella Group was founded in 1988 by Robert J. Kinsella. From the beginning, Kinsella Group has established itself as the "go-to" firm for middle-market companies and investors seeking to acquire new businesses, sell existing companies, and source capital to meet short- and long-term objectives. Kinsella Group also has significant experience in helping challenged businesses restructure debt, resolve issues with creditors and lenders, and return to profitability.
At the core of Kinsella Group is a team of experienced professionals, many of whom previously held CEO, President and other key executive positions in banking, finance, consulting, manufacturing, business development and other enterprises with operations and facilities around the world.
Over the years -- and in China, specifically -- Kinsella Group has developed a strong, multinational network of business and professional contacts, including accountants, attorneys, commercial bankers, financial planners and wealth managers, investment bankers, private equity groups and special situation bankers, all of whom help Kinsella Group facilitate cross-border transactions.
Kinsella Group has developed a proven, strategy-driven methodology for helping clients achieve their unique objectives by focusing on well-defined goals and time-phased objectives, and by developing customized, 360-degree process maps to identify client-specific options and opportunities -- all designed to maximize results while minimizing risks.
About GlobalAutoIndustry.com
GlobalAutoIndustry.com connects the worldwide auto supplier industry with the resources to effectively do business globally. Through the web site, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world's top automotive markets.
Monthly eJournals provide targeted information and insight on doing business in foreign automotive markets and GlobalAutoIndustry.com Solutions provide effective international answers to suppliers' global business and operational needs. The Company's eJournals, including CHINAtalk, ASIAtalk, EUROtalk, AMERItalk, LATINtalk and GLOBALtalk HR, now reach over 23,000 automotive supplier subscribers worldwide.
Parent company, HCI Group Ltd., is based in Troy, Mich., with European headquarters in Amsterdam, the Netherlands.
For more information contact Director of GlobalAutoSourcing Michael DaMour at (248) 526-3312 or MDaMour@GlobalAutoIndustry.com.