Private Equity Principal Behind NAC, FFDS Deals to Speak at PALS
LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Jorge Gross, principal of Trivest Partners, the private equity firm that purchased National Auto Care (NAC) and Family First Dealer Services (FFDS), has agreed to speak at the 2015 event, which will be held Sept. 9–10 at Paris Las Vegas.
Trivest Partners made headlines in 2013 when it acquired NAC and FFDS; the companies merged in September of that year.
“I look forward to attending the P&A Leadership Summit and discussing the acquisitions and merger of National Auto Care and Family First Dealer Services, which have proven to be a tremendous investment for Trivest Partners,” Gross said. “I will touch on valuation, the variables we looked for, the aspects we liked and perhaps a few items I wish I had known before we completed the transactions. I will also speak to the process and effort of combining the two businesses.”
Gross joined Trivest Partners in 2006, after a successful tenure at Credit Suisse Boston. He has since been involved in over 20 transactions with an aggregate value of more than $600 million. Gross currently serves on the board of directors for NAC as well as GetixHealth and Northfield Industries.
“This is a rare opportunity to hear the inside story of a blockbuster deal in the P&A segment,” said David Gesualdo, show chair and publisher of F&I and Showroom and P&A magazines. “Jorge Gross will undoubtedly have the rapt attention of every audience member.”
Registration is now open for the P&A Leadership Summit. Attendees who register by Aug. 7 will enjoy a $100 early-bird discount. More information, including additional speakers and travel, is available at the event’s website. To inquire about sponsorship or exhibition opportunities, contact David Gesualdo via email or call 727-947-4027.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →