IRVINE, CA--(Marketwired - Mar 27, 2014) - GlassRatner, one of the foremost automotive and bankruptcy financial advisory firms in the country, announced today that industry veteran MJ Vaughn joined the firm's West Coast advisory team. Vaughn will assume a leadership position with the firm's highly regarded West Coast dealership consulting and M&A practice, focusing on dealership consulting, dealer buy-side and sell-side transactions, dealer receiverships, and other matters associated with the automotive space.
"At a time when auto dealership M&A opportunities will reach levels not seen since prior to the 'Great Recession,' MJ rounds out our automotive team's world-class financial advisory services," said J. Michael Issa, CA managing principal for GlassRatner.
Vaughn was responsible for more than 70 successful transactions during his career. He possesses nearly 40 years of combined experience in both the wholesale and retail side of the automotive business with involvement in all aspects of managing, financing, restructuring and buying and selling auto dealerships.
"I'm thrilled to be a part of GlassRatner's highly-respected advisory team," said Vaughn. "Having a historical background of dealership operation from all sides of the business and possessing a tremendous amount of M&A experience makes this a natural next step in my career."
For 31 years, Vaughn was a dealer-principal or GM in Southern and Northern California for major multi-franchise dealer groups including Lucas Dealership Group, Ted Stevens Car Company, Price Automotive, Guy Schmidt Automotive, Guy Martin Chevrolet Mazda Honda in Woodland Hills, and Mission Hills Oldsmobile Mazda.
About GlassRatner Advisory & Capital Group LLC
GlassRatner Advisory & Capital Group LLC is a national specialty financial advisory services firm providing solutions to complex business problems and board level agenda items. The firm applies a unique mix of skill sets and experience to address matters of the utmost importance to an enterprise such as managing through a business crisis or bankruptcy, planning and executing a major acquisition or divestiture, pursuing a fraud investigation or corporate litigation, and other top level non-typical business challenges. The combination of proven operating and financial expertise, a hands-on approach and an absolute focus on assignment execution makes GlassRatner a unique and valuable ally for its clients and partners. GlassRatner was again named the winner of the Middle Market Turnaround Firm of the Year. Two of their sale transactions, including an automotive transaction, won Middle Market Deal of the Year awards in 2013.