NBB Strengthens Auto Services Sector Focus with New Managing Directors
Automotive M&A advisory firm NBB announced the addition of two investment banking professionals to its growing team that will expand the firm's advisory capabilities into key automotive services sub-sectors, including quick lube, collision repair, mechanical auto repair, tire, and their respective ecosystems.
As shared in a press release, Giorgio Andonian and Cole Strandberg have joined NBB as managing directors of its auto services practice. It marks a significant expansion for NBB, which has historically been focused on the franchised dealership space. Andonian and Strandberg bring complementary expertise that spans across company operations and M&A advisory services.
Andonian brings more than 15 years of operational and investment banking experience in the automotive aftermarket. He began his career at his family's business, Discount Tire Centers of Southern California, before serving as vice president of a regional tire chain and later joining FOCUS Investment Banking, where he most recently served as managing director in the firm's automotive aftermarket group.
"NBB has built an unmatched reputation advising clients through complex transactions in the automotive space, and I'm excited to bring that same level of expertise and commitment to the services sector,” said Andonian. “The opportunity to help business owners navigate their most important transactions, backed by the resources and network of NBB, is a tremendous one.”
Strandberg brings nearly a decade of banking and operational experience across the automotive, transportation, and distribution sectors. He previously served as director of business development at Autotality (formerly Filterworks USA)—a provider of solutions for the automotive repair industry—and held roles at Noble Capital Markets before joining FOCUS Investment Banking, where he most recently served as managing director for the automotive aftermarket.
“The automotive services market is consolidating rapidly, and business owners deserve an advisor with both the transactional depth and the industry knowledge to guide them through it,” stated Strandberg. “Joining NBB gives us an incredible platform to do exactly that, and I'm looking forward to bringing our clients the same level of advisory excellence that NBB is known for in the dealership world.”
“Giorgio and Cole are exactly the type of professionals we've been targeting as we broaden NBB's platform,” shared NBB CEO Zach Kuzemka. “They’re seasoned advisors who combine real operational credibility with deep transaction expertise in their sectors. Their arrival reflects our continued commitment to assembling a team that can deliver exceptional advice across every corner of the automotive industry, not just the dealership space. This expansion is a natural extension of our growth strategy and reinforces the kind of differentiated, people-first advisory practice we're building alongside our parent company, Accrual Equity Partners.”