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Jack Hollis believes the automotive industry thrives when we focus on service, not sales.
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Jack Hollis joins Accrual Equity Partners as managing partner after 33 years at Toyota, partnering with founders Brady Schmidt and Jacob Tilzer to create a multi-faceted automotive investment firm. Their company spans dealerships, collision centers, aftermarket repair, and M&A services with a unique approach focused on creating value through service and relationships.
• Jack chose entrepreneurship over corporate offers to continue serving dealers and customers
• Accrual Equity Partners operates across multiple automotive sectors including dealership ownership
• The company is self-funded, allowing more flexibility than traditional private equity
• Fixed operations remains the backbone of dealership profitability and is "recession proof"
• Dealership consolidation continues with mid-sized groups needing to grow to remain competitive
• Technology investments, especially AI, will transform dealership operations in coming years
• The M&A process typically takes about a year from listing to closing
• Accrual's philosophy centers on creating "win-win-win" outcomes for sellers, buyers, and communities
• Jack's industry relationships from his Toyota career provide valuable connections
• Continuous improvement (Kaizen) and servant leadership are core values for future success
Inside Automotive with Jim Fitzpatrick is powered by CBT News, your go-to source for the latest news, trends, and insights in retail automotive. Subscribe for more interviews with top industry leaders, dealership innovators, and experts shaping the future of automotive.
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Kapitel
1. Jack Hollis Joins Accrual Equity Partners (00:00:00)
2. Automotive Services Across Multiple Sectors (00:03:30)
3. Dealership Investment and M&A Trends (00:06:05)
4. Fixed Ops: The Backbone of Dealerships (00:09:00)
5. Buy-Sell Process and Legacy Planning (00:14:25)
6. Serving Dealers and Final Thoughts (00:21:00)
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