Janas is pleased to announce….
Paul K. Richey, CPA, and licensed by the Financial Industry Regulatory Authority (FINRA), has rejoined the firm. Paul moved to another M&A firm several years ago. After recent discussions, Paul returned to Janas and is fully engaged in delivering services to his clients.
In his initial long career as a Partner with the international accounting firm, KPMG, Paul led public and private M&A engagements in various industries, including Aerospace & Defense, Financial Services, Hospitality, Food Service, and Manufacturing and Distribution. He served as managing partner in San Diego, California; Rochester, New York; and as Partner-in Charge of the Accounting and Auditing practice in St. Louis, Missouri.
Paul has M&A and Consulting experience in many industries. He has a specific focus on transactions related to Retailers in Quick Lubes, Cash Washes, and Food Service. He has served sell side clients and buyside clients undertaking a roll-up in the Quick Lube and the Cash Wash Industry. He has sold more than 700 stores in these sectors.
He interfaces with Private Equity Groups who focus on the Industry. Private Equity raised more investment capital in 2019 than in any previous year. The Coronavirus Pandemic slowed M&A activity. Nonetheless, PEG’s tell us daily that “We are Open for Business.”
One investment group told his that: “We see a tremendous opportunity to deploy our back, buy, and build investment strategy within the Cash Wash Industry and are excited to build a Multi-Regional Platform of high-quality car washes.”
Paul works with his sell side clients in the Industry to analyze current year results and determine the process for achieving excellent sell side financial results. Paul understands the Industry which allows him to garner outstanding results for clients.
Office: 626-432-7000 Cell: 619-993-6613