MENU
SEARCHCoffeen Management Company further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.
Coffeen Management Company further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.
PONTE VEDRA BEACH, Fla.– Tony Wanderon, CEO of National Auto Care, and Henry Coffeen, the founder of Coffeen Management Company announced that National Auto Care has acquired Coffeen Management Company (CMC).
An acquisition like this puts CMC in the position to be better and stronger, and to offer more options to our clients.
CMC is an independent automotive finance & insurance agency based in Texas that has successfully driven profits and provided expert assistance for dealer performance since its founding in 1987.
Coffeen’s executive team including President David Hopkins will continue to manage the day-to-day operations of CMC’s Dallas-area office, bolstering the marketing, sales force training and logistical support that NAC can offer dealerships in this market.
“Working with Henry and the CMC team has been an honor. I am truly excited about our future together as one team” says National Auto Care’s Senior Vice President, Courtney Wanderon.
CEO Tony Wanderon adds, “With a team full of seasoned F&I professionals who all bring significant and diverse industry experience, CMC shares a kindred spirit with National Auto Care. I am excited to bring them into the NAC Family.”
CMC prides itself on identifying the increasingly specialized needs of today’s dealerships. Through innovative processes and products, the company offers income development, evaluation and solutions for variable and fixed operations, cutting-edge technology and excellent customer service, all of which result in increased profits for dealers.
“This relationship with National Auto Care gives me the opportunity to maintain CMC and its legacy. I know that we will continue to be in a position of strength with NAC, along with CMC President David Hopkins and my entire team who will continue to put our loyal clients first,” says Coffeen.
“An acquisition like this puts CMC in the position to be better and stronger, and to offer more options to our clients,” adds David Hopkins. “They will always be our top priority, and I look forward to offering them new resources with the backing of NAC and the same objective guidance for what is best for their businesses.”
Coffeen Management Company further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents. The award-winning F&I product provider announced three other acquisitions since July.
The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.
Read More →
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.
Read More →
How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.
Read More →
More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.
Read More →
It’s time to take the next digital step to free F&I managers to handle the most challenging aspects of customer meetings.
Read More →
Some of it should be given to the customer, but that doesn’t mean the F&I office relinquishes the process. In fact, a different approach both builds trust and boosts sales.
Read More →
Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.
Read More →