Supplement announces new retained agreement with APEX Automotive Paint Exchange

Aug. 14, 2017
Supplement, a strategic and financial advisory firm, announced a new retained engagement with the APEX Automotive Paint Exchange.

Supplement, a strategic and financial advisory firm, announced a new retained engagement with the APEX Automotive Paint Exchange.

APEX is a business performance group (i.e. “20 Group”) comprised exclusively of independent multi-location automotive paint distributors. The group was formed to help owners of automotive paint distribution companies improve both the financial and strategic performance of their business in light of an increasingly competitive landscape.

Brad Mewes, founder of Supplement, says “What immediately drew me to APEX was the quality of the business owners in the group. Each one of these owners is focused on growing and expanding their business. They represent the best of the industry and I’m honored they selected me.”

APEX engaged in a formal search, interviewing and vetting multiple candidates before settling on Mewes. Steven Choiniere, a longtime APEX member, says “We really believe there was only one candidate that demonstrated extensive knowledge of our industry; someone we all believe we will benefit from as our moderator. We are excited to have Brad on our team.”

Membership in APEX is exclusive and by invitation only. Members meet 3 times a year, agree to a strict code of conduct, share detailed financial data, and identify best practices. Accountability is a critical component of the success of the group, and group members do not shy away from tough conversations.

The group is currently planning their September 2017 meeting in St. Thomas. If you are interested in participating, please reach out to Brad Mewes directly at http://supp-co.com/20Group.

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