News Summary
NexaMotion Group’s CEO, Neil Sethi, has been honored as a 2025 Crain’s Cleveland Business Notable M&A Dealmaker. This recognition highlights the company’s strategic acquisitions, including five businesses in the past two years, which aim to enhance customer service in the automotive aftermarket industry. NMG’s growth strategy positions it as a vital player in Northeast Ohio’s economic landscape. The honor ceremony will take place on September 11, celebrating the achievements of leaders in fostering regional economic growth through mergers and acquisitions.
Cleveland, Ohio – NexaMotion Group (NMG) has announced that its CEO, Neil Sethi, has been recognized as one of the 2025 Crain’s Cleveland Business Notable M&A Dealmakers. This designation honors leaders who have made significant contributions to economic growth in the Northeast Ohio region.
Sethi expressed his gratitude for the recognition, attributing much of the success to the company’s mergers and acquisitions team, led by Kevin Rozsa. Under their leadership, NMG has successfully acquired five businesses in the past two years, emphasizing a strategic approach to growth.
The acquisitions include C&M Auto Parts, Arch Auto Parts, PPi Automotive, City Auto Supply, and 4M Parts Warehouse. These additions are part of a targeted effort to bolster the company’s operational capabilities and enhance customer service offerings. Sethi underscored that each acquisition aligns with the group’s mission to simplify complex vehicle repair processes for their customers.
NexaMotion Group has implemented a robust growth and expansion strategy, positioning itself as a key player in the automotive aftermarket industry. The company operates over 125 locations and prides itself on having strong connections and availability of supplies, which are crucial in meeting customer demands efficiently.
The company’s forward-looking strategic plan is focused on future growth and innovation, ensuring that it remains competitive in an ever-evolving market. As part of the recognition ceremony, Sethi, along with other notable dealmakers, will be honored on September 11, 2025, celebrating not only individual achievements but also the collective impact on the regional economy.
This recognition from Crain’s Cleveland Business acknowledges the vital role of mergers and acquisitions in fostering economic growth, particularly in Northeast Ohio, and positions NexaMotion Group as a significant contributor to this sector.
For those interested in learning more about NexaMotion Group and its services, additional information is available on the company’s website.
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