MEMPHIS – Former United Motorcoach Association President and CEO Victor Parra has joined Corporate Finance Associates in an advisory capacity.
CFA, an investment banking service firm, works with middle-market companies by providing acquisition, divestiture and transition planning guidance.
While CFA offers mergers and acquisitions advisory services to a wide range of industries, Parra’s role will be focused in the bus and motorcoach area.
“Before accepting the role as an advisor, I reached out to several of CFA’s past clients and they all spoke very highly of the work that they provided,” Parra said. “It is very important to me that they have a good reputation.
“As you would imagine, I have many dear friends in the motorcoach industry and it is vital to me that they get the best advice possible. Many of these folks are like family to me, and I want to make sure that they are well taken care of.”
Parra spent 19 years as president and CEO of UMA before retiring at the end of March.
Brad Lindsay, managing director of CFA MidSouth in Memphis, praised Parra for his knowledge and understanding of the motorcoach industry.
“Vic has dedicated the last 19 years to serving this industry and the passion he has for the business really shows,” Lindsay said.
CFA helps motorcoach operators that are looking to grow through acquisition, are seeking to understand the value of their company, are transitioning their business to family members or are selling to a third party.