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In 1978, Ganley became the owner of Ganley Lincoln-Mercury in Middleburg Heights, Budget Rent a Car at Cleveland Hopkins International Airport and Ganley Dodge of Bedford. In 1979, he added Ganley Oldsmobile in Lakewood which eventually also sold Subaru and Suzuki. During the recession of 1980–1981, Ganley consolidated the growth of his ...
The company was funded through Ganley's private equity firm, the Ganley Group, [2] with $30m in equity funding, $30m in debt financing and a personal investment by Ganley of $5.5m. [8] The French investments firm Richemont Investments SA, [ 10 ] (a division [ 10 ] of Compagnie Financiere Richemont AG [ 2 ] [ 8 ] ) paid approx $5m [ 10 ] to own ...
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Summit Management Services, Inc (“SMSI”) was founded in 1980, though its genesis was actually in 1979 when the founder, Herbert Newman, began purchasing, renovating and operating over 15 properties in SMSI's original submarket of Akron.
From tornados to torrential rains, Greater Akron was hit hard this week. Here's how local businesses and residents have been affected. 'I don't even know where to start': Business owners ...
LKQ Corporation was founded by Donald Flynn in February 1998, with the purchase of Triplett Automotive Recycling in Akron, Ohio.Flynn remained chairman of the corporation until his death in October 2011. [6]
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The Goodrich Corporation, formerly the B.F. Goodrich Company, was an American manufacturing company based in Charlotte, North Carolina.Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Dr. Benjamin Franklin Goodrich, the company name was changed to the "B.F. Goodrich Company" in 1880, to BFGoodrich in the 1980s, and to "Goodrich Corporation" in 2001.
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