top of page
Search

The Institute for Automotive Business Excellence Announces Formation of Gear Group Holdings LLC to Support Strategic Growth and Industry Leadership

FOR IMMEDIATE RELEASE


Salt Lake City, Utah — March 3, 2026 — The Institute for Automotive Business Excellence today announced the formation of Gear Group Holdings LLC, a new strategic holding company established to support long-term growth, operational scalability, and enhanced partnership opportunities within the automotive aftermarket.


This announcement represents a structural evolution, not a change in identity. The Institute for Automotive Business Excellence remains fully intact in its mission, leadership, and day-to-day operations. Gear Group Holdings LLC has been formed to provide expanded infrastructure and governance designed to support the Institute’s continued growth and industry impact.


Gear Group Holdings LLC will serve as the parent organization of the Institute for Automotive Business Excellence, positioning the organization for enhanced stability, scalability, and future expansion.


“The Institute isn’t changing who we are,” said Cecil Bullard, Chairman. “We are strengthening how we grow. The formation of Gear Group Holdings LLC allows us to build a more durable foundation, improve strategic alignment, and create greater long-term value for our partners and the industry.”


Same Mission. Stronger Structure.

For over nearly two decades, The Institute for Automotive Business Excellence has helped independent automotive repair shop owners improve profitability, leadership effectiveness, operational discipline, and workplace culture through structured peer groups, executive coaching, and performance-based development programs.


The formation of Gear Group Holdings LLC ensures that this mission continues with expanded structural support. By consolidating strategic oversight under the new holding company, the organization strengthens:


  • Long-term financial stability

  • Governance and leadership continuity

  • Operational scalability

  • Strategic partner alignment

  • Capacity for future growth and acquisitions

Importantly, there are no changes to the Institute’s brand, programming, or commitment to its members and partners. Instead, this structural shift enhances the organization’s ability to serve them more effectively.


Built for Longevity and Partnership

For vendor and industry partners, the creation of Gear Group Holdings LLC provides a clearer and more durable platform for collaboration. The new structure supports disciplined growth, expanded engagement opportunities, and a forward-looking strategy designed to create mutual long-term success.


“Our commitment to our partners remains unwavering,” added Cecil. “Gear Group Holdings LLC strengthens our ability to invest in innovation, scale responsibly, and build partnerships designed to last.”


As the automotive industry continues to evolve, this structural enhancement positions the Institute, and its partners, to adapt, expand, and lead with confidence.


Vendors and strategic partners interested in exploring collaborative opportunities are encouraged to connect directly with the leadership team.


About Gear Group Holdings LLC

Gear Group Holdings LLC is a strategic holding company established to support the continued growth and long-term stability of The Institute for Automotive Business Excellence. Designed to provide scalable infrastructure and disciplined governance, Gear Group Holdings LLC enables the Institute to expand its impact while maintaining the mission, leadership, and values that have defined its success.


For more information, media, or partner inquiries, please contact:


Stu Heywood, MBA

385-238-4534










 
 
 
bottom of page