NCM Associates has acquired Sioux Falls-based Spader Business Management and its subsidiary, A World of Training, effective August 31, 2022, continuing its growth, diversification and customer support across various industries.
With this merger, NCM, the originator of the first 20 automotive group in 1947, will further expand its product and service footprint in several non-automotive industries while maintaining the largest database of financial data and operational metrics in America. North.
NCM President and CEO Paul Faletti said, “Building on the foundation laid by his father and Spader Business Management founder, Duane Spader, John Spader has built an enviable company built on a culture of trust. . NCM employees are honored to have the opportunity to partner with their talented associates and outstanding list of clients.
Spader Business Management, with 45 years of experience, has established itself as the top 20 group and training provider in the RV space, agricultural equipment, powersports, marine and coach among many other industries.
John Spader, President of Spader Business Management, said, “Merging the resources of Spader Business Management with those of NCM will allow us to accelerate the execution of many of our planned strategies. We believe that the combined organizations will provide our customers with many great resources and offerings that would not have been achieved independently. »
NCM and Spader Business Management intend to maintain business as usual as both organizations identify synergies and opportunities to improve the experience for associates and customers. John Spader will join the NCM Associates leadership team to manage Spader Business Management operations, while the corporate headquarters and state-of-the-art training facility will remain in Sioux Falls, South Dakota.