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Federated Member Motown Automotive Announces Amie Litzinger Endowed Scholarship Fund

Federated member Motown Automotive announces the creation of the Amie J. Litzinger M.D. Class of 2013 Endowed Scholarship Fund at the University of Toledo. The scholarship is named in memory of the daughter of Tom Litzinger, the company’s longtime director of sales and marketing. Amie Litzinger passed away on January 1 of this year at the age of 27 due to complications from a genetic heart disease known as hypertrophic cardiomyopathy.
By Shop Owner Staff
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Federated member Motown Automotive announces the creation of the Amie J. Litzinger M.D. Class of 2013 Endowed Scholarship Fund at the University of Toledo. The scholarship is named in memory of the daughter of Tom Litzinger, the company’s longtime director of sales and marketing. Amie Litzinger passed away on January 1 of this year at the age of 27 due to complications from a genetic heart disease known as hypertrophic cardiomyopathy.

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“The University of Toledo College of Medicine and Life Sciences Class of 2013 lost a respected colleague and a trusted friend when Amie Litzinger passed away on New Year’s Day 2013. Her passing has left a huge void and immense sadness in many hearts,” said Dr. Jeffrey P. Gold, chancellor and executive vice president for health affairs and dean of the college of medicine and life sciences at the University of Toledo. “In honor of Amie’s memory and her values of being a wise, caring and giving person, the Amie J. Litzinger M.D. Class of 2013 Endowed Scholarship Fund has been created.”

The goal and purpose of the scholarship fund is to offer a worthy recipient the opportunity to attend the University of Toledo School of Medicine and Life Sciences. To help Litzinger’s spirit live on and help others realize their dream of becoming a caring and compassionate physician, contributions to the fund may be made by visiting https://give2ut.utoledo.edu/litzinger.asp.

Motown Automotive is the leading full line undercar and underhood auto parts warehouse in southern Michigan with over 50 years of experience in the automotive marketplace. Family owned and operated, Motown has 13 locations in Ann Arbor, Brighton, Flint, Grand Rapids, Lansing, Plymouth, Southfield, Sterling Heights, Taylor, Troy, Waterford and two locations in Farmington Hills.  For more information, visit www.motownauto.com.

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I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
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