Media & Insights

Sullivan Tire | Legacy, Loyalty & Employee Ownership

August 13, 2025 · Podcast · 35 min

Welcome to the premiere episode of Buyouts, Business and Bourbon! Host Gerry Spitzer sits down with Paul Sullivan and Joseph M. Zaccheo of Sullivan Tire & Auto, a family-founded business with a remarkable legacy in the tire and auto industry. In this episode, Paul and Joe share the fascinating history of Sullivan Tire, from its humble beginnings in 1955 to its evolution into a thriving, employee-owned company.

In this episode:

The inspiring story behind the founding of Sullivan Tire & Auto and the Sullivan family’s commitment to loyalty, integrity, and customer service.

How Sullivan Tire transitioned to an Employee Stock Ownership Plan (ESOP), making every employee an owner and strengthening the company’s culture.

Insights into succession planning and leadership development within a growing family business.

The impact of employee ownership on retention, engagement, and company growth.

The challenges and rewards of the ESOP process, and why it’s a powerful but underutilized exit strategy for business owners.

Sullivan Tire’s ongoing commitment to community involvement and exemplary customer service.

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About Gerry Spitzer:

Gerry Spitzer is an expert in ESOPS and exit planning for business owners. As co-founder of Questar Capital Partners, he helps founders design tax-efficient exit strategies that preserve legacy, reward employees, and maximize value. With 30+ years in wealth management, Gerry works with companies generating $20M–$300M in revenue, guiding them through complex succession and liquidity events.

📞 Connect with Gerry
✉ gerry@ questarcap.com
📱 850-655-6500
🌐 https://www.questarcap.com/
🔗 LinkedIn: https://www.linkedin.com/in/gerry-spitzer-cpwa%C2%AE-cepa%C2%AE-2472895/

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