In episode two of this special Ratchet+Wrench Radio series, The Financial Future of Independent Auto Repair Shops, CPA Nick Papakyrikos unpacks one of the industry’s hottest—and most misunderstood—topics: private equity. From EBITDA and shop valuations to platform companies and generational wealth, Nick explains why investors see independent repair shops as prime opportunities, even when owners feel burned out or undervalued. Whether you plan to sell someday or grow for the long haul, this episode breaks down the financial game reshaping the aftermarket—and how shop owners can stop thinking like technicians and start thinking like investors.