Buy-sell activity poised to rebound

Buy-sell activity last year slipped from 2015's record level, but brokers expect it to rebound this year as more sellers come to market with realistic price expectations. Domestic brands and nonluxury import brands are hot. That's partially, but not entirely, because of their truck-heavy lineups, two buy-sell advisers say in reports out this week. Kerrigan: [...]

By |March 20th, 2017|In the News|

Continued Strength in the Buy/Sell Market and the Road Ahead

As we wrap up another strong year of buy/sell activity, it is valuable to reflect on some key themes that are influencing the acquisition market, and continue to power this very strong transaction trend. We continue to see transaction sizes rise and multi-dealership groups come to market at an increasing pace, as noted in the [...]

By |March 4th, 2017|In the News|

Why Some Franchises are Worth More

While scarcity and historical earnings certainly influence Blue Sky multiples, risk profile plays squarely into the multiple that buyers are willing to pay for certain franchises. For example, the franchises that are trading at a 4 multiple or under would seem highly attractive to a buyer focused on ROI, but many buyers are keenly aware [...]

By |February 21st, 2017|In the News|

Buy-sell business could boom this year

This year's buy-sell activity is expected to outpace 2016's in volume -- if sellers continue to come to market and prices drop, buy-sell advisers say. "We have projected this to be the most active buy-sell market in history," said Erin Kerrigan, managing director of Kerrigan Advisors in Irvine, Calif. Kerrigan said the number of buyers [...]

By |February 13th, 2017|In the News|

Kerrigan Advisors at AutoNews TV – February 2nd 2017

AutoNews TV featured Erin Kerrigan from her interview with Tom Worbec. Watch the video:

By |February 3rd, 2017|In the News|

How manufacturers affect store values

The complex and symbiotic relationship between dealers and manufacturers is a unique element of the U.S. auto retail industry. Now 100 years strong, this relationship has resulted in one of the largest and most dynamic retail industries in the world, providing American consumers an incredible array of choices and immediate delivery of vehicles. It does, [...]

By |January 30th, 2017|In the News|

Expect Banner Year for Car Dealership Buy-Sells

Some investors in the market to buy dealerships go for “trophy” stores representing luxury brands such as Mercedes-Benz, BMW, Lexus and Jaguar. But needless to say, those facilities come with premium prices that can scare off prospective investors. “There are more capital risks,” says Erin Kerrigan, the head of Kerrigan Advisors, who tracks dealership buy-sell [...]

By |January 27th, 2017|In the News|

Kerrigan Advisors Represents Edmark Superstore in Its Sale to Kendall Auto Group

Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Edmark Superstore, one of Idaho's highest volume selling dealerships, in its sale to Kendall Auto Group. The Edmark Superstore is co-owned by David Edmark and Jim Chalfant. Edmark Superstore’s franchises include Chevrolet, Cadillac, Buick, GMC and Kia. With this [...]

By |January 17th, 2017|In the News|

Advisors Helped Tonkin Sale

Kerrigan Advisors represented and advised the Ron Tonkin Dealerships, Portland's largest auto dealership group, in its sale to Gee Automotive Companies. This transaction will create one of the nation’s top 50 dealership groups. Kerrigan Advisors, headed by Erin and Ryan Kerrigan, has now represented three of the top 100 dealership groups in the last 12 [...]

By |December 28th, 2016|In the News|

Daily Newscast: How will Trump affect your dealership?

By |December 20th, 2016|In the News|