As the leading auto dealership brokerage firm in the auto retail industry, Kerrigan Advisors is often quoted in top industry publications, such as Automotive News and the Wall Street Journal.  Our team includes recognized experts in auto dealership buy/sells, real estate, and valuation. Kerrigan Advisors writes for many of the top periodicals in the auto retail industry.  We maintain a monthly column in Dealership Magazine, for which we have written since 2007.  Kerrigan Advisors has also written articles for Driving Sales, the Texas Auto Dealers Association and NADA.

JLR buy-sells get more complicated

Late last year Jaguar Land Rover thought a consolidation in the Chicago area was a done deal. A Jaguar dealer was set to sell his store to a Land Rover dealer across town. But in January, the two retailers hit a wall in their negotiations. The deal froze. JLR wanted [...]

June 19th, 2017|In the News|

Rising Dealership Real Estate Prices and Private Sector Spending Offset Slight Decline in Blue Sky Values, according to The Blue Sky Report® released by Kerrigan Advisors

Kerrigan Advisors report for Q1 2017 reveals robust dealership buy/sell activity in 2017 with dealership valuations remaining high, even as auto sales slow; private buyers dominate buy/sell market as publics focus on non-US acquisitions Buy/Sell auto dealership activity remains robust for the first quarter of 2017, in spite of slowing auto sales and a slight dip in [...]

June 5th, 2017|In the News|

Kerrigan: Buy/Sell Activity Remains Robust in Q1

Despite slowing auto sales and a slight dip in Blue Sky Values — all of which were offset by high dealership real estate prices — dealership buy/sell activity remained robust in the first quarter, according to Kerrigan Advisor’s The Blue Sky Report. Outpaced by the privates in acquisition activity, publics are [...]

June 5th, 2017|In the News|

Dealership buy/sell action to be ‘robust’ for rest of 2017

While differing on how first-quarter activity unfolded, both Kerrigan Advisors and Haig Partners shared upbeat assessments of dealership buying and selling activity for the rest of 2017 as each used the adjective, "robust." First, at Kerrigan Advisors, the firm reported that the action of dealerships changing hands “remains robust” for [...]

June 5th, 2017|In the News|

Slowing buy-sell market expected to rebound

Dealership buy-sell activity plummeted in the first quarter from year-earlier levels. But buy-sell advisers are confident sales will rebound. Amid softer new-vehicle sales, dealership prices are slowly declining, buy-sell advisers say. Lower prices and tax reform could bump up the volume of deals by year end, they add, noting that [...]

May 29th, 2017|In the News|

Ford shakeup could affect dealership buy-sells — later

The shakeup at Ford Motor Co. -- with Mark Fields, 56, out and Jim Hackett, 62, in as CEO -- could erode buyer demand and dealership valuations on Ford brand stores, buy-sell advisers said Monday. But not right away. Ford's product lineup and demand from would-be store buyers remain robust [...]

May 22nd, 2017|In the News|

Are you up or down? Franchise values in motion

The US auto market has always been a highly dynamic, competitive marketplace, with OEMs’ product lines, inventory availability, corporate strategies and technology in constant motion.  These elements can, and often do, impact blue sky multiples for their respective franchises.  Each quarter, we make adjustments to blue sky franchise multiples, positively and [...]

May 3rd, 2017|In the News|

The Buy/Sell Market – Previewing the Year Ahead

2017 promises to be another active year for buy/sells with private groups, and more public buyers, eager to put their capital to work.  We find a continued flow of sellers coming to market, motivated by current prices and a strong desire to capitalize on today’s buy/sell activity.  And, we continue [...]

May 1st, 2017|In the News|

Auto Dealers Decide Cars Are Taking Up Too Much Prime Space

AutoNation Inc., AN +0.04% the largest seller of new vehicles in the U.S., is making a $500 million bet on the used-car business. To pay for it, the dealer chain is selling what has long been the industry’s most precious asset outside of the cars: property. The Fort Lauderdale, Fla.-based company’s move follows a [...]

April 29th, 2017|In the News|

How These Auto Dealerships Stocks are Faring? — CarMax, AutoNation, Copart, and Penske Automotive

Stock-Callers.com has initiated reports coverage on CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), Copart Inc. (NASDAQ: CPRT), and Penske Automotive Group Inc. (NYSE:  PAG). According to The Blue Sky Report®, a Kerrigan Quarterly, an increase in serious sellers coming back into the market, improved valuations, private buyer demand for large [...]

April 18th, 2017|In the News|

Buy-sells shuffle dealership rankings

It's a good time to buy dealerships, says Brian Bates, CEO of Holman Consumer Services, the branch of Holman Enterprises that includes Holman Automotive Group Inc. Holman Automotive acquired the 14-rooftop Kuni Automotive in July. The acquisition bumped Holman 35 spots higher on Automotive News' annual Top 150 Dealership Groups list, which [...]

March 27th, 2017|In the News|

Public Dealer Groups Sell More Than They Buy

Buy/sell auto dealership activity is set to rebound to record levels in 2017, according to The Blue Sky Report from Kerrigan Advisors. Although there was a slight decline (8 percent) in overall transaction activity in 2016, and rising real estate costs are set to present a challenge for buyers, an [...]

March 25th, 2017|In the News|