Email us

|

(775) 993-3600

Asbury-Miller tie-up raises stakes in retail consolidation

If there was any doubt a new era of dealership consolidation has arrived, Asbury Automotive Group Inc.'s announcement last week that it would buy Larry H. Miller Dealerships erased it.

The supersized deal — one of the largest ever in auto retail — follows two other megadeals disclosed last month: Group 1 Automotive Inc.'s pending acquisition of Prime Automotive Group and Sonic Automotive Inc.'s agreement to buy RFJ Auto Partners Holdings Inc. In April, Lithia Motors Inc. acquired Suburban Collection's 34 stores.

Click here to read the full article [may require a subscription].

Share this article on:

Buyer Database

If you are a buyer in today’s market, Kerrigan Advisors welcomes the opportunity to learn about your acquisition criteria and include you in Kerrigan Advisors’ proprietary Buyer Database.

Investor Database

We welcome the chance to learn more about your acquisition criteria so that we can contact you in the event a client matches your investment profile.

We Look Forward to Connecting With You

Contact us to learn more about Kerrigan Advisors’ client services, or to have a conversation about the buy/sell market. All of our conversations are 100% confidential.