Date published: November 28, 2016
Look for deep-pocketed buyers to snatch up more dealership groups over the next 12 months and for foreign investors and outsiders to scope out the U.S. auto retailer landscape.
Those are two trends buy-sell experts noted in quarterly reports released last week.
In the first nine months, there were 172 transactions compared with 184 in the year-earlier period, Erin Kerrigan, managing director of buy-sell advisory firm Kerrigan Advisors in Irvine, Calif., wrote in her company's third-quarter Blue Sky Report, citing data from The Banks Report.
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