Dealership buy-sells fell during the first three months of the year, driven by a decline in acquisitions by private dealers.
At the same time, spending on U.S. dealerships by public retailers surged, led largely by Lithia Motors Inc., which has been on a buying spree.
Those patterns are revealed in two separate reports tracking dealership buy-sell activity. Both reports — the Haig Report and the Blue Sky Report by Kerrigan Advisors — show the number of acquisition deals declining during the first quarter, though their transaction counts differ.
Kerrigan Advisors is honored to work with auto retailers throughout the US to enhance the value of their enterprise. Learn more about our services below:
Customized and confidential sell-side services for higher value dealerships and dealership groups nationwide, with a proven record of achieving the highest sale price per transaction of any firm in the industry.
Capital raising and partnership structuring for growing dealership groups, supported by the largest investor database in the industry.
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.
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.
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.