The automotive group added Toyota of Newnan, a high-performing dealership in Georgia, to its roster of over 300 rooftops across the U.S.
AutoNation has acquired its second Toyota dealership in over a decade, Toyota of Newnan, in Atlanta suburb Newnan, Ga.
Kerrigan Advisors represented the seller, Birmingham, Ala.-based Tameron Automotive Group, which owns Honda and Hyundai dealerships serving north and central Alabama.
“After building Toyota of Newnan into the market’s leading dealership, the time was right for our group to focus our attention and resources on Birmingham, Alabama, our home market,” said Danny Braden, co-owner of Tameron Automotive Group.
According to Kerrigan, it is the No. 1-volume dealership in Newnan, commanding an estimated 22% share of all new-vehicle sales in the market.
AutoNation owns over 300 locations across the U.S.
“The sale of Toyota of Newnan reflects buyers’ insatiable demand for Toyota franchises, particularly in high-growth markets like Newnan,” said Erin Kerrigan, founder and managing director of Kerrigan Advisors.
The sell-side adviser’s 2025 Dealer Survey found that 86% of respondents had a high level of trust in Toyota, over 20 percentage points higher than the nearest nonluxury competitor.
Kerrigan Advisors is the leading sell-side advisor and thought partner to auto dealers nationwide. Since its founding in 2014, the firm has led the industry with the sale of more than 300 dealerships generating more than $10 billion in client proceeds, including two of the largest transactions in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group and Leith Automotive to Holman. The firm advises the industry’s leading dealership groups, enhancing value through the lifecycle of growing, operating and, when the time is right, selling their businesses. Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors is the only firm in auto retail exclusively dedicated to sell-side advisory, providing its clients the assurance of a conflict-free approach.
Kerrigan Advisors monitors conditions in the buy/sell market and publishes an in-depth analysis each quarter in The Blue Sky Report®, the industry authority on dealership buy/sell market trends and valuations and includes Kerrigan Advisors’ signature blue sky charts, multiples and analysis for each franchise in the luxury and non-luxury segments. To download a preview of the report, click here. The firm also releases The Kerrigan Index™ comprised of the seven publicly traded auto retail companies with operations focused on the US market. The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail. To access The Kerrigan Index™, click here. To read the 2024 Kerrigan Dealer Survey, click here. To read the 2025 Kerrigan OEM Survey, click here. Kerrigan Advisors also is the co-author of NADA’s Guide to Buying and Selling a Dealership.
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