Driving the news: Vaughan Automotive, led by Shawn Vaughan, acquired its first Ford dealership from Jeanie Janke and Jim Janke in a deal that closed August 18.
For context: Vaughan Automotive acquired the longstanding Tommie Vaughn Ford in the Greater Heights neighborhood of Houston.
Worth noting: The dealership was founded in 1957 by Tommie Vaughn, Jeanie Vaughn Janke’s father. Tommie Vaughn was named one of the nation’s most distinguished auto dealers by Time magazine, Kerrigan Advisors said in a release.
What they’re saying: Jim Janke said in a release that his family has been honored to serve Houston for nearly 70 years, a legacy his father-in-law started in 1957.
“While a sale is bittersweet, we believe Vaughan Automotive was the ideal buyer, and we are confident the business, including our employees and customers, will be in excellent hands after the sale,” Jim Janke said.
Strategic note: Ryan Kerrigan, managing director of Kerrigan Advisors, said in a statement that Ford has become one of the most in-demand domestic franchises in today's buy/sell market.
“In a top-growth market like Houston, where Ford is the No. 1 domestic brand with a commanding market share, well-located, high-volume Ford stores like Tommie Vaughn Ford are exactly the kind of dealership drawing strong buyer demand and premium blue sky values," Kerrigan said.
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, presented by Presidio.
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 445 franchises 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 2025 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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