Dealership buy-sell activity plummeted in the first quarter from year-earlier levels. But buy-sell advisers are confident sales will rebound.
Amid softer new-vehicle sales, dealership prices are slowly declining, buy-sell advisers say. Lower prices and tax reform could bump up the volume of deals by year end, they add, noting that public and private auto retailers as well as outside investors continue to look for deals. In addition, publicly owned retailers have more cash on hand after sharply curtailing stock buybacks.
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.