Kerrigan Advisors Releases Results of 2025 Annual Blue Sky Report

March 22, 2026
Kerrigan Advisors

Kerrigan Advisors is pleased to present a new video overview of our 2025 Annual Blue Sky Report, the auto retail industry’s most widely read analysis of dealership buy/sell activity and valuation trends. In this video, Erin Kerrigan highlights a record-breaking year with 458 transactions and nearly 700 franchises sold, while examining the deeper structural forces reshaping the market, including sustained elevated earnings, improved revenue visibility, and a shift toward more strategic, targeted growth.

The discussion also explores accelerating industry consolidation, the emergence of a K-shaped market between high- and lower-performing assets, and the increasing concentration of revenue among the Top 150 dealership groups. As new, technology-driven entrants introduce alternative operating models, dealers are facing critical decisions around scale, succession and long-term strategy. Watch the video and read the 2025 Blue Sky Report to better understand how these trends may impact your business.

About Kerrigan Advisors

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.

We look forward to connecting with you.

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