Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in the sale of Beck & Masten Buick GMC North, Buick GMC South, Beck & Masten KIa and Buick GMC Coastal Bend to Houston, Texas-based Group 1 Automotive (NYSE: GPI). Beck & Masten is a dominant auto group in Houston and Corpus Christi, retailing more than 12,000 vehicles in 2022 and representing more than one third of Buick GMC sales in the Houston MSA. The dealerships are amongst the highest volume Buick GMC franchises in Texas and the US, ranking as the #1 Buick GMC dealer in Texas for 22 consecutive years and the #1 Buick GMC dealer in the US six times.
Congratulations to James Masten and John Beck, and thank you for the opportunity to represent on the sale of your iconic group!
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