Crystal Hartwell's Blog – December 2022 Archive (3)

Auto Dealership Buy/Sell Stays Hot with Yet Another Record in 2022: Earnings Climb as Dealers Plan for More Acquisitions

According to Third Quarter 2022 Blue Sky Report® by Kerrigan Advisors, dealership buy/sells increase 25% YoY as auto retailers overcome economic headwinds to achieve a 205% increase in earnings compared to pre-pandemic averages; dealers focus on expansion through acquisition with almost 50% planning to add one or more store, but low stock prices dampen public auto retailers buy/sells

 

Incline Village, NV – December 20th…

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Added by Crystal Hartwell on December 20, 2022 at 8:30am — No Comments

Kerrigan Advisors Represents Earnhardt Auto Centers in Sale of Two Arizona Dealerships

Earnhardt Volkswagen and Rodeo Kia in the Phoenix metro area sold to Ken Garff Automotive Group; marks 177th dealership sale led by Kerrigan Advisors since 2015, and the 5th dealership sold by Kerrigan Advisors in Arizona since 2020, making the firm the most active in the state

 

Incline Village, NV – December 14, 2022 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide,…

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Added by Crystal Hartwell on December 15, 2022 at 8:17am — No Comments

Kerrigan Advisors Represents Lasher Auto Group in Sale of Five Elk Grove Dealerships

Sale of five Sacramento dealerships to Canadian-Based Knight Automotive Group marks the 175th dealership transaction led by Kerrigan Advisors since 2015

 

Incline Village, NV – December 8, 2022 –– Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Lasher Auto Group in its sale of five dealerships: Elk Grove Acura, Audi, Chrysler, Dodge, Jeep, Ram (CDJR), Subaru, and…

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Added by Crystal Hartwell on December 8, 2022 at 8:18am — No Comments

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