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A group out West picked up the major D.C.-area collection, putting it in the upper tiers of private automotive groups in the U.S.
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The sale of two Minnesota franchises ends a rare multigenerational business while adding to one of the Midwest’s biggest auto groups.
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The Kerrigan Index shows that despite a chaotic year of musical trade tariffs, high vehicle prices and more roadblocks, acquirers still flush with pandemic-era cash accelerated the consolidation pace.
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Pierce Automotive Group picked up well-established Lexus stores after their founder died, vowing to carry on her approach and the dealerships’ names and staffs.
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Kerrigan Index, survey find industry buy-sell activity robust despite industry challenges
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Major industry deal billed as enhancing auto dealer wealth and F&I solutions
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Industry veteran Dana Gaudet took a controlling interest in Paragon Dealer Services, bringing decades of automotive and F&I experience to lead the company into its next phase of growth.
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Longtime family Chevrolet store in tri-state area picked up by auto group.
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Kerrigan metrics show there’s plenty of demand, though many sellers are waiting to pull the trigger.
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