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Earnhardt Buick GMC and Earnhardt Mazda of Las Vegas sold to Utah-based Jerry Seiner Dealerships marking the 151st dealership sale led by Kerrigan Advisors since 2015.
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Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.
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Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.
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Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
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Florida dealership sold to Morgan Auto Group, marking the 121st Kerrigan-led dealership sale since 2014.
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Kerrigan Advisors’ Founder Erin Kerrigan predicts unprecedented buy/sell activity through 2022.
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Transaction marks 119th Kerrigan-led dealership sale since 2014.
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A perfect, and unique, combination of market factors fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period.
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Transaction marks the 117th Kerrigan-led dealership sale since 2015.
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The 2020 Annual Blue Sky Report® by Kerrigan Advisors reveals a red-hot market, with blue sky values up 20% and over 100 transactions in the fourth quarter alone.
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