Kerrigan Advisors’ Blue Sky Report shows 26% bump in first six months.
Purchase adds its eighth dealership in the state, which it entered in 2021.
Acquisition brings group's dealership total to 35 around the country.
They remain more than triple prepandemic levels, while blue-sky values are also falling but are an estimated 2 1/2 times higher than in 2019.
But 2022 was the second most active year ever.
The 2022 Kerrigan Dealer Survey shows dealers still bullish about the future value of their businesses and acquisition plans.
LaFontaine purchase is its second already this year as it continues brisk growth pace.
Defying market headwinds, dealer groups plan to spend excess cash.
Most survey respondents predict their profits will be flat or rise, though fewer expect an increase.
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