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.
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.
Asbury adds to the auto retail megadeals trend with its pending acquisition of Larry H. Miller Dealerships.
Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
Florida dealership sold to Morgan Auto Group, marking the 121st Kerrigan-led dealership sale since 2014.
Kerrigan Advisors’ Founder Erin Kerrigan predicts unprecedented buy/sell activity through 2022.
Transaction marks 119th Kerrigan-led dealership sale since 2014.
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.
Transaction marks the 117th Kerrigan-led dealership sale since 2015.
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.
