Harper brings 25 years of credit union industry experience to help drive growth through new partnerships and innovation

San Diego, CA – January 23, 2025 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 35 years,…

Over 30,000 dealership driver license scans were red flagged in the past year by eLEND; company further expands suite of Identity Solutions to combat soaring fraud

NEW ORLEANS, LA - January 23rd, 2025 – eLEND Solutions today announced at the 2025 NADA Show that it…

Snapshot survey from eLEND Solutions show dealers looking for workflow improvements between website tools and core platforms which, majority say, could raise efficiency and customer experience by 20+%; Credit Apps top list of tools needing better platform integration

Foothill Ranch, Calif. – January 21, 2025 – The majority of auto dealerships are experiencing data gaps between the core systems that run their dealerships – customer…

Sale of top volume Toyota dealership in Slidell is final sale of four Bohn family dealerships; marks Kerrigan Advisors’ 285^th dealership sold, 134^th franchise sold in the Southern region and 50^th Toyota/Lexus franchise sold since inception

New Orleans, LA – January 20, 2025 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented New Orleans-based Bohn…

68% of dealers project valuations will increase, or remain at 2024 levels driving strong interest in acquisitions over the next 12 months; Toyota/Lexus are most trusted among dealers for the second consecutive year, but CDJR faces declining valuations and lowest-ever trust ranking, according to…

Sale of leading domestic brand in the highly desirable Washington DC market marks Kerrigan Advisors’ 284^th dealership sold and 54^th franchise sold in the Mid-Atlantic region since the firm’s inception

WASHINGTON DC – December 19, 2024 – Kerrigan Advisors, the premier sell-side advisor…

Buy/sell market continues to trend towards high volume dealerships in high growth markets; marks Kerrigan Advisors’ 133rd dealership sold in the southern region since inception and 79^th franchise sold in 2024

NEW ORLEANS, LA – December 16, 2024 – Kerrigan Advisors, the premier…

Sale of New Orleans’ #1 dealership marks Kerrigan Advisors’ 282^nd dealership sold, 132^nd franchise sold in the Southern region and 69^th luxury franchise sold since 2014; sale underscores trend of largest auto groups acquiring higher volume dealerships, as reported in Kerrigan Advisor’s Third…

330 buy/sell transactions, representing a record 544 franchises, were completed in first nine months of 2024, according to the Third Quarter 2024 Blue Sky Report® by Kerrigan Advisors, as more sellers came to market to capture historically high blue sky values; nearly doubling pre-covid buy/sell levels, market velocity…

Sale of Lafayette’s top volume luxury dealership marks Kerrigan Advisors’ 281^st dealership sold since inception, and 68^th luxury franchise sold since 2014; transaction illustrates continued buyer demand for high-quality, low-risk…

Auto industry honorees were recognized at Cherokee Media Group’s Used Car Week

RENTON, WA – December 3, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that CFO Shirley Jones was honored with a 2024 “Women in Retail” award from Cherokee Media Group. This…

Sale of Houston's high volume Chevrolet dealership highlights strong buyer demand for dealerships in Texas, the nation's second fastest growing market; marks Kerrigan Advisors’ 280^th dealership sale, and 19^th Texas franchise sold since 2023

Houston, TX – November 25, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Conroe, Texas-based Buckalew Chevrolet…

DALLAS, TX – October 22, 2024 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Dallas, Texas-based Cowboy Toyota in the sale of its dealership to The CAR Group (also known as Norm Reeves), the 23^rd largest US dealership group as ranked by Automotive News. This transaction represents Kerrigan Advisors’ fourth Texas Toyota franchise and 18^th Texas franchise sold since May 2023. Kerrigan…

 

New survey from eLEND Solutions shows 76% of dealerships today are less likely to want their DMS to handle the majority of sales and finance processes, and worry most about data breaches and phishing attacks, but lack adequate security assessments from vendor partners.

Foothill Ranch, Calif. – October 8, 2024 – The majority of auto dealerships are less likely to want their DMS to handle most of their sales and finance processes today than…

42% of credit unions report loan volume growth year-over-year, and 57% feel optimistic about rest of 2024, according to a new CULA survey, but uncertainties about presidential election and finance market pushing relief from liquidity and delinquency crises to 2025

San Diego, CA…

Automotive group collects thousands of school supplies and hundreds of backpacks at its dealerships in Western Washington and Southern California to distribute in the communities they serve

RENTON, WA – September 18, 2024 – “Car Pros Cares,” the charitable arm of the Car…

204 transactions, representing a record 381 franchises, were completed in the first half of 2024, according to the Second Quarter 2024 Blue Sky Report® by Kerrigan Advisors; activity was largely driven by an increase in sellers seeking to capture strong blue sky values and well-capitalized buyers

Incline Village, NV – September 9, 2024 – The auto dealership buy/sell market experienced an all-time record in the first half of 2024,…

Sale of #2 volume Buick GMC dealership in strong auto retail market reinforces continued demand for dealerships in the South; transaction marks Kerrigan Advisors’ 277^th dealership sale, 85^th since 2020 in the Southern region

MEMPHIS, TN – August 28, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Memphis, Tennessee-based…

Sale of leading domestic brand in high-growth market highlights ongoing buyer demand in the Southern region; transaction represents the 276^th dealership sold by Kerrigan Advisors since inception and 70^th franchise sold year-to-date

ATLANTA, GEORGIA– August 13, 2024 –…

Gempton brings nearly two decades of automotive experience, including 13 years at AutoNation leading acquisitions and divestitures for the company; will expand Kerrigan Advisors’ footprint with the opening of a new office in Miami, Florida

Miami, FL   August…