SAN DIEGO, AND SALT LAKE CITY…
Kerrigan Advisors projects over 350 completed transactions for 2021; historic market velocity driven by high valuations and unprecedented capital access resulting from record revenue and profitability
Incline Village, NV – December 16, 2021 – The auto dealership buy/sell market is on track for another record year as it continued its momentous pace in the third quarter according to the just-released Third Quarter 2021 Blue Sky…
ContinueAdded by Crystal Hartwell on December 16, 2021 at 9:37am — No Comments
Sale of third highest volume Honda dealership in Illinois to Gerald Auto Group
Incline Village, NV –December 8, 2021 – Kerrigan Advisors represented Continental Motors in its sale of Continental Honda of Countryside, Illinois to Chicago-based Gerald Auto Group. This sale marks the third transaction for Continental Motors that Kerrigan Advisors has represented since 2019 and the 143rd dealership sale led by the…
ContinueAdded by Crystal Hartwell on December 8, 2021 at 9:06am — No Comments
Sale of eight dealerships to Asbury Automotive Group marks the largest dealership group transaction in Denver’s history
Incline Village, NV – December 7, 2021 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Stevinson Automotive, the largest privately-owned dealership group based in Denver, Colorado, in the sale of its eight dealerships to Asbury Automotive Group. The transaction…
ContinueAdded by Crystal Hartwell on December 7, 2021 at 7:49am — No Comments
Virtual, safe and efficient vehicle appraisal and selling now available to Georgia consumers through 12 new virtual, and four bricks and mortar, locations; extends AutoBuy’s capacity to deliver fresh vehicle inventory to auto dealers
West Palm Beach, FL – November 30, 2021 - AutoBuy, the auto remarketing disrupter that makes it easy and safe for consumers to sell their vehicles virtually,…
ContinueAdded by Crystal Hartwell on November 30, 2021 at 10:08am — No Comments
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
Incline Village, Nevada, November 29, 2021 – Auto dealers’ optimism about the valuation of their dealerships has doubled year-over-year, according to the…
ContinueAdded by Crystal Hartwell on November 29, 2021 at 8:36am — No Comments
A new eLEND Solutions report reveals that auto dealers are offering digital retailing a warm, but partial, embrace: nearly half have advanced their DR ‘end point’ since COVID lockdowns, but 64% end digital path-to-purchase before F&I
Irvine, Calif., – November 16, 2021 – A new report from automotive…
ContinueAdded by Crystal Hartwell on November 16, 2021 at 10:01am — No Comments
Priority 1 sale marks the 21st group sale Kerrigan Advisors has represented since 2015
Incline Village, NV – November 11, 2021 – Kerrigan Advisors represented Baltimore, Maryland-based Priority 1 Automotive Group in its sale to AutoNation on November 8, 2021. The acquisition is one of the largest completed by AutoNation since 2018, and the largest on record in the Mid-Atlantic region. Kerrigan Advisors, which focuses exclusively…
ContinueAdded by Crystal Hartwell on November 11, 2021 at 9:26am — No Comments
Leader in indirect vehicle leasing for credit unions marks 100,000 active leases, worth nearly $3.8 billion, as credit union members increasingly opt for leasing’s flexibility and affordability
San Diego, CA – November 10, 2021 – Credit Union Leasing of America (CULA), the leader in indirect leasing for credit unions, announced today that its portfolio has exceeded 100,000 active leases through its credit union…
ContinueAdded by Crystal Hartwell on November 10, 2021 at 9:37am — No Comments
AutoBuy’s innovative remarketing model and efficient, virtual appraisal process for consumers results in steady stream of fresh inventory for auto dealers, driving record growth: 180% sales growth, $2 billion in inventory appraised to date, and expansion into four more states
West Palm Beach, FL – November 1, 2021 - AutoBuy is delivering fresh, high-quality…
ContinueAdded by Crystal Hartwell on November 1, 2021 at 10:14am — No Comments
Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021 – as limited inventory and more efficient practices send dealership profits soaring 164%; historic access to capital fuels demand, and blue sky valuations tick up more than 40% from pre-COVID levels.
Incline Village, NV - September 20, 2021 – The auto dealership buy/sell market has hit yet another historic high, with 320…
ContinueAdded by Crystal Hartwell on September 20, 2021 at 10:17am — No Comments
SAN DIEGO, AND SALT LAKE CITY…
Added by Crystal Hartwell on September 14, 2021 at 11:44am — No Comments
Sale of Earnhardt Kia and Rodeo Hyundai marks 11th Top 150 Dealership Group Kerrigan Advisors has advised since 2015
INCLINE VILLAGE, NV – September 2, 2021– Kerrigan Advisors represented Earnhardt Auto Centers in the sale of Earnhardt Kia in Phoenix, Arizona and Rodeo Hyundai in Surprise, Arizona to Ken Garff Automotive Group. These transactions are Ken Garff’s first dealership acquisitions in the Arizona market. A long-time…
ContinueAdded by Crystal Hartwell on September 2, 2021 at 2:03pm — No Comments
Florida dealership sold to Morgan Auto Group, marking the 121st Kerrigan-led dealership sale since 2014
Incline Village, NV - August 23, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the US, represented and advised Fuccillo Automotive Group in its sale of Fuccillo Nissan of Clearwater to Florida’s Morgan Auto Group. With this transaction,…
ContinueAdded by Crystal Hartwell on August 23, 2021 at 8:33am — No Comments
Transaction marks 119th Kerrigan-led dealership sale since 2014
INCLINE VILLAGE, NV – July 28th, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented owner Ron Bubar in the sale of Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado to Sonic Automotive (NYSE: SAH).
The transaction marks the 118th and 119th dealership sale that Kerrigan Advisors has…
ContinueAdded by Crystal Hartwell on July 28, 2021 at 8:00am — No Comments
Leader in indirect vehicle leasing for credit unions posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history
San Diego, CA – July 15, 2021– Credit Union Leasing of America (CULA) today announced that vehicle leasing through its credit union partners continues to gain momentum, after posting its 9th consecutive month of record lease originations in June. After…
ContinueAdded by Crystal Hartwell on July 15, 2021 at 1:06pm — No Comments
Transaction marks the 117th Kerrigan-led dealership sale since 2015
INCLINE VILLAGE, NV – June 22, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented Lithia Motors (NYSE: LAD) in the sale of Audi Valencia to Ghreiwati Auto Group, owner of Surf City Nissan and Corona Nissan of Southern California.
This transaction marks the 117th dealership that Kerrigan Advisors has advised…
ContinueAdded by Crystal Hartwell on June 22, 2021 at 8:05am — No Comments
A perfect, and unique, combination of market factors - record auto sales and grosses, soaring valuations, waning pandemic crisis and potential new tax laws - fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period, according to the First Quarter 2021 Blue Sky Report® by Kerrigan Advisors
Incline Village, NV - June 21, 2021 – The auto…
ContinueAdded by Crystal Hartwell on June 21, 2021 at 8:06am — No Comments
CULA caps record-setting start to year by powering vehicle leasing for Metro Credit Union, the only credit union to offer the benefits of vehicle leasing in New Hampshire
San Diego, CA and Chelsea, MA–June 17, 2021 – Credit Union Leasing of America (CULA) has further expanded its vehicle leasing footprint through its partnership with Metro Credit Union, which launched vehicle leasing in New Hampshire this month.…
ContinueAdded by Crystal Hartwell on June 17, 2021 at 11:32am — No Comments
Innovative re-targeting technology keeps more car shoppers moving down the purchase funnel
IRVINE, CA - June 8, 2021 - eLEND Solutions™ and Orbee are partnering to help transform auto dealership websites into powerful deal generators, by moving more online shoppers down the purchase funnel through intelligent re-engagement technologies. eLEND Solutions is an automotive FinTech company focused on providing a simplified vehicle purchase process for the…
ContinueAdded by Crystal Hartwell on June 8, 2021 at 7:08am — No Comments
InTouch Credit Union follows success of vehicle leasing program in Michigan with new Texas offering
San Diego, CA – April 20, 2021 – Credit Union Leasing of America (CULA) now offers vehicle leasing services in Texas through its partnership with InTouch Credit Union (ITCU). ITCU began offering leasing in its home state of Texas in the first quarter of 2021, closing…
ContinueAdded by Crystal Hartwell on April 20, 2021 at 10:23am — No Comments
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