August 29, 2018 - Industry News
New tax law and economies of scale help publics and consolidators buck trends to grow earnings and fuel the buy/sell market to 92% growth in the second quarter. According to the firm, the market is on track for a fifth consecutive year of more than 200 acquisitions.
Tags: dealer principal, Kerrigan Advisors, M&A, Mergers and Acquisitions
August 6, 2018 - Industry News
The acquisitions bring the dealer group’s rooftop count to 32. In the Tampa, Fla., area alone, Morgan Auto Group now represents 10 brands across 10 stores.
Tags: Mergers and Acquisitions, Morgan Auto Group
June 18, 2018 - Industry News
The Toronto-based mergers-and-acquisitions firm has advised on the closing of more than 160 dealerships in deals worth more than $3 billion. Its expansion into the U.S. market will be led by industry veteran Russell Hill.
Tags: Dealer Solutions North America, Farid Ahmad, Mergers and Acquisitions, Russell Hill
January 24, 2018 - Industry News
iA Financial Group has completed its acquisition of the third-party administrator and its insurance arm, Dealers Assurance Co. Both companies will now operate as fully owned subsidiaries of iA.
Tags: Dealers Assurance Company, F&I products, iA Financial Group, Mergers and Acquisitions, reinsurance, SouthwestRe
June 5, 2017 - Industry News
Despite slowing auto sales and a slight dip in blue sky values, dealership buy/sell activity remained robust in the first quarter, according to the buy/sell advisory firm’s The Blue Sky Report.
Tags: Kerrigan Advisors, Mergers and Acquisitions, The Blue Sky Report
November 22, 2016 - Industry News
Buy/Sell activity remains strong, but the firm believes activity could slow in the fourth quarter as sellers hope for a more favorable tax rebate on their sales proceeds in 2017.
Tags: Kerrigan Advisors, Mergers and Acquisitions, Tax Benefits, The Blue Sky Report, Trump
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