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Pierce Automotive Group picked up well-established Lexus stores after their founder died, vowing to carry on her approach and the dealerships’ names and staffs.
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Kerrigan Index, survey find industry buy-sell activity robust despite industry challenges
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Major industry deal billed as enhancing auto dealer wealth and F&I solutions
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Industry veteran Dana Gaudet took a controlling interest in Paragon Dealer Services, bringing decades of automotive and F&I experience to lead the company into its next phase of growth.
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Longtime family Chevrolet store in tri-state area picked up by auto group.
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Kerrigan metrics show there’s plenty of demand, though many sellers are waiting to pull the trigger.
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Area group buys, renames longtime store as previous owner focuses on luxury brand.
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Trio who owned it nearly 20 years pivots as family picks up a fourth store.
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Trade tariffs slow activity, but they are expected to actually boost dealership profits this year, according to Kerrigan’s Blue Sky Report.
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