TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%

M&A experts Faris Syed and Kirk Otis break down automotive buy/sell trends

Earlier this week, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention in Miami Beach, Florida. In this interview, anchor Jim Fitzpatrick sits down with Faris Syed, Founder and President of automotive M&A firm, SAR Partners. As well as, Kirk Otis, Managing Director of Merger Partners, Inc.

The group discusses current car dealership valuations, succession in legacy dealerships, private equity, and much more.

Stay tuned for more coverage of the 2021 NAMAD Convention!


Did you enjoy this on-site coverage of the 2021 National Association of Minority Automobile Dealers Convention? Please share your thoughts, comments, or questions regarding this topic by submitting a letter to the editor here, or connect with us at newsroom@cbtnews.com.

Be sure to follow us on Facebook and Twitter to stay up to date or catch-up on all of our podcasts on demand.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

dealers

More from Daily Automotive News
Courtesy Automotive Group adds two Tucson dealerships

Courtesy Automotive Group adds two Tucson dealerships

- September 4, 2026
Pinnacle Mergers & Acquisitions has facilitated the sale of Watson Chevrolet and Infiniti of Tucson in Arizona to Scott Gruwell, President and CEO of Courtesy Automotive Group. The transaction expands...
Sonic Automotive acquires Porsche Walnut Creek from Fletcher Jones

Sonic Automotive acquires Porsche Walnut Creek from Fletcher Jones

- September 2, 2026
Sonic Automotive acquired Porsche Walnut Creek in Walnut Creek, California, from Fletcher Jones Automotive Group on August 25, 2026, in a transaction that also included the dealership’s related real estate....
When did fixing your own car become someone else's decision?

When did fixing your own car become someone else’s decision?

- September 2, 2026
You paid for the car. You insure it. You fill the tank. The title has your name on it. So why does fixing a broken sensor or updating a module...
Matthew Sanderson acquires Indiana Ford dealership

Matthew Sanderson acquires Indiana Ford dealership

- August 31, 2026
Tim Lamb Group facilitated the sale of Auto Park Ford of La Porte to first-time dealership owner Matthew Sanderson, marking his first dealership ownership opportunity. Sanderson will operate the store...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.