M&A activity significantly ramped up last year, and it doesn’t seem to be slowing down. With supply chain shortages, high prices, and the introduction of more electric and hybrid vehicles,...
In the final quarter of 2021, Group 1 Automotive closed a deal to acquire nearly all of Prime Automotive’s assets. As we ushered in a new year and former executives...
On today’s show, we’re pleased to welcome back the Founder and Managing Director of Kerrigan Advisors, Erin Kerrigan, to walk us through the latest results from the recently released Q3...
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...
The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the purchase of Stevinson Automotive, a group...
The partnership that controls the Prime Automotive Group is liquidating the entire remaining portfolio in a transaction they hope will close by the end of the year. Last year, GPB...
Haig Partners has new, recently released data on the profits from the largest public automotive retailers. On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig...
Mergers and acquisitions in retail automotive reached astounding levels in 2020, and the market shows no signs of slowing down. One of the biggest acquisitions in recent memory, was by...
Automotive M&A deals have been very active over the last 12 months as major retailers expand their footprint into new markets. Lithia Motors has been one of the most aggressive...
Automotive M&A transactions have been extremely active even in the throes of a global pandemic. Lithia Motors has made major headlines as it continues to acquire robust dealership groups across...