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Dealership M&A activity reaching feverish pace in third quarter

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For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the...
Group 1

Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

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As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30...
dealership

Dealership M&A transactions continue. Why is buy-sell activity so high?

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The partnership that controls the Prime Automotive Group is liquidating the entire remaining portfolio in a transaction they hope will close by the end...
Prime Automotive

Prime Automotive CEO Todd Skelton on How Business Has Changed in...

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  Prime Automotive Group was growing tremendously before the COVID-19 outbreak. CEO Todd Skelton was tasked with keeping the momentum up while also managing the...
auto industry

CBT Automotive Newscast: August 14, 2020

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Today's Featured Interview: Prime Automotive CEO Todd Skelton on How Business Has Changed in the Last 6 Months Prime Automotive Group was growing tremendously before the...