Tag: Haig Partners
Strong demand for dealership acquisitions despite decline in blue sky values
The latest Haig Report for Q3 2023 from buy/sell firm Haig Partners revealed a sustained high demand for car dealerships. The report indicates that...
Murgado Automotive Group acquires two Mercedes-Benz stores in Virginia
Murgado Automotive Group has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, located in the greater Richmond, Virginia area, from Rod McGeorge. This announcement...
High-volume Virginia dealership McGeorge Toyota sells to Graham Ourisman Automotive
Dealer Rod McGeorge has sold McGeorge Toyota, the number four volume franchise dealer in the state of Virginia, to Graham Ourisman Automotive. Haig Partners...
Morgan Automotive Group makes M&A history with purchase of Al Hendrickson...
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This week, Haig Partners served as the exclusive sell-side advisor for the most expensive dealership purchase in history with the sale of Al...
How car dealers found success in a complicated first-quarter
With the arrival of summer drawing ever closer, car dealers are anxious to know where the auto industry stands and where it will go...
Dealership valuation trends: Has it become more difficult to sell? —...
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined...
Why retail automotive is still going strong despite years of challenges...
On this episode of Inside Automotive, host Jim Fitzpatrick is once again joined by Alan Haig, founder of Haig Partners, to discuss further developments...
Automotive buy/sell expert Alan Haig on the latest dealership valuation trends
Before the COVID-19 pandemic, determining a dealership's value was a pretty straightforward process. However, after 2019, buy/sell valuations became trickier. After weathering the brunt...
Dealership mergers and acquisitions keep going strong in July
Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July...
Do you want to sell your car dealership? Why now might...
If you're looking to buy or sell your dealership in today's retail automotive market, what do you need to know? Today on Inside Automotive,...