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Tag: mergers and acquisitions

Murgado Automotive Group buy/sell transactions

Murgado Automotive Group acquires 6 dealerships, LaFontaine adds Chevy store

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According to the Q4 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values, dealership profits reach new peaks...
M&A deals mergers and acquisitions

5 notable automotive M&A deals in the first months of 2023

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With dealership and OEM profits relatively high, increased consumer demand, and an uptick in retirees who are closing or selling their dealerships, M&A activity...
Greenfield

Automotive tech innovations present new opportunities for M&A — Steve Greenfield

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Dealers want to be sure they are making the right investments for their business, which is why on this episode of CBT Now anchor...
Market Scan S&P Global Mobility

S&P Global Mobility enhances data and product offerings with acquisition of...

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SOUTHFIELD, MICH., February 16, 2023 — S&P Global Mobility has announced the acquisition of Market Scan Information Systems, Inc., a leading provider of automotive pricing...
buy/sell market

Trends signaling strong private dealer consolidation in the buy/sell market —...

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Despite lots of speculation about the health of the U.S. economy, dealers are in an incredibly strong financial position to weather any storm, which,...
Bob Morris

Automotive M&A market: What dealers must watch for this year —...

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The pace of dealership consolidations quickened in 2022, a trend likely to continue this year, making it more important than ever for store owners...
Vehlo acquires Velocity Automotive

Vehlo acquires Velocity Automotive to expand suite of vehicle reconditioning software

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Software can help remove barriers to dealership success, but, given the multitude of products on the market, store owners need a place where they...

DSMA CEO Farid Ahmad shares his insights on dealership mergers and...

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The pace of dealership buy/sell transactions has picked up speed since COVID, making it difficult for store owners to keep their fingers on the...

2023 buy/sell trends to watch: Will things go back to normal...

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Car dealers are anxious to hear more about 2023 market trends. Bob Morris is the director of the Southeast Region for the Tim Lamb...
Feldman

Dealer Jay Feldman brings first standalone Jeep dealership to Michigan

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In December of last year, Feldman Automotive Group, a partnership founded in collaboration with actor Mark Wahlberg, celebrated the grand opening of their 19th...