Tag: mergers and acquisitions
5 notable automotive M&A deals in the first months of 2023
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...
Automotive tech innovations present new opportunities for M&A — Steve Greenfield
Dealers want to be sure they are making the right investments for their business, which is why on this episode of CBT Now anchor...
S&P Global Mobility enhances data and product offerings with acquisition of...
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...
Trends signaling strong private dealer consolidation in the buy/sell market —...
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,...
Automotive M&A market: What dealers must watch for this year —...
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 to expand suite of vehicle reconditioning software
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...
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...
Car dealers are anxious to hear more about 2023 market trends. Bob Morris is the director of the Southeast Region for the Tim Lamb...
Dealer Jay Feldman brings first standalone Jeep dealership to Michigan
In December of last year, Feldman Automotive Group, a partnership founded in collaboration with actor Mark Wahlberg, celebrated the grand opening of their 19th...
How dealership mergers and acquisitions will change in 2023 — Farid...
The rate of dealership mergers and acquisitions continued to escalate in 2022, with news of buyouts and consolidations arriving nearly every week. The changing...
