Kerrigan Advisors

“Kerrigan Advisors leads the industry in representing Toyota franchises, especially in Texas, which is why they were the logical choice to represent us in our sale. Their strategic guidance and focused sale process as well as their incredible professionalism ensured our sale was a success. Erin Kerrigan and her team never lost focus of our financial and personal objectives for our sale." Ron Schwartz, Co-Owner of Cowboy Toyota Kerrigan Advisors is honored to have represented Ron Schwartz, Bob Cannon, the Bohn Brothers and Tobias Fulton in the sale of Dallas-based Cowboy Toyota to The CAR Group (Norm Reeves), the 23rd largest US dealership group as ranked by Automotive News. Toyota franchises are the most sought after by today's buyers, especially in high-growth markets like Texas, leading to strong buyer demand and valuation premiums. This transaction represents Kerrigan Advisors’ 18th Texas franchise sold since 2023, and Kerrigan Advisors has now advised on the successful sale of a major Toyota dealership in each of the largest Texas markets, including Dallas, Houston and San Antonio, as well as Beaumont in the last 18 months. Read the full press release: https://lnkd.in/g4RfqVwx #automotivenews #transaction #dallas #texas #autoretail #buysell #dealership #toyota #bluesky #cowboytoyota #normreeves #conant

“With 697 franchises sold—the highest since 2021—the auto dealership buy/sell market had another record-breaking year in 2024. But beyond the strong transaction volume, key industry shifts are shaping the future of dealership valuations and consolidation.” Erin Kerrigan Kerrigan Advisors’ 2024 Annual Blue Sky Report was featured in a Digital Dealer Conference & Expo article this week, highlighting key factors that will define the buy/sell market this year. As dealers and their families plan for 2025 and beyond, the choice between growth and exit will be front and center—while inertia appears to be a less viable strategy in the evolving market. Our recently released report also highlights three major trends that will impact the auto retail market in 2025, including rising real estate values propping up overall dealership valuations, OEMs’ increased use of their right of first refusal (ROFR) and China’s growing influence. Read the article here: https://lnkd.in/gNEHhZjM #Article #Automotive #Automotivenews #BlueSky #Valuations #AutomotiveIndustry #Dealership #MergersAndAcquisitions #RealEstate #China

The sale of Kerrigan Advisors’ client Kia of Cerritos, #2 highest volume Kia dealership in the nation, was highlighted in an Auto Remarketing article last week. This transaction marks a significant milestone, as our firm has now successfully represented five of the top 15 Kia dealerships nationwide, further cementing our expertise in exclusive sell-side advisory services for high-value, high-demand franchises nationwide. Read the article here: https://lnkd.in/geXWryBR #Article #Automotive #AutomotiveNews #AutomotiveIndustry #Dealership #Transactions #Kia #Cerritos #LosAngeles #California #KerriganAdvisors #Kerrigan

“With interest rates lower, inflation moderating and vehicle affordability improving, new vehicle sales saw a significant uptick throughout the year, further boosting buyer confidence. This confidence grew even stronger post-election, as dealers experienced a sharp rebound in new vehicle sales — clear evidence of pent-up consumer demand after years of constrained supply.” Erin Kerrigan Kerrigan Advisors’ 2024 Annual Blue Sky Report was featured in an Auto Remarketing article this week covering the release and highlights of the report. Lower interest rates, stabilizing inflation and improving vehicle affordability have reignited consumer demand, fueling industry optimism and positioning the market for continued growth. Despite a dip in earnings from pandemic highs, dealership profitability remains well above pre-pandemic levels, supporting strong valuations and sustained buyer interest. The report also underscores the growing divide between high-performing and struggling franchises, emphasizing the need for strategic diversification as industry consolidation accelerates. Read the article here: https://lnkd.in/gk4NA78d #Article #Automotive #Automotivenews #BlueSky #Valuations #AutomotiveIndustry #Dealership #MergersAndAcquisitions

Will 2025 be another record year for dealership buy/sells? Join us on April 22nd for Kerrigan Advisors' webinar with American International Automobile Dealers Association (AIADA) featuring highlights from our latest Blue Sky Report. Erin Kerrigan will discuss the 2025 buy/sell market and expectations for valuations as industry earnings rebound. Highlights of the webinar will also include: ·      Franchise valuation outlook – winners and losers in 2025 ·      Accelerating consolidation in key markets ·      Expectations for major transactions and industry growth Whether you're looking to expand or considering an exit, this webinar will provide critical insights to help you navigate the evolving market. Register here: https://lnkd.in/gdfZy2cz #AutoM&A #DealershipTrends #BuySellMarket #AutoDealerships #Webinar #Automotive #AIADA #Dealerships #Valuations #BlueSkyReport

"We knew choosing Kerrigan was the right decision, given their deep knowledge of the California dealer market and the Kia brand, not to mention an advisory process that engaged every Kerrigan team member, from accountant to principal, focused on the success of our sale. As our team focuses its efforts on growing our footprint in the Southeast, it was so important to be able to depend on Kerrigan to identify a capable buyer – one that will continue to provide new career opportunities for our fantastic employees and further enhance the legacy of Kia of Cerritos.” – Michael Sobh, Co-Owner of Lou Sobh Automotive Kerrigan Advisors is pleased to announce the sale of our client Lou Sobh Automotive Group's Kia of Cerritos dealership to Trophy Automotive Dealer Group LLC. As the second highest-volume Kia dealership in the U.S. and located in the country’s largest auto mall, Kia of Cerritos exemplifies the kind of high-performing, marquee franchise that continues to attract strong buyer demand. This transaction underscores the increasing demand for top-tier, high-volume dealerships in today’s competitive buy/sell market and marks our 287th dealership and 20th Kia franchise sold since 2015, including five of the top 15 volume Kia stores nationwide. Read the full press release here: https://lnkd.in/gw2W7Mq3 Pictured from left to right: Mike Sobh, Lou Sobh, Nasser Watar and Ryan Kerrigan. #Automotive #AutomotiveNews #AutomotiveIndustry #Dealership #Transactions #Kia #Cerritos #LosAngeles #California #KerriganAdvisors #Kerrigan

“With valuations poised to rise, we expect another robust year for dealership transactions. As dealers and their families plan for 2025 and beyond, the choice between growth and exit will be front and center—while inertia appears to be a less viable strategy in the evolving market.” Ryan Kerrigan Kerrigan Advisors’ just-released 2024 Annual Blue Sky Report reveals another record year for buy/sell activity, with a 10% year-over-year increase compared to 2023. Buyers’ confidence in valuations strengthened in 2024 as earnings normalized and vehicle sales rose, fueling continued industry consolidation, particularly among top-performing franchises like Toyota, Lexus, BMW and Honda. In addition, the Southern US emerged as the dominant market for acquisitions, capturing a record 51% of buy/sell activity and up 20% from 2023. Read Kerrigan Advisors' press release highlighting the 2024 Annual Blue Sky Report® here: https://lnkd.in/gWtfpjax #KerriganAdvisors #Kerrigan #report #dealers #dealerships #autoretail #automotive #valuations #bluesky #China #realestate

Ryan Kerrigan recently joined Jim Fitzpatrick on CBT News to discuss the latest trends in the automotive retail market, dealer sentiment amid economic uncertainty and key insights from Kerrigan Advisors’ just-released 2024 Annual Blue Sky Report. One of the most significant factors shaping the market is the growing influence of the Chinese automotive industry, coupled with rising tariff concerns. As Chinese manufacturers expand globally, the impact on competition, valuations and trade policies is becoming increasingly important. Dealers are feeling the pressure of these factors, with a rising number opting for a sale, while buyers see opportunities in a changing landscape heading into 2025. Watch the interview here: https://lnkd.in/gEBYdWHM #interview #automotiveindustry #automotivenews #automotive #dealerships #valuations #China #realestate #trends #bluesky #Kerrigan #KerriganAdvisors #Kerrigan

Kerrigan Advisors is pleased to share our 2024 Annual Blue Sky Report, the most in-depth analysis of the dealership buy/sell market, important market trends and our yearly franchise review. 2024 was another record year for the transaction activity, with 438 completed buy/sells. The strength of the buy/sell market was largely driven by growing industry confidence in the future of auto retail sales and profitability. In the report, we also highlight three key trends that are expected to impact the buy/sell market throughout 2025: - Dealership Real Estate Values Remain High, Buoying Dealership Enterprise Values - OEMs Exercise Their Right of First Refusal at an Increasing Rate - Chinese OEMs’ Growing Global Market Share Could Eventually Impact US Blue Sky Values To download a preview of the report, please visit our website: https://lnkd.in/gWE4-3sx #bluesky #dealerships #autoretail #buysells #kerriganquarterly #mergersandacquisitions #automotive #autonews

Kerrigan Advisors is pleased to be included as a guest speaker at the 2025 Auto Intel Summit next month on Wednesday, April 9th. Gabriel Robleto will be speaking on The Automotive Investment & Buy-Sell Landscape panel, exploring key trends in dealership buy/sell activity and automotive tech investment from venture capital.  Thank you Joe Overby and Cherokee Media Group for including Kerrigan Advisors in this informative event. Register for the Summit here: https://lnkd.in/gZSh_fVZ #AutoIntelSummit #automotive #automotiveindustry #dealerships #mergersandacquisitions