Cooper Chevrolet Buick acquired GMC and Hyundai rooftops from neighboring Superior Automotive Group, creating a five-franchise collection now known as Cooper Auto Family. +
Sonic Automotive and Kerrigan Advisors announced the acquisition of Audi New Orleans from Bohn Brothers Automotive Group. The Metairie, La., store has served the Crescent City area since 2009. +
Kerrigan Advisors tracked 330 dealership transactions involving 544 franchises in the first nine months of 2024, putting M&A on track for a fifth consecutive year of growth. +
Don Franklin Automotive Group broadened its dealership portfolio with the acquisition of Knox Ford from owner Gary Haupt, who will focus his attention on his larger Ford dealership in Louisville. +
Sam Leman Automotive Group purchased Champaign (Ill.) Chrysler Jeep Dodge Ram, Yahoo Finance reported. +
Fred Beans Automotive expanded with the purchase of three rooftops from Freysinger Automotive and a new “state-of-the-art” collision center. +
Braden Automotive Group expanded its luxury lineup with the acquisition of a Central Ohio Cadillac GMC dealership. +
AutoNation divested eight dealerships as part of a broader portfolio strategy shortly after a third quarter that the nation’s No. 1 auto retailer said led to a 24% drop in net income. +
Sheldon Sandler of Bel Air Partners was recently featured on Inside Automotive, offering tips to CBT News viewers preparing to sell a dealership. +
Kerrigan Advisors facilitated the sale of the family-owned Cowboy Toyota to the family-owned CAR Group. +
