ZT Wealth of Houston recently acquired a four-franchise dealership group in Florida, the first time it has invested in the dealership business. Now it aims to grow through acquiring open po... Read more
Canada’s Steele Auto Group has acquired the Cole’s Autohaus Volkswagen dealership in Nova Scotia. Steel’s Auto Group is interested in acquiring more stores in Nova Scotia,... Read more
Roger Penske said in a recent earnings call that his group would split its 2015 acquisitions evenly between commercial and light vehicles. Commercial vehicle dealerships have lower valuation... Read more
The 2016 Equinox crossover vehicle from Chevrolet will feature a new fascia and interior improvements as well as a streamlined model lineup, Automotive News reports here: Share this articleL... Read more
Skip Jabbar and Charles Oglesby are the owners of a new Toyota dealership that recently opened in Burleson, Tex., the Dallas Morning News reported here: Burleson is a suburb of Ft. Worth, Te... Read more
Balise Auto Group, which owns stores in Massachusetts and Rhode Island, has acquired Majestic Honda of Warwick, Rhode Island, the Warwick Post reports here: Share this articleLinkedinFaceboo... Read more
By Don Ray, Portfolio Reinsurance Planning your succession (exit) strategy is an endeavor requiring forethought, wisdom, transition time and intestinal fortitude. Let’s face it; an exit stra... Read more
Succession is a big driver of many of the deals in the current buy sell market. Last week, Robert Bass of Bass Sox Mercer told me that lack of management depth has been behind many of the de... Read more
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