After the sale to Robert and Mike Moakley of Wisconsin Harley-Davidson fell apart, Iron Town Harley-Davidson attempts to reach new $2.5M deal this week. Due to its bankruptcy status, it need... Read more
Sunshine Kia of Miami was recently acquired by Mario J.T. Benedetti, CEO and dealer principal of South Dade Toyota. According to The Real Deal, the dealership sold for $6M in an area where l... Read more
By Kendall Rawls The automotive retail industry is still hot with buy/sell deals. Even though the economy is starting to show some signs of slowing, opportunities continue to avail themselve... Read more
By Juan Pena, CPA, CGMA, director in the Audit Department and Risk Advisory Practice at MBAF Anyone who has been through a buy-sell transaction knows that part of the process for taking over... Read more
According to recent reports, buy sell activity slowed in the second quarter of this year. Trade tensions played a role, but the fact the publicly-owned dealership groups were largely absent... Read more
McCarthy Auto Group has added Nissan and Subaru to its Kansas City-area dealership group. Its other nearby stores include Hyundai, Chevrolet and Nissan. These two new acquisitions bring thei... Read more
According to the Portland Press Herald, Mark Galos has announced the sale of his father’s namesake, Frank Galos Chevrolet and Cadillac of Saco, ME. The dealership was acquired by Mike... Read more
Frank Sowers of Sowers Pre-Owned has returned to Wilson Ford, where he got his start. He has partnered with J.R. Toothman of Toothman Ford in Grafton to purchase the dealership, now known a... Read more
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