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Bisa Nitip Bisa Dititp: Private buyers drive dealership buy-sell activities in first half of '22 | Publics' dealership acquisitions drop in '22 | Details on more than 2 dozen deals
Monday, November 21, 2022
Private buyers drive dealership buy-sell activities in first half of '22 | Publics' dealership acquisitions drop in '22 | Details on more than 2 dozen deals
Automotive News tracked 178 buy-sell transactions in the first half of 2022, involving 253 U.S. franchised dealerships trading hands. While the transaction count rose from the first half of last year, the number of stores acquired dipped.
Done Deals is a monthly look at the dealership buy-sell market. Readers can share story tips or deal news with Automotive News Retail Editor Melissa Burden at mburden@crain.com and buy-sell reporters Jack Walsworth at jwalsworth@crain.com and Julie Walker at julie.walker@crain.com.
■ Lexus of Lansing | Lansing, Mich. » ■ White Plains Chrysler-Dodge-Jeep-Ram | White Plains, N.Y. » ■ Nyle Maxwell GMC | Round Rock, Texas » ■ Lodi Toyota | Lodi, Calif. » ■ Bill MacDonald Ford | St. Clair, Mich. »
Valuing dealerships is complicated as buyers weigh many factors when determining how much they will pay in a transaction. The buy-sell market has changed dra¬matically from 2019 as profits surged, and valuations are changing again as conditions begin to get tougher.
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