Tom Poynton’s Post

Does your Dealership advertise ' WE BUY CARS " ? Recent statements released by the National Automobile Dealers Association { NADA } reveal that the demand for private party acquisitions for used vehicles has tripled since 2019.This trend is expected to continue with more dealers opting for street deals deals to maximize their profit. Competition in this space is fierce. To stay ahead of the game, It is imperative to embrace Private Party Acquisitions. High Level marketing tools have never been important to successfully compete. We offer a solution for our Dealer Partners with an obvious marketing advantage. Please take a quick minute and check out our video Definitely time well spent, what do you have to lose ? Only 1 Dealership per Market Those who get it, Get it Thank you for your time. #carsales #auto Sales #vehiclesales

Discount Tire is pushing into the Chicago, Ill., market with the acquisition of Suburban Tire Auto Repair Centers. https://lnkd.in/g7rfedEt #moderntiredealer #tires #tireindustry #discounttire #tireacquisition #acquisition

Mullen Automotive’s Acquisition Sparks Recovery: … and pursuing strategic partnerships, Mullen Automotive is poised to make significant … the current challenges facing Mullen Automotive have undoubtedly impacted investor confidence … acquisition and optimism surrounding Mullen Automotive’s prospects offer a … #car #cars #awesome

Andy and the Gill Automotive Group team prioritize personal connections. When you select us to sell your dealership, you enter a collaborative journey where we deeply engage with your dealership's story, ambitions, and outlook. Leveraging our extensive firsthand experience as former new car dealership owners and operators, we understand the profound heritage embedded in each dealership. We provide sellers not only with data-driven expertise but also insights derived from an Owner’s viewpoint, delving beyond financial metrics to unveil a comprehensive assessment and associated valuations. Our methodology is grounded in decades of automotive experience, ensuring decisions are meticulously crafted and aligned with your goals. Allow us to help you shape a future legacy for yourself, your family, and the future owner of your dealership. For a complimentary summary valuation of your dealership, contact Andy at 678-232-1016 or Jamie at 828-280-5732. #nada #mergersandacquisitions #dealerships #valuationexperts #NAMAD# #CADA #dealershipsuccess #dealernetwork #personalizedguidance

"'This transaction came together very, very quickly,’ said Erin Kerrigan, managing director of Kerrigan Advisors. ‘And I think it's indicative of how valuable the Koons group is and the fact that it is in one of the best markets in the country.’ Kerrigan Advisors, a sell-side firm in Incline Village, Nev., is representing Koons.” Kerrigan Advisors was featured in Automotive News this week in an article covering Asbury Automotive Group's pending acquisition of Kerrigan Advisors’ client, Jim Koons Automotive Companies, which is slated to close in the fourth quarter of 2023 or the first quarter of 2024. With this acquisition, which is expected to add 20 dealerships representing 29 franchises and six collision centers to Asbury’s portfolio, Asbury could potentially grow to the 4th largest US dealership group in the US by new vehicle sales. Read the full article: https://lnkd.in/g4Ujj3Dv #dealerships #automotivenews #Koons #Asbury #ABG #mergersandacquisitions #megadeals #transactions #buysells #washingtonbaltimore #autoretail

What does it take to build an automotive empire? Gayle Benson, owner of the New Orleans Saints, shares her vision in expanding her business with recent acquisitions of dealerships and collision centers. Dive into the details of this strategic move and its potential impact ⬇️ #AutomotiveEmpire #GayleBenson #NewOrleansSaints

David Kendrick, UHY’s head of automotive, shines a light on the 2023 automotive transactions market and offers his industry predictions for the next twelve months. Read David's latest insight into the current and prospective automotive M&A market below 👇 #automotive #mergersandacquisitions

Hudson Automotive Group Announces the Acquisition of Vic Bailey Automotive: … the acquisition of Vic Bailey Automotive. This acquisition adds five exceptional … serves with the best possible automotive shopping experience and service. For … additional information about Hudson Automotive Group and to learn more … #car #cars #awesome

What would prompt Jim Koons to stick his toe in the water and consider a sale to Asbury? The moivation is that the buyers continue to pay Blue Sky with a nod towards winning COVID years! EVERYONE is for sale for the right number! You may be shocked to learn the Blue Sky that your store(s) would bring in today's HISTORIC sellers market. Join Larry H. Miller, Al Hendrickson, Jim Koons, and other winners taking advantage of the Blue Sky 'Perfect Storm'. If you or someone you know *could be* or *should be* for sale, Gill Auto is here to help dealers get the most blue sky for their dealerships quickly and quietly. Please see GillAuto.com for our current listings or for more information about selling your dealership or platform of stores. [email protected] 904-599-1582 #mergersandacquisitions #autodealers #autodealership #automotivenews #autodealers #buysell #nada2023 #nada #automotive #dealerships #cardealerships #truckdealerships #retirementplan #exitstrategy #estateplanning #dealershiplife #carbusiness #cardealers #truckdealer #autoretail #dealership #autonews #ABG #AN #GPI #PAG #SAH #automotive #bluesky #goodwill