For the second yr in a row, Automotive News rigorously documented the dealership buy-sell market. This knowledge served as the muse for our bundle of tales on this week’s problem that look at 2022 and past.
For subscribers, it is a one-stop store of buy-sell knowledge that will not be discovered wherever else.
One key takeaway? The dealership buy-sell market in 2022 was a unique type of busy.
As we doc in our bundle of tales, the theme of the buy-sell market final yr was that personal sellers and teams — not publicly traded auto retailers — had been collectively probably the most lively consumers.
This was a major change from 2021 through which 4 public teams accomplished 4 of the biggest acquisitions in auto retail historical past on prime of what was already an lively yr for buy-sells.
In truth, the variety of transactions in 2022 was truly greater than 2021’s, Automotive News discovered. But the variety of dealerships offered in 2022 was down from 2021, largely due to one other development: no megadeals comparable in measurement to these 4 blockbuster transactions of 2021.
Dealership lawyer Stephen Dietrich, a accomplice with Holland & Knight in Denver, described the 2022 buy-sell market as constant.
“People were still seeing the value [of buying stores], still wanted to get deals done and I think people were very energized to get deals done,” Dietrich instructed Automotive News.
And the offers, and buy-sell monitoring, continues.
Automotive News up to now this yr tracked a minimum of 90 first-quarter transactions, up 9.8 % over the variety of transactions within the first quarter final yr. And for the second quarter, Automotive News has famous a minimum of 93 transactions, although recording for these three months continues.
In addition to the tales, our interactive buy-sell knowledge, now beneath the Automotive News Research & Data Center umbrella, has been redesigned to present subscribers the data they search in a clearer, extra detailed approach.
Subscribers can now seek for transaction knowledge by yr or quarter, type by purchaser or vendor and obtain our full knowledge as an Excel spreadsheet.
Source: www.autonews.com