...has been drawn to the business of franchised retail auto dealerships. Included are hedge funds, private-equity funds and family offices. First, what attracts them to automotive… This content is...
McLarty Automotive Buys Stores, has Investment from Family Offices
…Banks Report 13 months ago predicted the industry would begin seeing Family Offices investing in dealerships.) Recently, Fremont Private Holdings, the family office for the construction industry’s Bechtel family out… Continue Reading
TBR 2017 Report on Dealership Buy Sell Activity
…And the Bechtel family’s investment arm, the Fremont Group, picked up the Morrie’s dealer group in Minnesota. By the fourth quarter of 2015, all signs pointed to a record-breaking era… Continue Reading
McLarty Buys 4 Dealerships from Asbury
…family, the Hunt family and the LaFrance family — have invested with McLarty for long term growth. McLarty Automotive Buys Stores, has Investment from Family Offices… Continue Reading
Asbury Acquires Oldest Family-Owned Transportation Co. in the U.S.
…which sits a few miles north of Indianapolis in the town of Noblesville on State Road 37, is unique because it is the oldest family-owned transportation company in the U.S…. Continue Reading
2015 Will be Pivotal Period for Dealership Acquisitions
…— investment groups commonly known as Family Offices (TBR was the first to report on the possible entrance of Family Offices earlier this year. It appears the manufacturers’ appetite for at… Continue Reading
2015 NADA Report: Section 2 – Vendor Analysis
…subsidiary in that market. In other cases, incadea has acquired local companies instead of opening subsidiary offices in the local market. Look for DealerTrack to focus on a couple of… Continue Reading