…acquisitions. A close second is the RFJ Companies, founded by Rick Ford, which has added nearly 30 dealerships since mid-2013. (See McLarty Automotive Buys Stores, Has Investment from Family Offices)…. Continue Reading
TBR 2017 Report on Dealership Buy-Sell Activity Summary
…use of the right of first refusal to manage their retail networks. TBR also was the first to report on the entrance of family offices and other private equity interests… Continue Reading
What’s Next for Retiring AutoNation President Mike Maroone?
…began at his family’s Ford dealership in upstate New York before becoming the general manager of the family’s first dealership in Florida in 1977. Over the next 20 years, Maroone… Continue Reading
Larry Miller Expands into California
The Larry H. Miller Family of Companies makes its first acquisition in California buying Quality Toyota from Bud Gordon in Corona. The new name of the store will be Larry… Continue Reading
Irma Elder, a Tough Dealer, Passes Away
…Her story is one of the more remarkable tales in the industry. Imagine a young girl, speaking only a few words of English, migrating with her Syrian family from Xicotencatl, Mexico… Continue Reading
2015 NADA Report Section 3: Vendor Analysis
…CRM, AutoPilot, and ELEAD Loyalty App Full Integration with All Major DMS Systems 2015 Outlook ELead1One is a family owned business, but it has reached a level where it’s… Continue Reading
2018 a Record Year for Auto Retail Vendor M&A Activity
…liability. Other investors in the latest round include Rick Wagoner (former head of General Motors); Softbank Capital; DataPoint Capital and American Family Ventures. Tenaya Capital/Wrench Type: Investment Terms: $12 million… Continue Reading
