They have advised on the purchase or sale of more than 560 dealerships totaling $8.5 billion. The team at Haig Partners has represented 20 of the Top 150 dealership groups on the Automotive News Top 150 list, more than any other buy-sell advisory firm. Haig Partners LLC is the leading buy-sell advisor to owners of higher value retail dealerships. The Haig Report is based on data gathered from reputable public sources and interviews with leading dealer groups and dealers, bankers, lawyers, and accountants who specialize in auto retail. The Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, includes data and analysis on the performance of auto dealerships, discusses noteworthy events impacting the automotive retail industry, identifies trends in the M&A market for dealerships, provides guidance on estimated value ranges for different franchises, and shares an outlook for the automotive retail buy-sell market. These buyers like the returns on investment they can earn in auto retail and are bullish about the industry's future, and sellers of dealerships are enjoying unprecedented blue sky values for their stores," he continued.įor more findings from the Q4 2021 Haig Report, download it here. Public groups began aggressively buying dealerships, including large dealer groups, and many private dealers have also been in the hunt for more stores. "As dealership profits were lifting skyward, the demand for dealerships also began to ignite. Few would have predicted that a global Pandemic would have created these excellent conditions for dealers," shared Alan Haig, President of Haig Partners. "The auto retail industry has experienced an incredible series of events over the past 24 months. The near to mid-term outlook for dealerships appears bright, but threats are emerging. Average blue sky values rose an estimated 105% from the end of 2019 and are at record-high levels.Public equity valuations are 35% higher than they were before the Pandemic.Public company spending on US auto acquisitions was $9B+ in 2021, 11.6x higher than the 2015-2019 average.Over 640 dealerships traded hands in 2021, more than double the number that sold in 2019.
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