Read more about the current Greenbook proposals. ...
This site uses cookies to ensure that we give you the best user experience. Cookies assist in navigation, analyzing traffic and in our marketing efforts as described in our Privacy Policy.
I read with interest an article in Automotive News, June 8, 2015 edition titled “Where Are the Deals?” Of particular interest were the following excerpts:
The reality that private equity funds would not overspend on dealerships should not be surprising. Private equity funds may have significant capital to invest, but they can be expected to invest wisely, often with the intent to turn profits on their equity investments more quickly than a traditional dealer might. Our experience with institutional buyers in our market is that they are in no rush to overpay, even slightly. We expect traditional acquisitions will continue to be the rule as opposed to the private equity buyer exception.
Likewise, it was interesting to read Erin Kerrigan’s comment in the same article, “Dealers haven’t worked for someone in many years, and they certainly don’t want to work for a private equity firm.” The definition of entrepreneur does not include a reference to “employee.”
Contact us with questions about investments in the industry and visit our blog for more of our articles.
Read more about the current Greenbook proposals. ...
Learn more about the regional and national supply chain implications of the Baltimore Key Bridge collapse. ...
We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.
Ask us
[email protected]
p:412.261.3644
f:412.261.4876
[email protected]
p:614.621.4060
f:614.621.4062
[email protected]
p:571.380.9003