Kerrigan Advisors Represents Asbury Automotive Group in Sale
Kerrigan Advisors advises Asbury Automotive in the sale of Larry H. Miller CDJR Riverdale to Young Automotive Group.
The sale of the dealership in Utah's second fastest-growing metro area highlights the demand for high-quality franchises in the Western US.
This transaction marks Kerrigan Advisors' 145th transaction in the region.
Asbury Automotive Group, one of the largest automotive retailers in the US, has been optimizing their brand portfolio mix as part of its corporate strategy.
Young Automotive Group, the buyer, operates dealerships in Utah, Idaho, and Montana, and ranks as the 119th largest dealership group in the US per Automotive News.
Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. in the sale.
Author's summary: Kerrigan Advisors advises on sale of Larry H. Miller CDJR Riverdale.
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