Kerrigan Advisors Represents RRR Automotive Group in Sale to Group 1 Automotive
Retrieved on:
Tuesday, February 13, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Automotive, Consulting, Professional Services, General Automotive, Business, Group 1 Automotive, Toyota, Investment, Sale, GDP, Responsibility, PLLC, GPI, Kerrigan, Capital Plaza, Mid-Atlantic (United States), Kia, Environment, Cryptocurrency
Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automotive Group in the sale of its five new car dealerships, including the #1 and #2 volume Honda dealerships in the state of Maryland, to Houston, Texas-based Group 1 Automotive (NYSE: GPI).
Key Points:
- Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented College Park, Maryland-based RRR Automotive Group in the sale of its five new car dealerships, including the #1 and #2 volume Honda dealerships in the state of Maryland, to Houston, Texas-based Group 1 Automotive (NYSE: GPI).
- This transaction underscores Kerrigan Advisors’ industry-leading track record selling the most valuable auto retailers nationwide and marks the 50th franchise sale in the region completed by the firm since 2020.
- RRR Automotive Group, founded by Dick Patterson and Robert Hisaoka in the 1990s, is one of the most valuable import groups in the Mid-Atlantic.
- RRR Automotive Group has served its community for over 27 years through its guiding principles - Reliable, Responsible and Respectful.