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.
Sale of dealership in Utah’s second fastest-growing metro area underscores demand for high-quality franchises in the Western US and is Kerrigan Advisors’ 145th transaction in the region.
Young Automotive Group operates dealerships in Utah, Idaho, and Montana, and ranks as the 119th largest dealership group in the US per Automotive News.
Asbury, one of the largest automotive retailers in the US, has been strategically optimizing their brand portfolio mix as part of its corporate strategy.
Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. (“Asbury”) (NYSE: ABG) in the sale.
Author's summary: Kerrigan Advisors represents Asbury Automotive Group.