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cliff banks Archives - Dealer eProcess

The Banks Report The Banks Report

HGGC Continues Investment in Automotive Retail

Steve Young, HGGC Co-founder August 3, 2015 — HGGC, co-founded by former San Francisco 49ers and NFL Hall of Fame quarterback Steve Young, has a portfolio of 19 investments, including two in the automotive retail space. Following up on its investment in Auto Alert in April 2014, HGGC announced its…
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August 7, 2015
The Banks Report

2015 Mid-Year Dealership Buy-Sell Report

July 5, 2015 — Through June, dealership buy-sells continues to be vibrant and is on a record pace fueled by a strong May and June coupled with Berkshire Hathaway’s purchase of the Van Tuyl Group in March. Meanwhile, automakers continue to leverage the Right of First Refusal to scuttle deals.…
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July 7, 2015
Auto Dealer News & InformationThe Banks Report

May 2015 Dealership Buy-Sells Report

June 7, 2015 — May was a monster month for dealership acquisitions setting a monthly record for number of transactions since January 2013. Notable deals included Group 1 Automotive, Lithia Motors, Bill Jacobs, Tom Durant and Euro Motor Cars, Victory Automotive and AutoNation. At least 33 transactions accounted for 41 dealerships changing…
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June 8, 2015