I’ve had many conversations in the past 30 days with potential first-time buyers around rural acquisition opportunities and I thought this would be a great topic for discussion.  I completely understand that most first-time buyers aspire to purchase that great profitable brand in a major market. Unfortunately, that is not always feasible, in fact, I’dRead more

Current climate Current reports show that M&A activity in North America for the first six months of 2020 across all industries is down significantly compared to the past few years. In fact, numbers are as low as during the Great Recession in 2009. However, for the auto dealership market, the data is very interesting, andRead more

For those of you who may not know Steve Germain, his family, and the hugely successful Germain Automotive Group, I would like the opportunity to introduce them in this article. Family Succession is by far the most difficult aspect, not just in the automobile business, but in any family business.  When succession reaches the fourthRead more