Categories: Automobile

Karl Malone Auto Group and Jerry Seiner Dealerships amongst dealership consumers in Idaho, Utah, Nevada, Connecticut and Georgia

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Jerry Seiner Dealerships enters Las Vegas market

Jerry Seiner Dealerships of Salt Lake Metropolis entered the Las Vegas market and its third state with the acquisition of two dealerships from Earnhardt Auto Facilities this week.

Jerry Seiner on Monday purchased Earnhardt Buick-GMC Las Vegas and Earnhardt Mazda Las Vegas, including Mazda to its model portfolio. The dealerships have been renamed Jerry Seiner Buick-GMC and Jerry Seiner Mazda.

“The sale of those shops was not a simple choice for our household, nevertheless it was the fitting one as we improve our give attention to our extremely profitable core group of shops in Arizona,” Dodge Earnhardt of Earnhardt Auto stated in a press release.

Earnhardt, of Chandler, Ariz., ranked No. 23 on Automotive Information‘ most up-to-date listing of the highest 150 dealership teams primarily based within the U.S., retailing 28,888 new automobiles in 2020.

Jerry Seiner has had dealerships in Utah for greater than 40 years and entered Arizona about two years in the past.

“We’re thrilled to introduce the Seiner model and our dedication to excellence to the Las Vegas space and surrounding communities,” Chris Hemmersmeier, proprietor and CEO of Jerry Seiner Dealerships, stated in a statement on its website.

Kerrigan Advisors, an Irvine, Calif., sell-side agency, represented Earnhardt Auto Centers in the transaction.

Monaco siblings add second dealership

The Monaco household on Oct. 25 purchased Crest Ford in Niantic, Conn., from sellers Richard Fitzpatrick and Jim Leva.

The dealership was renamed Monaco Ford of Niantic.

In a Nov. 22 Fb publish, Monaco Ford stated it had bought Crest Ford and that it was co-owned by siblings Chrissy and Mike Monaco.

“We wished to purchase this retailer as a result of it would present us the chance to broaden our attain all through Connecticut,” Chrissy Monaco stated in an e-mail to Automotive Information. “We felt the proximity to our retailer in Glastonbury was simply the fitting distance to not fully overlap and offers us the attain to offer gross sales, service and elements to the vast majority of the state.”

The siblings additionally personal Monaco Ford in Glastonbury, about 35 miles from Niantic.

Gordon Wisbach Jr. of GW Advertising and marketing Providers in Newton Centre, Mass., dealt with the transaction for the sellers.

Miller and Thigpen add dealership

Anthony Miller and Paul Thigpen in December added one other dealership of their partnership when the duo purchased a Ford dealership in Waynesboro, Ga., based on The True Citizen newspaper.

Miller and Thigpen of Paul Thigpen Automotive Group on Dec. 15 took over as house owners of William Mizell Ford from William Mizell, the newspaper reported.

The dealership was renamed Paul Thigpen Ford of Waynesboro. Waynesboro is south of Augusta, Ga.
On Aug. 31, Miller and Thigpen purchased Jackson Chevrolet-Buick-GMC in LaFayette, Ga. Miller beforehand informed Automotive Information that he and Thigpen additionally personal Paul Thigpen Ford-Lincoln in Vidalia, Ga., and Thigpen owns a Chevrolet-Buick-GMC retailer in Vidalia.

Haig Companions, a buy-sell agency in Fort Lauderdale, Fla., represented the vendor within the sale.

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