Article by Farid Ahmad, Founder and CEO AS FEATURED IN AUTOMOTIVE NEWS For many dealers, figuring out whether or not to sell their dealerships is one of the most important decisions they’ll ever make. What factors should they consider? Is it still a good time to sell? And what value does an adviser bring to […]
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We engaged in a discussion with Kyle Chase, Vice President of the Prairies and Partner at DSMA, to gain a comprehensive understanding of the current state of rural dealerships. Kyle shared valuable insights on the unique advantages and opportunities these dealerships offer. From strong community ties to less competition and lower operating costs, there are […]
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One year ago, Eric Levitt and I made the move from running our own dealership operations to venturing into the world of automotive mergers and acquisitions. Entering the M&A space was an unknown territory for us and knew we were stepping into uncharted waters, unsure of what to expect. Now, having completed my first 12 months in […]
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Life after selling a dealership can be a notable change, as it often marks the end of a long and successful career in the automotive industry. I know countless dealers, my father being one of them, who could never imagine what their lives would be like if they weren’t car dealers. In some ways, it […]
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Spring is Prime Time for Dealership Valuations. Here’s Why. Maxime Théorêt, Managing Partner at DSMA Spring generally coincides with the time of year when many motor vehicle dealerships complete their financial year. According to Maxime Théorêt, Managing Partner at DSMA, it is also the ideal time of year to take stock of the company. In […]
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In our initial discussion on Why We Sold Our Dealerships I explained some of our fears entering the market. Fears that made us rethink our strategy within the industry. The majority of the reasons were industry or OEM (Original Equipment Manufacturer) related when it came to the dealership we discussed. But Mike Naughton Ford is a […]
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Eric and I grew up in the automotive dealership industry. I watched my father, Mike Naughton, steward Mike Naughton Ford in Denver, Colorado for more than 47 years. My grandfather was John B. Naughton Sr., Vice President of Ford Motor Company. Yeah, right up there working alongside Lee A. Iacocca. And it didn’t end there. […]
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One aspect of selling a dealership that few people discuss is the emotional impact the decision can have on dealer principals, their employees and families. Because of confidentiality reasons, many dealers don’t have anyone to talk to about the emotions they are experiencing. At DSMA, we understand ALL aspects of the sale: business, financial and […]
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FILTERING OUT THE NOISE SO YOU CAN FOCUS ON REALITY. Whether you are thinking about buying or selling a dealership, chances are you’ve heard it is a hot market. Brokers are calling dealers, talking about record-breaking transactions, promising high multiples and getting listings. Just about every auto group is actively looking to acquire. While valuations and […]
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8 Adjustments to consider when buying or selling a car dealership. As North America’s leading automotive M&A firm, DSMA has worked on hundreds of transactions totaling Billions in transaction value, providing our team with a superior understanding of how dealership acquisitions are structured. Over the last decade, we have completed over 1,000 detailed dealership valuations. […]
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