Edmark is one of the highest volume selling dealerships in Idaho for past three years

Irvine, CA, January 17, 2017 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Edmark Superstore, one of Idaho's highest volume selling dealerships, in its sale to Kendall Auto Group. The Edmark Superstore is co-owned by David Edmark and Jim Chalfant. Edmark Superstore’s franchises include Chevrolet, Cadillac, Buick, GMC and Kia. With this acquisition, Kendall Auto Group will now own 38 dealerships in Oregon, Alaska and Idaho.

“We are confident that Kendall will continue the standards of quality and customer service that has been a hallmark of Edmark’s business since its founding.” said David Edmark. “We are grateful to Kerrigan Advisors for identifying Kendall as the best buyer of our stores.”

“Kerrigan Advisors smoothly guided us to this very successful outcome, offering just the right combination of expertise, responsiveness and client service to shepherd the process to its optimal conclusion,” said Jim Chalfant. “We appreciated having Kerrigan Advisors by our side throughout the sale.”

Kerrigan Advisors, headed by Erin and Ryan Kerrigan, has now represented on the sale of 43 dealerships since July 2015, making it the most active sell-side advisor in the auto retail industry. The firm has also represented three of the top 100 dealership groups in the last 12 months.

“We are proud to have had a role in this successful transaction, which marks our 43rd dealership sale in the past 18 months,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. “Our job is not simply to enable the best possible financial transactions for our clients, but to identify a buyer who will carry on the legacy of our clients’ dealership business,” continued Ryan Kerrigan, Managing Director of Kerrigan Advisors. “The Edmark Superstore/Kendall Auto Group transaction is another example of the fulfillment of our core goals,” said Erin Kerrigan.

Kerrigan Advisors monitors conditions in the buy/sell market and publishes an in-depth analysis each quarter in The Blue Sky Report™ which includes Kerrigan Advisor’s signature blue sky charts, multiples and analysis for each franchise in the luxury and non-luxury segments. To download the report, click here. The company also releases monthly The Kerrigan Index composed of the seven publicly traded auto retail companies with operations focused on the US market. The Kerrigan Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail. To access The Kerrigan Index, click here.

Erin Kerrigan is Founder and Managing Director of Kerrigan Advisors, and is a recognized industry expert on dealership valuation, real estate and buy/sells. A sought after commentator on automotive retailing topics ranging from consumer auto buying trends to auto retail consolidation to private equity in auto retail, she has keynoted numerous automotive conferences and her analysis has appeared in publications such as Automotive News and the Wall Street Journal. For a recent video of Erin’s commentary on the market, click here.

Ryan Kerrigan is Managing Director of Kerrigan Advisors and an expert on US auto retail buy-sell transaction work. Ryan served as Managing Director at Serent Capital, a $250mm private equity fund investing in middle market companies. Prior, he served as General Manager of the family’s auto dealership. Mr. Kerrigan began his career as a management consultant at McKinsey & Company, where he advised Fortune 500 companies on growth strategies, organizational issues, pricing and business valuation.

About Kerrigan Advisors
Kerrigan Advisors is a national dealership buy/sell advisory firm focused on providing a high level of client service for dealership sellers. Led by a team of veteran advisors who have represented transactions totaling over $2.5 billion dollars in automotive, private equity and investment banking, Kerrigan Advisors customizes each sale process to maximize the seller’s transaction proceeds. With the most comprehensive buyer database in the industry, Kerrigan Advisors has the industry context and expertise to match each seller with the right buyer.

In addition to the monthly Kerrigan Auto Retail Index, each quarter, Kerrigan Advisors publishes The Blue Sky Report™, a Kerrigan Quarterly, which is the auto industry's most comprehensive and authoritative quarterly report and analysis of dealership buy/sell activity and franchise values. Kerrigan Advisors’ Managing Director Erin Kerrigan is a recognized industry expert on dealership valuation, real estate and buy/sells, and is a frequent speaker at leading auto retail events and conferences, including NADA, JD Power Automotive Roundtable, AICPA, NADC and Driving Sales’ President’s Club. She has also been a keynote speaker for events hosted by American Honda Motor Company, Audi of America, US Trust, Ohio Automobile Dealer Association, and SunTrust Bank and has led webinars for NADA and Automotive News. Her expertise is also featured in a monthly column for Dealer Magazine.

Kerrigan Advisors Media Contact:
Melanie Webber (melanie@mwebbcom.com), mWEBB Communications, 424.603.4340

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› See More: Kerrigan Advisors Represents Edmark Superstore in its Sale to Kendall Auto Group