Best Practices for a Successful Buy/Sell Transaction

Track: Business Essentials & Innovations

Friday, January 27, 10:30 - 11:30 AM

Room: D168

Presenters: Erin Kerrigan, Stephen Dietrich

Gain best practices for buying or selling dealerships in today's active market, including how to analyze blue-sky values in 2023. Learn the dos and don'ts of a successful transaction, and come away with detailed checklists to prepare for a buy/sell. Learn about important transaction terms, effective due diligence, the OEM approval process, transaction timeline expectations, closing preparation and post-sale expectations.

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Erin Kerrigan
Presenter

Erin Kerrigan

Kerrigan Advisors

Founder & Managing Director

Erin Kerrigan is the founder and managing director of Kerrigan Advisors, a leading sell-side advisor and thought partner to auto dealerships nationwide. In the last five years, Kerrigan and her team have sold 115 dealerships, including seven of the top 150 dealership groups, representing over $2 billion in client sale proceeds for blue sky and real estate. Beyond sell-side advisory services, Kerrigan's company provides capital-raising and strategic consulting services to growing dealership groups. She also writes the buy-sell and franchise valuation publication The Blue Sky Report.

Stephen Dietrich
Presenter

Stephen Dietrich

Holland & Knight, LLP

Partner

Stephen Dietrich focuses his practice on retail automobile, motorcycle, heavy truck, and other vehicle or industrial equipment dealers in the acquisition or disposition of business operations. This includes manufacturer matters, real estate, financing and dealer licensing. He has been involved in the purchase or sale of over 300 retail vehicle dealerships. Dietrich represents corporations, individuals and other entities with mergers and acquisitions, debt and equity financing, and restructuring transactions. He works with various financial sponsors and investors looking to enter the retail automotive/heavy-truck industry regarding manufacturing matters, joint-venture structuring and ongoing operational oversight.