US and Canadian investors are looking for opportunities in the UK’s automotive retail market and further acquisitions are expected to take place this year.
UK motor retail industry expert and dealmaker David Kendrick has joined into a partnership between UHY Hacker Young with Toronto-based DSMA (Dealer Solutions Mergers and Acquisitions) to help link UK dealer group owners looking to exit with a North American client base that is sitting on ‘a lot of cash and are looking to grow’.
DSMA has completed around 457 transactions since it started in Canada in 2012, before expanding into the US in 2018.
Login to continue reading
Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.
Spotlight on the customer
In this issue:
What consumers really want - trends and habits dealers must understand to provide the right buying experience
Barriers to EV purchase - many private motorists need extra help before they take the plunge
Delighting used car buyers - it's essential for retailers to offer tailored experiences and great value
Aftersales customer care - valuable interactions are vital as dealerships face fishing in a diminishing pool
A customer-first future - Steve Young, ICDP MD, gives AM an exclusive insight.
Read nowAuthor:
Tom Seymour
Freelance writer
Freelance writer for AM, Tom Seymour has been a specialist B2B journalist covering the automotive sector for over 14 years. He started his freelance career in 2015 and currently writes for a variety of automotive, business and technology publications.
Login to comment
Comments
No comments have been made yet.