The franchised auto dealer industry is the largest retail business in the U.S. according to the National Automobile Dealers Association and historically has performed well in both challenging and favorable economic environments.1 2016 proved to be a record year for average dealership revenues, average dealership gross profit, and average dealership pre-tax profit. U.S. unit sales approached a record 17.5 million in 2016.2 GPB Capital’s acquisition strategy is to focus on brand and geographically diverse dealership assets located in attractive growth markets that are backed by stable manufacturers with a demonstrated commitment to their U.S. automotive presence.
Overview
Management
David Rosenberg
CEO & President – Automotive Retail
Acquired Companies
New England Platform (Prime Motor Group)
Pittsburgh Platform (Kenny Ross Auto Group)
Texas (Ron Carter Group)
New York City Tri-State Area Platform
Upstate New York Platform
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