The franchised auto dealer industry is the largest retail business in the U.S. according to the National Automobile Dealers Association with over $1 trillion in annual revenue.1 While off the all time high of 17.6 million new vehicles sold in 2016, 2018 proved to be another strong year, with approximately 17.2 million vehicles sold.2
GPB Capital’s acquisition strategy is to focus on dealership assets located in attractive growth markets with a variety of brands that are backed by stable manufacturers with a demonstrated commitment to their U.S. automotive presence.
