Automotive Retail

Overview

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.

Management

Jeff Lash

Managing Partner – Automotive Retail

Acquired Companies

New England Platform ( Prime Motor Group )

Pittsburgh Platform ( Kenny Ross Auto Group )

Texas ( Ron Carter Group )

Tri-State Platform

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