Kerrigan Advisors’ Blue Sky Report for the second quarter shows merger and acquisition activity in the dealership sector improved on a year-over-year basis in the first half of 2025.

Kerrigan counts 220 completed transactions from January to June, 8% more than the year-ago period and 12 more than those tallied by The Presidio Group in an earlier report.

“For the trailing 12 months, there were 454 transactions, 104% higher than pre-pandemic averages and above last year’s record. Kerrigan Advisors predicts this elevated pace will continue for the remainder of the year, fueled by earnings growth and dealers’ access to capital,” the report states, in part.

Read the full report at Kerrigan Advisors