SEASON 1 | EPISODE 7
Today’s episode of Transactions starts with some holiday cheer and jumps quickly to the frenzy of M&A activity happening at the close of the year.
“It’s the unknown,” Dave Cantin says, that’s driving the rush to close. We all know factors are favorable in 2021 — from laws and taxes, to interest rates and dealership profits — but nobody knows exactly how things will change in 2022.
“If there’s ever been a time to grow, the time is now.”
– Dave Cantin
Dave and Derek go on to discuss how historic consumer demand continues to snowball into high dealership valuations and increased M&A activity. Plus, Dave explains his predictions that 2022 will be even busier than 2021, especially from the end of Q1 through Q3.
- Dave gives us a round-up of several major acquisitions that closed during 10 days in early December.
- Dave and Derek discuss — How high can valuations continue to grow? How long can companies wait before buying or selling? What is the risk of waiting too long?
- We get a look at the processes companies use after acquiring multiple dealerships, to streamline the transition to their business model.
Derek D is an actor, comedian, and host with 15 years of experience in the entertainment industry. Before becoming a host on the DNT podcast, Derek was well known in the automotive industry for hosting the award-winning car news show Fast Lane Daily.
| Dealer News Today is a DCG Media Production
Dealer News Today Podcasts
The award-winning Dealer News Today podcasts focus on automotive dealer news with insights into the future of the industry. The Dealer News Today automotive podcast is created by and for auto dealers and the professionals that support them. All of our focus is on providing content on the cutting edge of the automotive industry that dealers need today and the insights required to be prepared for tomorrow.
Have something to add? Dealer News Today actively seeks thought leadership content that contributes to our goal of creating insights for the future of the automotive industry. Read our requirements for joining our team, or contact a member of our editorial staff today to learn more!