Dealership consolidation is accelerating

In 2018, 98% of owners held 10 or fewer rooftops. By 2024, that share slipped to 96.5%—a small percentage change, but a big signal in a trillion-dollar industry.

At the same time, the number of dealerships is growing. Since 2020, the U.S. has added 334 rooftops, bringing the total to nearly 17,000.

More rooftops. Fewer owners. Bigger groups getting bigger.

This is what consolidation looks like in real time.

Colonnade Advisors helps owners and investors understand how these shifts impact M&A valuations. Contact us to discuss your options.