Kerrigan Advisors Represents Gossett Motor Cars on the Sale of Four Kia and Hyundai Dealerships in Memphis, Tennessee to Lithia Motors
Transaction represents Kerrigan Advisors’ 32nd franchise sold in the South in the last four months, leading the industry Kerrigan Advisors represented Gossett Motor Cars, the largest privately owned dealership group in Memphis, Tennessee, in the sale of four Kia and Hyundai dealerships to Lithia Motors (NYSE: LAD). This transaction marks Kerrigan Advisers’ 32nd franchise sold in the South in the last four months, leading the industry in that region. The buyer, Lithia, is a Medford, Oregon-based automotive retailer ranked #123 on the 2026 Fortune 500 list, with $37.6 billion in revenue reported in 2025. This acquisition more than doubles Lithia’s presence in Memphis and marks the second time Kerrigan has represented a Memphis dealership group has been sold to LithIA.
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Transaction represents Kerrigan Advisors’ 32nd franchise sold in the South in the last four months, leading the industry
MEMPHIS, Tenn.--(BUSINESS WIRE)--#AutoRetail--Kerrigan Advisors is pleased to ... [7837 symbols]