Omega Advisors
Omega Advisors describes itself as a dealership buy-sell advisory built by dealers for dealers, with dealership and transaction experience, in-house legal and valuation expertise, and a focus on confidentiality. Its services page lists sell-side advising, buy-side advising and targeted acquisitions, plus valuations, strategic consulting and open-point advising.
Omega Advisors: Sell-Side Advising
Its buy-side page says it looks for dealerships that were never listed, and its site offers a confidential call and an AutoLens subscription.
| Product or service | Function |
|---|---|
| Sell-Side Advising | Representation for dealers selling a store. |
| Buy-Side Advising | Advice for dealers acquiring stores. |
| Targeted Acquisitions | Finding dealerships that are not on the market. |
| Dealership Valuations | Valuation services. |
| Strategic Consulting | Planning support. |
| Open-point Advising | Advice on open points. |
| AutoLens | A subscription offered on the site. |
Omega Advisors: product details
Omega Advisors is a dealership buy-sell advisory whose home page claims more than $500 million in transactions closed, activity in 20 states and over 120 years of combined automotive experience, and offers a subscription to a newsletter called AutoLens. Its team page names Gerrick Wilkins as chief executive and dealership buy-sell consultant and describes a team with backgrounds in dealership operations, manufacturer relationships, law, valuation, finance and technology.
The firm promises confidentiality until a client is ready. These are the firm's own figures and claims.
Its about page says the firm weighs timing, asking when to move, push, reconsider or wait. A principal considering a sale or purchase should ask how fees are structured, whether the advisor represents only one side, which brands and regions it has closed deals in and how in-house legal and valuation work is billed.
The home page promises a confidential call and says the firm brings together dealership and transaction experience with in-house legal and valuation expertise. Its AutoLens newsletter suggests it also publishes market commentary.
A seller should ask for a written scope that separates valuation, marketing the store, negotiation and closing, and for the fee at each stage.