logo
Haig Partners Serves as the Exclusive Advisor on the Sale of Tom Dinsdale Automotive to the Rydell Company

Haig Partners Serves as the Exclusive Advisor on the Sale of Tom Dinsdale Automotive to the Rydell Company

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jul 9, 2025--
Haig Partners LLC, the leading buy-sell advisory firm to auto and heavy truck dealers in the U.S., served as the exclusive sell-side advisor to Tom Dinsdale Automotive in the sale of its three dealerships to The Rydell Company. The dealerships included in this sale were Tom Dinsdale Chevrolet Cadillac GMC and Tom Dinsdale Hyundai in Grand Island, NE, and Tom Dinsdale Chrysler Dodge Jeep Ram ('CDJR') in Hastings, NE.
Founded in 2003 by Tom Dinsdale and his wife Kim, Tom Dinsdale Automotive grew over time to become one of Central Nebraska's most recognizable groups. The group's GM dealership, Tom Dinsdale Chevrolet Cadillac GMC, is particularly well known for its facility, which is one of the largest GM facilities in the world at over 70,000 ft 2 and its Cadillac franchise. This is the only Cadillac franchise between Omaha and Denver.
Tom Dinsdale Automotive became a beloved local brand through its many charitable endeavors and community involvement. The Dinsdale family, along with the Tom Dinsdale Automotive dealerships, have been highly charitable and supportive of the Grand Island and Hastings communities. The group directly supported more than 80 charities and were highly involved with the Nebraska State Fair, Hastings College, Grand Island Central Catholic, Hastings St. Cecelia and Heartland United Way. The group's high level of charitable involvement created strong local relationships and directly supported the Central Nebraska community in which most of Tom Dinsdale Automotive's customers work and live.
The sale of Tom Dinsdale Automotive represents the Dinsdale family's exit from automotive retail but the family will remain active in the community and State of Nebraska with other business interests. Also, Tom will never be too far away from his beloved Cornhusker football.
Tom Dinsdale, shared, 'It was not an easy decision to sell. But it made sense at this point for myself and my family to retire. I will forever be proud of the group I built and want to thank my teammates for their many years of dutiful service. I am very grateful to our long-time advisors and CPAs, James Anderson, and Matt Peppmuller of Forvis Mazars, for their advice and introduction to John Davis and the team at Haig Partners. My wife Kim and I knew in our first meeting that they were the perfect fit for us. John Davis, and his teammate Erik Haig, went the distance – visiting with us in person, carefully listening to our goals, and crafting a compelling marketing package for our company that helped attract an excellent buyer in The Rydell Company. I know my former employees and neighbors in Grand Island and Hastings are in excellent hands.'
With this acquisition, the Dinsdale dealerships will join The Rydell Company, a highly respected and rapidly expanding automotive retail organization with a rich history in the Midwest. Founded in the 1940s by Leonard Rydell in Minnesota, the Rydell Company later expanded under his son, Wes. It now operates over 80 dealerships across 17 states. The organization operates under a common philosophy, but not under common ownership. They strive to provide opportunities for their partners to acquire ownership of the dealership operations.
John Davis, Managing Director at Haig Partners, shared, 'It was a pleasure to assist Tom and Kim Dinsdale in the sale of their dealerships to The Rydell Company. The satisfying part of our role in a transaction is helping our clients achieve their goal. Tom and Kim had carefully built their empire in Grand Island and Hastings over the course of two decades, and we knew it was going to be critical to find a buyer that was going to take great care of their employees and honor their legacy of community and charitable involvement. When The Rydell Company expressed interest, I knew we had a serious, fair and reliable buyer at the table. They have a very experienced team and that has made this transaction a very smooth process.
The automotive buy-sell market continues to heat up as we head deeper into 2025. After a slow start to the year, buyers and sellers are getting off the sidelines, thanks to alleviated concern around tariffs. And although dealership profits have fallen from their peak, valuations remain high and many dealers are choosing to sell to capitalize on still-high dealership values.'
Stephen Dietrich, Sarah Seeding and Anna Ayar from Holland & Knight provided legal counsel to the seller and James Anderson and Matt Peppmuller from Forvis Mazars provided closing assistance and accounting services to the seller.
Haig Partners has advised on the sale of 28 dealerships so far in 2025. To learn more about the sale of Tom Dinsdale Automotive Group, or learn more about dealership market trends and values, contact John Davis at [email protected].
About Haig Partners
Haig Partners is a leading buy-sell advisory firm that helps owners of higher-value auto, truck, RV and motorsports dealerships maximize the value of their businesses when they are ready to sell. The team at Haig Partners has advised on the purchase or sale of more than 520 dealerships with a total value of over $10.5 billion. It has represented 30 dealership groups that qualify for the Top 150 Dealership Groups list published by Automotive News, more than any other firm. Clients of Haig Partners benefit from the group's collective experience as previous executives with leading companies such as Ally Financial, AutoNation, Bank of America, Credit Suisse, Deloitte, FORVIS, J.P. Morgan, the Sewell Automotive Companies and Toyota Financial Services. Leveraging its unmatched expertise and extensive relationships, Haig Partners guides clients to successful outcomes through a confidential and customized sales process. The firm authors The Haig Report ®, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, and co-authors NADA's Guide, 'Buying and Selling a Dealership.' Haig Partners team members are frequent speakers at industry conferences and are regularly quoted in reputable media outlets, including Reuters, Forbes, The Wall Street Journal, The New York Times, CNBC, BBC, Automotive News, Wards, CarDealershipGuy and CBT News. For more information, visit www.haigpartners.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250709787258/en/
CONTACT: Transaction Contact:
John Davis, Managing Director
Haig Partners
[email protected]
(404) 406-7110 Media Contact:
Aimee Allen, Chief Growth Officer
Haig Partners
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA NEBRASKA
INDUSTRY KEYWORD: FINANCE AUTOMOTIVE GENERAL AUTOMOTIVE CONSULTING SPECIALTY PROFESSIONAL SERVICES OTHER AUTOMOTIVE RETAIL ASSET MANAGEMENT
SOURCE: Haig Partners LLC
Copyright Business Wire 2025.
PUB: 07/09/2025 11:30 AM/DISC: 07/09/2025 11:30 AM
http://www.businesswire.com/news/home/20250709787258/en
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Earn $1,000 a Month With E-Commerce Side Hustles and Work Toward Millionaire Status
Earn $1,000 a Month With E-Commerce Side Hustles and Work Toward Millionaire Status

Yahoo

time3 minutes ago

  • Yahoo

Earn $1,000 a Month With E-Commerce Side Hustles and Work Toward Millionaire Status

In uncertain economic times, it's hard to imagine anyone couldn't use an extra $12,000 a year — and more than one in ten side hustlers who pursued a specific niche have made that dream a reality. Get Paid To Watch Videos: Read More: A new study from e-commerce marketing platform Omnisend found that 12% of e-commerce side hustlers are pulling in $1,000 per month from their gigs alone — and a substantial plurality did it with just three-figure startup investments and single-digit hourly commitments per week. You Have To Put in the Hours — But Not Too Many The study, which surveyed 1,000 Americans with side gigs, found that 46% of e-commerce solopreneurs who earn four figures monthly spend just five to ten hours making their efforts pay. Another 25% contribute 11 to 20 hours. 'The fact that almost half of side hustlers are only dedicating five to ten hours a week shows how much can be achieved with the right focus,' said Marty Bauer, e-commerce expert at Omnisend. 'It's proof of how streamlined solutions like dropshipping and print-on-demand have become. You can launch and grow a store without sacrificing your full-time job or family life, but that also means you need to prioritize and be strategic about what you focus on.' Learn More: Success Takes Time, But Just a Few Months, in Many Cases One in three of the success stories has been at it for only between six months and a year. Another 21% have been plugging away for two to five years, and 29% have put in more than five years. 'The longevity of some of these stores is surprising,' said Bauer. 'It really highlights how many people are finding success on their own terms, even if it doesn't happen overnight. Consistency and a focus on organic growth channels seem to be key here. It's not a get-rich-quick scheme, but rather a way for people to turn a hobby or side interest into something more sustainable.' Profit Doesn't Have To Be Cost-Prohibitive One in three launched their business with an investment of just $500 to $1,000. For 46% of e-commerce side hustlers, the most significant cost was transportation. Equipment and supplies consumed the lion's share of expenditures for another 36%. At 29%, marketing finished third. 'Keeping expenses lean from the start lets side hustlers reinvest profit back into growth,' said Bauer. 'They're smart about what's essential and what's not, prioritizing what really matters to customers, like reliable shipping and quality materials. Success most often comes from consistency.' Good Advertising Isn't Always Expensive Advertising It might be surprising that advertising wasn't a top expense for fledgling operations trying to build name recognition — but not for Bauer. 'What they're doing makes a lot of sense,' he said. 'Building your own audience through channels you control is much more sustainable than relying on paid advertising. Retaining customers tends to be cheaper and more reliable than acquiring new ones, and when used well, tools like social media and email can make a significant difference.' The study found that 57% rely on owned social media to drive traffic, and 25% use digital ads. The old-fashioned way worked for 43%, who landed sales through word-of-mouth advertising. Exactly half relied on online marketplaces like Amazon, and e-mail marketing did the heavy lifting for another 32%. Dedicating Time is One Thing — Managing It Is Another Their biggest challenge of all was time management, which 53% struggled with — and any entrepreneur can understand why. 'It's not easy to juggle everything when you're doing it all yourself,' said Bauer. 'Prioritization becomes crucial. If you can focus on the channels and strategies that actually work, you can stretch your resources further.' More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 5 Types of Cars Retirees Should Stay Away From Buying 6 Hybrid Vehicles To Stay Away From in Retirement This article originally appeared on Earn $1,000 a Month With E-Commerce Side Hustles and Work Toward Millionaire Status

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store