Ken Garff Automotive Group has sold Northwest Chrysler Dodge Jeep Ram in Houston to Keating Auto Group, said Kerrigan Advisors, which represented Ken Garff in the deal.

Keating Auto Group is based in Victoria, Texas, and has roughly 30 stores in the state. The Northwest CDJR store had been owned by Ken Garff since 2007. It is located in Northwest Houston.

“We were thrilled to have the opportunity to work with the Garff team again,” said Ryan Kerrigan, managing director of Kerrigan Advisors, in a news release. “This transaction was a classic example of the extraordinary buyer demand for domestic dealerships in high-growth markets.

“And, as evidenced by the level of interest we saw in this high-volume metro store, Texas is one of the hottest markets in the country,” Kerrigan said. “As they say, everything is bigger in Texas! We are proud to have found the right buyer for this dealership, one who understands the scope of this market and who will continue Northwest CDJR’s success.”

Ken Garff CEO Brett Hopkins said in the release: “Once we decided to selectively divest this CDJR dealership, we knew Kerrigan Advisors was the only team to represent us. We strive to work with the best service providers in the industry and have always valued our relationship with Kerrigan Advisors. True to form, they ran a sales process that was professional and efficient, resulting in an excellent financial outcome for all parties.”

The deal marks the 17th Texas franchise sold via Kerrigan Advisors in the last 12 months.

Founder and managing director Erin Kerrigan said: “I want to thank the Garff family for entrusting Kerrigan Advisors to serve as their exclusive sell-side advisor on this transaction.

“With an estimated 250+ new residents moving to Houston every day, the area has consistently ranked in the top five for population growth. Transactions like this continue to demonstrate that there is strong buyer demand for the fastest growing markets in the U.S., like Houston,” she said. “We are proud to have helped shepherd this transaction to such a successful outcome and congratulate Ben Keating and his team on a stellar addition to the Keating Auto Group.”