The Riser family has sold its long-established Chrysler Dodge Jeep Ram FIAT dealership in Hot Springs, AR, to prominent local operators Chris Crain and Heath Campbell, according to Haig Partners, which brokered the sale.
For the Riser family, the transaction signals a carefully considered decision to divest a single store and focus on other priorities while preserving the dealership’s legacy under trusted new ownership. For Crain and Campbell, it is part of their continued expansion in the Arkansas market with a brand and location they know well.
With more than 30 years of service in the Hot Springs community, the Riser family has been known for its integrity and customer focus. According to the press release, there are no plans to sell any other dealerships at this time.
“The Riser name carries a legacy of excellence in Hot Springs, and we look forward to building upon that foundation,” Crain said.
“We’re excited to continue the tradition of outstanding service that the Riser family has established over the past three decades,” Campbell added.
The transaction was Haig Partners’ 175th dealership sale in the Southeast.
“We knew that if we were going to sell, John Davis and the team at Haig Partners was the clear choice to advise and navigate us through this process,” said Paul Riser in a statement. “They identified the right buyers in Chris Crain and Heath Campbell, individuals we’ve known and respected for years. We’re confident that the dealership will continue to thrive under their leadership.”
“This sale exemplifies how a well-structured transaction can benefit both parties and underscores the demand for dealerships with a strong franchise-to-market fit,” said Davis, managing director at Haig Partners. “The sale of Riser CDJR-F also serves as a testament to the fact that Stellantis remains a brand in which buyers and investors continue to see solid long-term value.”
The legal team for the Riser family included Trav Baxter and CPA Arnie Creekmore, while Price Gardner represented the buyers.
