Dealership buy and sell
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Fowler/Sonic
BUYER: Fowler Auto Group
SELLER: Sonic Automotive
OLD NAMES: Momentum Chevrolet and Momentum Toyota, Tulsa, Okla.
NEW NAMES: Fowler Chevrolet of Tulsa and Fowler Toyota of Tulsa
MORE: Bill Scrivner of Pinnacle Mergers and Acquisitions was the adviser.
Battison/Sonic
BUYER: Battison Auto Group
SELLER: Sonic Automotive
OLD NAME: Momentum Honda Northwest, Oklahoma City
NEW NAME: Battison Honda
MORE: Bill Scrivner of Pinnacle Mergers and Acquisitions was the adviser.
Norton/Sonic
BUYER: Jim Norton Auto Group
SELLER: Sonic Automotive
OLD NAME: Momentum Chevrolet, Broken Arrow, Okla.
NEW NAME: Jim Norton Chevrolet
MORE: Bill Scrivner of Pinnacle Mergers and Acquisitions was the adviser.
Lithia/Connell
BUYER: Lithia Motors
SELLER: Diane Connell
NAME: Connell Chevrolet, Killeen, Texas
MORE: Bill Scrivner, Mike Sims and JB Douglas of Pinnacle Mergers and Acquisitions were the advisers.
Kelly/Group 1
BUYER: Kelly Automotive Group
SELLER: Group 1 Automotive
OLD NAME: Ira Nissan of Woburn, Woburn, Mass.
NEW NAME: Kelly Nissan of Woburn
MORE: Kelly operates Infiniti, Jeep-Chrysler, Volkswagen, Fiat, Honda and Nissan stores.
Hanania/Esserman
BUYER: Jack Hanania, Hanania Automotive Group
SELLER: Ron Esserman, Esserman Automotive Group
NAME: Miami Acura, Miami
MORE: The Hanania Group also owns Acura, Audi, Fiat, Hyundai, Mitsubishi and Volkswagen dealerships in Jacksonville, Fla.
Lee/Abel
BUYER: Lee & Associates, Newport Beach, Calif.
SELLER: Howard L. Abel Family Trust
NAME: Huntington Beach Ford, Huntington Beach, Calif.
MORE: The dealership was sold for $16.2 million.
