Dennis & Co. Auto Group of Pearl River, N.Y., expanded twice over two weeks in August with purchases of Zappone Chrysler-Jeep-Dodge-Ram in Clifton Park, N.Y., and Infiniti of Coral Gables in Florida, its first store in the southern state.
The New York deal closed Aug. 2 and the store's name changed to Chrysler-Dodge-Jeep-Ram of Clifton Park.
The seller, James Zappone, previously had been under contract to sell that dealership to auto retailer LMP Automotive Holdings Inc., a company now headed for dissolution.
LMP Automotive couldn't get the financing to pay for the store and the deal was terminated this year. That deal collapse ultimately allowed Dennis & Co. to proceed with its purchase.