The Sandy, Utah, retailer ranked No. 8 on Automotive News' list of the top 150 dealership groups based in the U.S., and its stores often landed on Automotive News' Best Dealerships To Work For list.
But the Millers' company went well beyond dealerships. Family businesses over the years included the NBA's Utah Jazz, a minor league baseball team, movie theaters, real estate ventures, automobile lending and other companies. The Larry H. Miller Education Foundation and the Larry H. and Gail Miller Family Foundation oversee the family's philanthropic endeavors.
In December, Larry H. Miller Group of Cos. sold a majority stake in the Utah Jazz and the team's arena to entrepreneur Ryan Smith, co-founder of software company Qualtrics, and his wife, Ashley.
The family thought it was "the right time" to sell the team after 35 years, following "much soul searching, lengthy discussions and extensive evaluations of our long-term goals," Gail Miller said in a statement last year.
In January, Larry H. Miller Group of Cos. said it had entered the health care industry with the purchase of Advanced Health Care Corp., a company in several Western states that offers short-term nursing and inpatient rehab care, plus home health and hospice services.
That same month, the company launched an independent insurance agency to provide auto, home, life and business insurance.
The Larry H. Miller Dealerships name will remain on the stores and was negotiated as part of the deal, Starks told the Deseret News, adding that Asbury "saw so much value in the name and brand that's been established over four decades."
"That was important for them and something that we were proud to see continued," he told the newspaper.
Larry H. Miller's No. 8 ranking for 2020 was based on retail sales of 61,097 new vehicles last year. The group also sold 50,751 used vehicles in 2020. Those, plus fleet and wholesale vehicles, pushed its overall sales total to 160,898 in 2020.