Sussman Automotive Group, based in the Delaware Valley, sold four franchised dealerships to Rosenthal Automotive Organization on June 22, according to Bel Air Partners, a buy-sell advisory firm in Hopewell, N.J., which represented the seller in the transaction.
Sheldon Sandler, CEO of Bel Air Partners, told Automotive News that the sale consisted of dealerships in the northern Philadelphia region. The sale included: Marty Sussman Honda in Abington, Sussman Hyundai-Genesis in Willow Grove, Sussman Mazda in Willow Grove and Sussman Acura in Jenkintown, all in Pennsylvania.
The transaction also included a used-vehicle dealership, Sandler said.