DEALERSHIP BUY/SELL

This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media.

Dealership Buy/Sell

This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media. Click on column headers to sort by field. » Go to our dealership buy-sell articles

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Transaction Date Sort ascending Title Sort ascending Buyer Sort ascending Seller Sort ascending Dealership Name Sort ascending Dealership New Name Sort ascending Dealership Old Name Sort ascending More Sort ascending
09/09/2021 Jenkins/Lamb Jenkins Auto Group Steve Lamb and Jewel Lamb of Crystal Automotive and Motorcycle Group Jenkins Ford-Lincoln of Crystal River Crystal Ford-Lincoln in Crystal River, Fla. 
09/01/2021 Ken Garff/Earnhardt Ken Garff Automotive Group Earnhardt Auto Centers Ken Garff Hyundai Surprise Rodeo Hyundai in Surprise, Ariz.

This is Ken Garff’s second dealership in Arizona. Kerrigan Advisors represented the seller in the transaction. Ken Garff also bought Earnhardt Kia in Phoenix on Aug. 9 from Earnhardt Auto Centers.

08/31/2021 Jenkins/Lamb Jenkins Auto Group Steve Lamb and Jewel Lamb of Crystal Automotive and Motorcycle Group Jenkins Chevrolet of Homosassa and Jenkins Chrysler-Dodge-Jeep-Ram of Homosassa Crystal Chevrolet and Crystal Chrysler-Dodge-Jeep-Ram in Homosassa, Fla.
08/31/2021 Mills/Tysinger Mills Automotive Group Tysinger Motor Co., owned by Mark Tysinger Classic Hampton Auto Mall Mercedes-Benz of Hampton, Audi Hampton and Tysinger Hyundai-Genesis, all in Hampton, Va.

The deal also includes a Mercedes-Benz Sprinter commercial van outlet. Presidio Group represented Tysinger in the transaction. 

08/30/2021 Sonic/Boardwalk Sonic Automotive Inc. Boardwalk Auto Group Audi Glenwood Springs and Glenwood Springs Volkswagen in Colorado

With the acquisition, Sonic has seven Audi franchises and four Volkswagen franchises in its portfolio.

08/26/2021 Razick/Miller Abraham Razick Jim Miller Fullerton Ford Orange County McCoy & Mills Ford in Fullerton, Calif.

Razick is the sole owner of the Ford dealership. Razick also owns Hyundai of Yuma and Kia of Yuma, in Arizona, with partner Adli Kakish.

08/23/2021 Ken Garff/Abernathy, Hudler Ken Garff Automotive Group Bob Abernathy and Donald Hudler Big Star Cadillac, Big Star Hyundai Ron Carter Cadillac, Ron Carter Hyundai in Friendswood, Texas

Tony Karabon of DCG Acquisitions, a Dave Cantin Group company, brokered the transaction.

08/23/2021 Lithia/Piercey, Chadwell Lithia Motors Bill Piercey and Tom Chadwell Honda of Fontana Rock Honda in Fontana, Calif.

Bill Scrivner of Pinnacle Mergers & Acquisitions in Frisco, Texas, represented Lithia in the transaction.

08/18/2021 Island Auto/Manfredi Island Auto Group Manfredi family Island Chevrolet Manfredi Chevrolet in Staten Island, N.Y.

This is Island Auto Group’s first Chevrolet dealership. No brokers were used in the transaction.

08/17/2021 Hamze/Hometown Bilal Hamze Hometown Auto Group, owned by William Stokes Huff Impex Chevrolet-Buick-GMC Hometown Chevrolet-Buick GMC in Reidsville, N.C.

This is Hamze’s first franchised dealership. He also owns two used-vehicle dealerships.

08/17/2021 Morgan/Fuccillo Morgan Auto Group Fuccillo Automotive Group Nissan of Clearwater Fuccillo Nissan of Clearwater in Florida

Kerrigan Advisors represented the seller in the transaction.

08/16/2021 Gilchrist/Montgomery Gilchrist Automotive Doug Montgomery and Sherri Montgomery Triple Crown Ford-Lincoln Texstar Ford-Lincoln in Stephenville, Texas

This is Gilchrist’s third Ford dealership and first Lincoln outlet and the group now has 12 dealerships. No broker was used in the transaction.  

08/16/2021 Halvorson/Matt Scott Halvorson Louis Matt and Matt family Halvorson Ford Matt Ford in Buckner, Mo.

Tim Wild of Tim Lamb Group represented the seller in the transaction. 

08/12/2021 Wood Motor/McGown Wood Motor Co., owned by Chip Johnson Kevin McGown Wood Nissan of Lee’s Summit Prestige Nissan Kansas City in Lee’s Summit, Mo.

Jody Henderson of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction.

08/11/2021 Jim Schmidt/Grothouse Jim Schmidt Automotive Grothouse family Jim Schmidt Chevrolet-Buick of Delphos Delpha Chevrolet-Buick in Delphos, Ohio

This is Jim Schmidt Automotive’s third dealership.

08/10/2021 Castle/Connors Castle Automotive Group Connors family Castle Chrysler-Dodge-Jeep-Ram, Castle Buick Connors Chrysler-Dodge-Jeep-Ram, Connors Buick in Chesterton, Ind.

This is Castle Automotive’s first Chrysler-Dodge-Jeep-Ram dealership. The group now has eight dealerships across suburban Chicago and Northwest Indiana.

08/09/2021 Garff/Earnhardt Ken Garff Automotive Group Earnhardt Auto Centers Ken Garff Kia Earnhardt Kia in Phoenix

This is Ken Garff Automotive’s first Kia franchise and first dealership in Arizona. Kerrigan Advisors represented Earnhardt Auto Centers in the sale.

08/09/2021 Lithia/Malek Lithia Motors Zohreh Malek Kia of Frisco in Texas

Lithia did not use a broker. 

08/09/2021 Asbury/Yoder Asbury Automotive Group Warren Yoder Mike Shaw Subaru Greeley Greeley Subaru in Colorado

This is Asbury’s second Subaru dealership and third Colorado dealership. Jody Henderson of Dealer Solutions Mergers and Acquisitions handled the transaction.

08/02/2021 Schomp/Lenckosz Schomp Automotive Group Chris Lenckosz Schomp Nissan Empire Littleton Nissan in Littleton, Colo.

This is Schomp Automotive’s first Nissan dealership. National Business Brokers represented Schomp in the transaction.

07/30/2021 LaFontaine/Signature LaFontaine Automotive Group Signature Auto Group, owned by Joe Falzon LaFontaine Lincoln Signature Lincoln in Owosso, Mich.

This is LaFontaine’s first Lincoln outlet. The store has temporarily moved to its Ford of Flushing store in Michigan while it builds a standalone store at a new location in Genesee County, Mich. LaFontaine worked with broker Performance Brokerage Services in the transaction. 

07/29/2021 Foundation Automotive, Letis/Baca Foundation Automotive Corp., Josh Letis Jeff Baca Foundation Hyundai of Boulder Boulder Hyundai in Colorado

This is Foundation’s second Hyundai dealership and 18th store in the U.S. Josh Letis, managing partner of Foundation’s Medved Autoplex — which includes Cadillac, Chevrolet and Kia stores in Wheat Ridge, Colo., as well as Foundation Hyundai in Westminster, Colo. — will also be managing partner of the Boulder location.

07/28/2021 Tovstanovsky/Junge Alex Tovstanovsky Junge Automotive Group, owned by Jason Junge and Gary Junge Sky Automall Junge Center Point, a Ford-Chrysler-Dodge-Jeep-Ram store in Center Point, Iowa

Tovstanovsky and his family own a used-vehicle business, Prestige Motor Works, in Naperville, Ill. Arenson Law Group in Cedar Rapids, Iowa, represented the seller in the transaction, while Chicago lawyer Ira Levin represented the buyer. 

07/27/2021 Carlson/Baker John and Bridget Carlson Fred Baker Carlson Chevrolet Baker Chevrolet in Red Springs, N.C.

This is the Carlsons’ first dealership. Performance Brokerage Services brokered the transaction.

07/27/2021 Chertok, Boguslavskiy/Berg Yan Chertok and Arthur Boguslavskiy of Dunhill Auto Group Jimmy Berg Sunrise Chevrolet in Forest Hills, N.Y.

This is Yan Chertok and Arthur Boguslavskiy’s second franchised dealership. Rob Lee of Tim Lamb Group brokered the transaction.

07/26/2021 Zeigler/Home Run Zeigler Auto Group Home Run Auto Group, owned by Jim Bozich and Mark Geiger Zeigler Honda of Racine, Zeigler Toyota of Racine, Zeigler Hyundai of Racine and Zeigler Subaru of Kenosha Racine Honda, Racine Toyota and Racine Hyundai, all in Mount Pleasant, Wis., and Kenosha Subaru in Wisconsin

This marks the first stores in Wisconsin for Zeigler and also its first Toyota and Hyundai dealerships.

07/26/2021 Ed Morse Automotive/Donaghe Ed Morse Automotive Group Chance Donaghe Donaghe Buick-GMC, Donaghe Ford in Greenville, Texas

With this acquisition, Ed Morse Automotive now has each of the Detroit 3 automakers represented in Texas.

07/26/2021 Sonic/Bubar Sonic Automotive Ron Bubar Grand Junction Subaru, Grand Junction Volkswagen in Colorado

This was Sonic’s first franchised dealership acquisition since November 2014. The Subaru dealership marks a return to the Japanese brand for Sonic, which last owned a Subaru dealership in 2019. Sonic now has three Volkswagen dealerships. Bubar is retiring, according to Kerrigan Advisors, which represented him in the transaction.

07/20/2021 Adel Dealerco/Kelley Adel Dealerco Jerry Kelley Advantage GMC of Adel Jerry Kelley GMC in Adel, Ga.

This is Adel Dealerco’s first dealership acquisition. Its majority owner is Orlando Rentco, and minority owners are Mark Zurales and Sandy Miller, former CEO of Budget Group Inc. Orlando Rentco owns Advantage Rent a Car. Bill Fields of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction.

07/12/2021 Lithia/Koby Lithia Motors Roger Koby Subaru of Mobile Koby Subaru in Mobile, Ala.

This store is Lithia’s first in Alabama. Haig Partners represented the seller in the transaction.

07/12/2021 Skyway/Steinke Skyway Auto Group, owned by Phillip Pulley Hal Steinke Skyway Honda Honda of Bartlesville in Oklahoma

Ozog Consulting Group represented the seller in the transaction.

07/08/2021 Hoffer, Johnson/Dunham Brad Hoffer and Josh Johnson Patsy Dunham Angola Chrysler-Dodge-Jeep-Ram Dunham Motor Sales in Angola, Ind.

Johnson is the store’s finance manager, and this is Hoffer’s first dealership purchase. Tim Wild of Tim Lamb Group represented the buyer in the transaction.

07/08/2021 Sobel/Miller Jonathan Sobel Jerry Miller of MMCO Auto Audi West Chester in West Chester, Pa., Audi Wynnewood in Wynnewood, Pa., and Porsche Conshohocken in Conshohocken, Pa.

The transaction also included Audi Service Conshohocken and the Warehouse, a used-vehicle dealership, both in Conshohocken, Pa. These are Sobel’s first dealerships in Pennsylvania. Sobel also has dealerships in New Jersey and New York.

07/06/2021 Crane/Bredemann John Crane Bredemann Family of Dealerships Golf Mill Chevrolet in Niles, Ill. Bredemann Chevrolet in Park Ridge, Ill.

Crane moved the Chevrolet franchise a little more than a mile north to Niles, Ill.

07/06/2021 Wahlberg, Feldman/Firment Mark Wahlberg and Jay Feldman Joe Firment Mark Wahlberg Chevrolet of Avon Joe Firment Chevrolet in Avon, Ohio

Wahlberg and Feldman are partners in several dealerships in Columbus, Ohio, area. Tim Lamb Group handled the transaction. 

07/01/2021 LaFontaine/Ralph Thayer LaFontaine Automotive Group Ralph Thayer Automotive LaFontaine Hyundai of Livonia, LaFontaine Mazda of Livonia and LaFontaine Volkswagen of Livonia Ralph Thayer Livonia Volkswagen, Ralph Thayer Mazda and Ralph Thayer Hyundai, all in Livonia, Mich.

LaFontaine now has 25 Michigan locations. Dealer Solutions Mergers and Acquisitions represented LaFontaine in the transaction. 

06/30/2021 Stuckey/Confer Stuckey Automotive Joel Confer Stuckey Ford of Bellefonte Joel Confer Ford of Bellefonte in Bellefonte, Pa.

This is Stuckey Automotive’s second Ford dealership and fifth store overall. Neither party used a broker in the transaction. Confer still owns Joel Confer Toyota-BMW in State College, Pa.

06/30/2021 Chertok, Boguslavskiy/Peruzzi Yan Chertok and Arthur Boguslavskiy of Dunhill Auto Group Peruzzi Auto Group Quakertown Mitsubishi Mitsubishi of Quakertown in Pennsylvania

This is Dunhill Auto Group’s first franchised dealership. Dunhill has four used-vehicle dealerships in New Jersey, in the New York City area. Rich Weitzman of Colliers International represented Peruzzi Auto in the transaction. Aboyoun Dobbs represented Dunhill Auto as its legal counsel in the transaction.

06/30/2021 Kendall/Bjorg Kendall Automotive Group The Bjorg family Kendall Subaru of Marysville and Kendall Chevrolet of Marysville Roy Robinson Subaru and Roy Robinson Chevrolet in Marysville, Wash.

George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

06/30/2021 MacNeil/Rimrock David MacNeil Rimrock Auto Group, owned by John Soares and Steve Zabawa Mercedes-Benz of Billings in Montana

This is MacNeil’s first dealership. He is CEO of WeatherTech. George Pero, Alex Covino and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

06/30/2021 Boyd/Williams Tony Boyd Chris Williams Park Hills Chevrolet Turner Chevrolet in Park Hills, Mo.

This is Boyd’s first dealership. Turner Chevrolet previously had a Cadillac franchise, but General Motors terminated it before the transaction’s closing. Don Brown of Midwest Brokerage in St. Louis represented Williams in the transaction.

06/30/2021 Ciocca/Kerbeck Ciocca Dealerships Charlie Kerbeck, George Kerbeck and Frank Kerbeck Ciocca Chevrolet-Buick-GMC of Atlantic City, Ciocca Corvette and Ciocca Cadillac of Atlantic City Kerbeck Chevrolet-Buick-GMC, Kerbeck Corvette and Kerbeck Cadillac of Atlantic City, all in Atlantic City, N.J.

Kerbeck’s dealership was the highest-volume Chevrolet Corvette seller in the country. Bel Air Partners, a buy-sell advisory firm in Hopewell, N.J., represented the sellers in the transaction. 

06/30/2021 Umansky/Qvale Umansky Automotive Group Qvale Automotive Group Porsche Livermore, Jaguar-Land Rover Livermore, Audi Livermore, Livermore Honda and Livermore Subaru in Livermore, Calif.

These are Umansky Automotive’s first dealerships in California. It also has dealerships in Mississippi, Tennessee, Wisconsin and Virginia. With the transaction, Qvale Automotive has exited California and has four rooftops in Florida. Presidio Group represented Qvale in the Livermore transaction. Umansky Automotive did not use a broker.

06/30/2021 Time/Underriner Time Auto Group Underriner Motors Klamath Falls Subaru and Klamath Falls Honda, in Klamath Falls, Ore.

Time Auto now has five franchised dealerships in Oregon. It also owns D&C Motor Co., a used-vehicle dealership in Portland that specializes in European luxury brands. George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

06/30/2021 Rosenberg, Bickford/Plante David Rosenberg, Rick Bickford and Mike Bickford Kenneth Plante, Roger Plante and Steve Plante Tri-City Subaru and Tri-City Chrysler-Dodge-Jeep-Ram in Somersworth, N.H.

Rosenberg now has four dealerships. Nancy Phillips Associates represented the seller in the transaction. The seller also worked with lawyer Erik Barstow of Integral Business Counsel law firm, while the buyers worked with lawyer Bob Macdonald of Bernstein, Shur, Sawyer & Nelson. Todd Merriam of O’Connor & Drew was accountant on the transaction. 

06/29/2021 Swickard/Sonic Swickard Auto Group Sonic Automotive Volvo Cars Southwest Houston Momentum Volvo Cars in Houston

The dealership will relocate to a nearby location. No broker was used in the transaction. 

06/28/2021 Max Motors/Orr, Patterson, Sparks Max Motors Dealerships Keith Orr, Trey Patterson and William Sparks Max Ford of Manhattan and Max Hyundai of Manhattan Flint Hills Ford and Flint Hills Hyundai in Manhattan, Kan.

Don Brown of Midwest Brokerage represented the buyer in the transaction, while Greg Errion Consulting represented the sellers.

06/28/2021 Lithia/Broadus, Paulson Lithia Motors David Broadus, Erik Paulson Michael’s Toyota of Bellevue and Michael’s Subaru of Bellevue in Bellevue, Wash.

Michael’s Toyota of Bellevue is the largest Toyota store in Washington state based on new-vehicle sales. Paulson, a minority partner and general manager at both stores, is staying on as general manager. Mark Johnson and Mark Topping of MD Johnson represented Broadus.

06/28/2021 Swickard/Broadus Swickard Auto Group David Broadus Swickard Toyota Magic Toyota in Edmonds, Wash.

Mark Johnson and Mark Topping of MD Johnson represented the seller in the transaction.

06/28/2021 Gurley Leep/Wright Gurley Leep Automotive Family Dave Wright Honda of Altoona Dave Wright Honda in Marshalltown, Iowa

Gurley Leep is moving the Honda franchise from Marshalltown to Altoona, Iowa, where the group plans to build a 30,000-square-foot dealership and name it Honda of Altoona. Gurley Leep estimates that the new dealership will open around July 2023.

06/24/2021 Phillipos/Van Drunen Steve Phillipos Marv Van Drunen and Van Drunen family Ford of Homewood Van Drunen Ford in Homewood, Ill.

Phillipos also owns Chevrolet of Homewood.

06/23/2021 Malone/Teague Karl Malone Auto Group Jeff Teague Karl Malone Chevrolet-Karl Malone Toyota of El Dorado and Karl Malone Ford-Lincoln Teague Toyota-Teague Chevrolet and Teague Ford-Lincoln in El Dorado, Ark.

The Arkansas acquisitions mark the group’s first Chevrolet and Ford-Lincoln stores. Karl Malone Auto Group, owned by basketball Hall of Famer Karl Malone, also has two dealerships in Utah: Karl Malone Toyota in Draper and Karl Malone Chrysler-Dodge-Jeep-Ram in Heber City, as well as Karl Malone Toyota of Ruston in Ruston, La.  No brokers were used in the Arkansas transaction.

06/21/2021 Ghreiwati/Lithia Issam Ghreiwati Lithia Motors Audi Valencia in California

Kerrigan Advisors represented Lithia in the sale. 

06/21/2021 Bob Johnson/Dorschel Bob Johnson Auto Group Dorschel Automotive Group Bob Johnson Toyota, Mini of Rochester, Alfa Romeo-Maserati of Rochester, Bob Johnson Infiniti and Bob Johnson Lexus-Kia-Volkswagen-Nissan Dorschel Toyota, Mini of Rochester, Alfa Romeo-Maserati of Rochester, Dorschel Infiniti and Dorschel Lexus-Kia-Volkswagen-Nissan, all in Rochester, N.Y.

Bob Johnson said the acquisition will add $350 million in annual revenue. No broker was used in the transaction. 

06/21/2021 Lithia/Herrin Lithia Motors Jack Herrin Toyota of Jackson Herrin-Gear Toyota in Jackson, Miss.

Lithia said the store would generate $95 million in annual revenues. Bill Scrivner and Mike Sims of Pinnacle Mergers & Acquisitions advised the seller in the transaction.

06/16/2021 McDonald/Ehrlich, Motschall McDonald Automotive Group Scott Ehrlich, John Motschall and the Ehrlich family McDonald Toyota in Greeley, McDonald Toyota of Fort Morgan and McDonald Chrysler-Dodge-Jeep-Ram of Fort Morgan Ehrlich Toyota in Greeley, Ehrlich Toyota East in Fort Morgan and Ehrlich Chrysler-Dodge-Jeep-Ram in Fort Morgan, all in Colorado

Ehrlich and Motschall were owners of the Fort Morgan stores, and the Ehrlich family was the owner of the Greeley store. Ehrlich will retain Toyota of Laramie in Wyoming. No broker was used in the transaction.

06/14/2021 Lithia/Dickason Lithia Motors Bill Dickason operated the stores. Southwest Kia of Rockwall, Kia of North Austin, Southwest Kia, Southwest Kia Mesquite, Kia of Round Rock Southwest Kia-Rockwall, Southwest Kia Austin, Southwest Kia Dallas, Southwest Kia Mesquite and Southwest Kia Round Rock, all in Texas

 Lithia said the stores would add $350 million in annual revenues. No brokers were used in the transaction. 

06/09/2021 Martin/Ross Martin Management Group Ross Automotive Group El Monte Nissan Ross Nissan of El Monte in California

This is Martin Management Group’s first Nissan dealership. Martin Management has dealerships in Kentucky, Ohio, West Virginia, Tennessee, South Carolina and California. Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction.

06/07/2021 Hudson/Stewart Hudson Automotive Group Gordie Stewart Hoover Toyota in Alabama

This is Hudson Automotive’s first dealership in Alabama. Gerrick Wilkins of Dealer Support Network represented the buyer in the transaction.

06/03/2021 Huften/Barkhouser Darryl Huften and Nancy Huften James Barkhouser Apple Ford of Danville Barkhouser Ford-Lincoln in Danville, Va.

The Lincoln brand was not part of the transaction. The buyers also own Apple Ford in Lynchburg, Va. No broker was used in the transaction.

06/03/2021 Penske/Sabates Penske Automotive Group Felix Sabates. A biography for Sabates’ Chip Ganassi Racing team also listed Terry Taylor as a dealership owner. Mercedes-Benz of South Charlotte Felix Sabates’ Mercedes-Benz South Charlotte in Pineville, N.C.

Penske said the store, in a new market for the group, is expected to generate $150 million in annual revenue. No broker was used in the transaction.

06/01/2021 Great Lakes/LaRiche Great Lakes Auto Network Bob LaRiche Great Lakes Toyota-Subaru LaRiche Toyota-Subaru in Findlay, Ohio

Toyota and Subaru are new brands for Great Lakes Auto Network, which is based in Akron, Ohio. The single-rooftop dealership is the group’s first store in western Ohio. Neither party used a broker in the transaction. Great Lakes also has two Honda dealerships, a Hyundai dealership and a Kia store.

06/01/2021 Lithia/Farguson Lithia Motors Dave Farguson Acura of Sherman Oaks Center Acura in Sherman Oaks, Calif.

No broker was used in the transaction.

06/01/2021 TKO/Courtesy TKO Group Don Hargroder of Courtesy Automotive Group Morgan City Toyota and Ford of Morgan City Courtesy Toyota and Courtesy Ford in Morgan City, La.

TKO now has seven dealerships, CEO Travis Ostrom said, with other locations in Georgia and North Carolina. Bill Fields of Dealer Solutions Mergers and Acquisitions, represented the seller in the transaction.

06/01/2021 Phil Long/Carlson, Nilsson, Winkler Phil Long Dealerships Jeff Carlson, Steve Nilsson and Carroll Winkler Phil Long Glenwood Springs Subaru Glenwood Springs Subaru in Colorado

Winkler is staying as the store’s general manager. This is Phil Long Dealerships’ second dealership in western Colorado and marks a return to the Subaru brand. No broker was used in the transaction. 

06/01/2021 Conklin/Robbins Conklin Cars Mark Robbins Conklin Cars of Newton Robbins Motor Co. of Newton in Kansas

Conklin has moved the Chrysler-Dodge-Jeep-Ram store to its campus in Newton, which also has Ford and Chevrolet dealerships. The company also sells Buick, GMC, Honda, Toyota and Nissan at other locations in Kansas. Robbins is retaining a Chrysler-Dodge-Jeep-Ram-Fiat dealership in Manhattan, Kan. No broker was used in the transaction.

05/28/2021 Pedder/Abelkop Pedder Auto Group Mark Abelkop Pedder Hyundai of Poway and Pedder Chrysler-Dodge-Jeep-Ram of Poway Poway Hyundai and Poway Chrysler-Dodge-Jeep-Ram in California

Pedder Auto now has seven dealerships. Performance Brokerage Services brokered the transaction. James Barone of Ferruzzo & Ferruzzo law firm in Newport Beach, Calif., represented Pedder, while lawyer Leslie Chayo of Beverly Hills, Calif., represented Abelkop.

05/26/2021 Lahham/Lithia Lahham Automotive Lithia Motors Kia of Stockton Lithia Kia of Stockton in California
05/25/2021 Marks/Ed Morse Automotive Ken Marks Ed Morse Automotive Group Coast Buick-GMC, Coast Mazda Ed Morse Auto Plaza in Port Richey, Fla.
05/23/2021 Lithia/Farguson Lithia Motors Dave Farguson BMW of Sherman Oaks Center BMW in Sherman Oaks, Calif.

No broker was used in the transaction.

05/19/2021 Foundation Automotive, Letis/AutoNation Foundation Automotive Corp., Josh Letis AutoNation Foundation Hyundai in Westminster, Colo. AutoNation Hyundai 104 in Northglenn, Colo.

This is Foundation Automotive Corp.’s first Hyundai dealership. The agreement required Foundation to move the Hyundai store to a different building, a former AutoNation dealership, about two miles away in Westminster, Colo. Foundation will rent the building from AutoNation. Foundation, a Canadian group, now has 20 rooftops in Canada and the U.S. Josh Letis, managing partner of the group’s Medved Autoplex — which includes Cadillac, Chevrolet and Kia stores in nearby Wheat Ridge, Colo. — will also be managing partner at the Hyundai store. Dealer Solutions Mergers and Acquisitions represented Foundation in the Hyundai transaction. AutoNation did not use a broker.

05/19/2021 Zeigler/International Zeigler Automotive Group International Autos Group Zeigler Subaru of Merrillville International Subaru of Merrillville in Merrillville, Ind.

This is Zeigler’s first Subaru dealership. Neither party used a broker. Zeigler now has 26 new-vehicle dealerships in Michigan, Illinois and Indiana. Zeigler also owns three Byrider used-vehicle stores, a preowned store in Berwyn, Ill., and a motorsports store in Kalamazoo, Mich.

05/19/2021 Thomas/Nolette Tony Thomas Joseph Nolette Tony T Chrysler-Dodge-Jeep-Ram of Orangeburg Plaza Chrysler-Dodge-Jeep-Ram of Orangeburg in Orangeburg, S.C.

Performance Brokerage Services represented Nolette in the transaction. Thomas did not use a broker.

05/17/2021 Doraty, Johnson/Crown Bill Doraty, Stephanie Doraty and Jeff Johnson Crown Automotive Group Celebration Kia of Dublin Crown Kia of Dublin in Ohio

The buyers also have a Celebration Kia dealership in Lewis Center, Ohio. Tim Lamb Group represented the seller in the transaction.

05/17/2021 Timbrook, Wilson, Ainsworth/Lithia Fred Timbrook, Lee Wilson and David Ainsworth of Timbrook Automotive Lithia Motors Hazleton Honda in Hazle Township, Pa.

Lithia bought Hazleton Honda in 2019 from an ailing dealership group and expected the store to generate about $50 million in annual revenues. Timbrook Automotive has dealerships in Maryland, West Virginia, Pennsylvania and Virginia. Brian Brown and Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

05/17/2021 Lebowitz, Hileman, Burlington Automotive/Wyoming Valley Randy Lebowitz, Jake Lebowitz and Wayne Hileman of Burlington Automotive Group Wyoming Valley Motors Audi Wyoming Valley in Wilkes-Barre, Pa.

Burlington Automotive Group now has nine dealerships, according to DCG Acquisitions, a Dave Cantin Group company. Dave Cantin and Brian Brown of DCG Acquisitions handled the transaction.

05/17/2021 Lum, Teubner/McCurley Lum family (David Lum, Shirley Lum, Julie Lum, Lori Lum and Pam Lum) and Justin Teubner McCurley Integrity Dealerships Walla Walla Toyota McCurley Integrity Toyota of Walla Walla in Washington

The Lum family also owns Lum’s Auto Center, a Toyota-Chrysler-Dodge-Jeep-Ram dealership in Warrenton, Ore., and Lum’s Buick-GMC-Cadillac in McMinnville, Ore. Performance Brokerage Services handled the transaction. Craig Nichols and Geoff Nichols of Nichols Law Group in Portland represented the Lum family, and Jim Aiken of Aiken Law Group in Issaquah, Wash, represented the McCurley group.

05/17/2021 Lithia/Staluppi Lithia Motors John Staluppi Jr. Hyundai of Las Vegas, Genesis of Las Vegas, Centennial Hyundai and ABC Hyundai, all in Las Vegas

Las Vegas is a new market for Lithia. The western region office of DCG Acquisitions, a Dave Cantin Group company, represented the seller in the transaction.

05/12/2021 Cicotte/Key Auto Johanna Cicotte Key Auto Group Nissan of Lebanon Key Nissan of Lebanon in Lebanon, N.H.

Cicotte also owns Volvo-Volkswagen of Lebanon. Cicotte previously owned the Nissan store and sold it to Victoria Marcinkevich in 2012, according to Valley News. Nancy Phillips Associates facilitated the transaction.

05/10/2021 PSD/Partyka PSD Automotive Group Lee Partyka Hamden Chevrolet, Hamden Mazda Partyka Chevrolet, Partyka Mazda in Hamden, Conn.

Nate Klebacha of Haig Partners, a Fort Lauderdale, Fla., buy-sell firm, represented the seller in the transaction.

05/10/2021 Rafih/Eitel Dahm Rafih Auto Group Eitel Dahm Motor Group BMW of Rochester Hills, Audi Rochester Hills, Porsche Motor City in Eastpointe and Motor City Mini in Southfield, all in Michigan

Rafih Auto Group is based in Windsor, Ontario. The group about two years ago bought three dealerships in Ohio. No broker was used in the transaction.

05/07/2021 Bob Johnson/Mulvihill Bob Johnson Auto Group The Mulvihill family Bob Johnson Buick-GMC South Patrick Buick-GMC in Henrietta, N.Y. 

No broker was used in the transaction. 

05/07/2021 Mastrovito/Lithia Frank Mastrovito, dealer principal Lithia Motors Mastrovito Hyundai Carbone Hyundai in Yorkville, N.Y.
05/05/2021 Morse/Rhinehart Teddy Morse of Ed Morse Automotive Group Ken Rhinehart Ed Morse Chevrolet-Buick-GMC Rolla Fairground Auto Plaza in Rolla, Mo.

Performance Brokerage Services handled the transaction for both parties. 

05/05/2021 Morris/Hodge Stephanie Morris Jack Hodge Stephanie Morris Chevrolet James Hodge Chevrolet in Okmulgee, Okla.

This is Stephanie Morris’ first dealership acquisition. Andy Church of Dealer Solutions Mergers and Acquisitions, a buy-sell firm based in Markham, Ontario, with a U.S. office in Jupiter, Fla., represented the seller in the transaction.

05/05/2021 LMP/Davis LMP Automotive Holdings Ernie Davis and Lori Davis Hometown Subaru in Mt. Hope, W.Va.

LMP purchased an 85 percent stake in Hometown Subaru. Bob Morris of Tim Lamb Group brokered the transaction.

05/04/2021 Diehl/Preston Diehl Automotive Group Preston Auto Group Diehl Ford of Sharon, Diehl Hyundai Preston Ford of Sharon, Preston Hyundai of Sharon in Pennsylvania

These are Diehl Automotive’s first Ford and Hyundai stores. Diehl now has nine rooftops across western Pennsylvania and eastern Ohio. Blair Sharpe of Tim Lamb Group represented the seller in the transaction.

05/04/2021 Ianelli/World Auto Group Michael Ianelli of Integrity Auto Group World Auto Group Nissan City of Red Bank Nissan World of Red Bank in Red Bank, N.J.

Integrity Auto Group also owns Toyota City in Mamaroneck, N.Y., Hyundai City of Bay Ridge in Brooklyn, N.Y., and Genesis of Brooklyn.

05/03/2021 Checkered Flag/Pomoco Auto Checkered Flag Auto Group Pomoco Auto Group Checkered Flag Chrysler-Dodge-Jeep-Ram, Checkered Flag Alfa Romeo-Fiat Pomoco Chrysler-Dodge-Jeep-Ram of Newport News and Pomoco Alfa Romeo-Fiat of Newport News in Virginia

Checkered Flag, of Virginia Beach, Va., now has 11 rooftops throughout southeastern Virginia. Its portfolio also features Toyota, Honda, Hyundai, Genesis, Volkswagen, Jaguar-Land Rover, Audi, Porsche, BMW and Mini. Neither party used a broker in the Newport News transaction.

05/03/2021 Watson/Arbour, Chapleski Richard Watson IV Matt Arbour and Colleen Arbour Chapleski Burt Watson Ford Dean Arbour Ford in Pinconning, Mich.

Brad Bickle of Tim Lamb Group represented the seller in the transaction.

05/03/2021 Morse/Lindsay Teddy Morse of Ed Morse Automotive Group Larry Lindsay and Darrell Lindsay Ed Morse Chevrolet Lebanon, Ed Morse Ford Lebanon and Ed Morse Chrysler-Dodge-Jeep-Ram Saint Robert Lindsay Chevrolet and Lindsay Ford in Lebanon and Lindsay Chrysler-Dodge-Jeep-Ram in Saint Robert, all in Missouri

Performance Brokerage Services handled the transaction for both parties.

05/03/2021 HGreg.com/Brown HGreg.com Brown Auto Group HGreg Nissan Buena Park and HGreg Nissan Puente Hills Buena Park Nissan and Puente Hills Nissan in City of Industry, both in California

HGreg.com, part of Canada’s HGregoire, now has five franchised dealerships in the U.S. Haig Partners represented the seller in the transaction.

05/03/2021 Van Tuyl/Gillman Larry Van Tuyl Chris Gillman Easy Honda Team Gillman Honda West in Houston

Bill Scrivner and Mike Sims of Pinnacle Mergers & Acquisitions represented the buyer in the transaction.

04/30/2021 Gomes/Strollo Steven Gomes Strollo family Riverhead Chrysler-Dodge-Jeep-Ram in Riverhead, N.Y.

Gomes also owns Stevens 112 Ford in Patchogue, N.Y., Ford of Smithtown and Lincoln of Smithtown, both in St. James, N.Y., and Stevens Jersey City Ford in New Jersey. The Strollo family had owned the dealership since 1976.

04/29/2021 West Herr/Vanderstyne West Herr Automotive Group Jay Vanderstyne, Jay Jay Vanderstyne West Herr Toyota of Rochester Vanderstyne Toyota in Rochester, N.Y.

The acquisition marks West Herr’s fourth Toyota store and sixth dealership in the Rochester area. West Herr now has 29 locations. Jay Jay Vanderstyne is staying on as general manager. No broker was used in the transaction.

04/29/2021 Pilson/Deep Vein Coal Pilson Auto Centers Deep Vein Coal Co. Pilson Chevrolet-Buick-GMC 500 Automotive Chevrolet-Buick-GMC in Clinton, Ind.

Mallor Grodner, a Bloomington, Ind., law firm that handles business asset sales, represented the seller.

04/26/2021 Dick’s/Patchett Dick’s Auto Group Bruce Patchett Dick’s Hillsboro Chevrolet Bruce Chevrolet in Hillsboro, Ore.

Dick’s Auto Group was founded in 1985 by Dick Inukai. This is the group’s fifth dealership. Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction for both parties.

04/25/2021 Lithia/Ciasulli Lithia Motors Tim Ciasulli Planet Honda Planet Honda of Union in New Jersey

Bill Feinstein, who owned 20 percent of the dealership, is staying on as general manager and will lead the store. This is Lithia’s 247th dealership. MD Johnson Inc., an Enumclaw, Wash., buy-sell firm, represented Ciasulli. Aboyoun Dobbs represented Planet Honda as its legal counsel in the transaction.

04/21/2021 Key Auto/Miller Key Auto Group Randy Miller Key Chrysler-Dodge-Jeep-Ram of Newcastle Newcastle Chrysler-Dodge-Jeep-Ram in Maine

Miller, who owned the dealership for 24 years, is staying on as general manager. Nancy Phillips Associates handled the transaction for both parties. Key Auto has dealerships in New Hampshire, Maine, Vermont and Florida.

04/19/2021 Copeland/Prime Copeland Automotive Group Prime Automotive Group Copeland Subaru Hyannis, Copeland Chevrolet Hyannis Prime Subaru Hyannis, Prime Chevrolet Hyannis in Massachusetts

Copeland Automotive now has five dealerships and its second Chevrolet franchise. Its other stores are Copeland Toyota, Copeland Volkswagen and Copeland Chevrolet, all in Brockton, south of Boston. Prime owned the stores for less than three years, acquiring them in September 2018. Haig Partners represented the seller in the transaction.