DEALERSHIP BUY/SELL

This is Serra’s eighth Chevrolet store. No broker was used in the transaction.

The dealership sold Hyundai and Lincoln and the sellers continue to operate the Lincoln store. George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, brokered the transaction.

Sobel now has 13 stores in New Jersey and New York representing 16 franchises. Haig Partners represented the seller in the transaction.

Keyes and Tenenbaum sold nine Keyes Automotive Group dealerships in the Los Angeles and Phoenix areas in November to Lithia Motors. Their new dealership group is Howard Automotive, which now has six rooftops. No broker was used in the transaction.

No broker was used in the transaction.

Kerrigan Advisors represented the seller in the transaction.

Tim Lamb Group represented the buyer, and Bruce Rzentkowski of Motormindz represented the seller in this transaction.

Tim Lamb Group represented the buyer, and Bruce Rzentkowski of Motormindz represented the seller in the transaction.

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

Bob Morris of Tim Lamb Group brokered the transaction.

Haig Partners represented the seller in the transaction.

This is Turner’s third franchised dealership. Brian Brown and Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, brokered the transaction.

Tony Karabon of DCG Acquisitions, a Dave Cantin Group company, represented the buyer in the transaction.

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

Dave Cantin and Poncho Redfern of DCG Acquisitions, a Dave Cantin Group company, represented the seller in the transaction.

This is Gilchrist’s third Chevrolet dealership and third Chrysler-Dodge-Jeep-Ram store. Hicks Management & Consulting advised the parties in the transaction.

This is Michael Coggins’ first dealership acquisition after being a general manager partner with Haddad Auto Group. Brian Brown and Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, represented the seller in the transaction. 

This is Nielsen’s seventh franchised dealership acquisition. Dan Murphy of D.T. Murphy & Co. advised the buyer and seller in the transaction.

This is Premier Cos.’ seventh franchised dealership. Dave Cantin of DCG acquisitions, a Dave Cantin Group company, represented the seller in the transaction.

George Chaconas of Performance Brokerage Services brokered the transaction, and Logan Parker of Bass Sox Mercer also worked with the buyer.

Dick Pryor of Tim Lamb Group represented the seller in the transaction.

The Buick operations have moved into the Betten Baker Chevrolet-Cadillac-GMC dealership in Muskegon. The Witt family will continue selling used vehicles and perform service at the former Witt Buick dealership.

The dealership relocated down the street. This is World Auto’s 11th location and third Audi store in New Jersey. No broker was used in the transaction.

Performance Brokerage Services exclusively handled the transaction.

Blair Sharpe of Tim Lamb Group represented the seller in the transaction.

The Port Charlotte Sun reported the sale.

Nancy Phillips Associates handled the transaction. 

The auto park includes Subaru, Mazda and Hyundai-Genesis stores and was O’Brien’s only location in Florida. No broker was used in the transaction.

Kelly retains ownership of the property. Crown has dealerships in Florida, Ohio and Tennessee. Gerrick Wilkins from Dealer Support Network represented the buyer in the transaction.

Manning purchased the Ford-related assets of Sycamore Ford, a competing nearby store. Manning will operate the combined entity from the location in DeKalb, but it could expand or move. Bemis continues to operate Sycamore Hyundai and plans to build a new Hyundai dealership.

Maroone USA assumed full ownership of the dealership. In 2017, it partnered with Patty Dean to jointly own and manage the store.

This is West Herr’s third Toyota store and 28th location. No broker was used in the transaction.

No broker was used in the transaction.

This is Garber’s first Subaru dealership and sixth brand in the Rochester, N.Y., area. Brian Traugott of DCG Acquisitions, a Dave Cantin Group company, brokered the transaction.

No broker was used in the transaction.

Performance Brokerage Services exclusively handled the transaction.

Nelson Group also owns Selma Auto Mall. No broker was used in the transaction.

Bill Scrivner and Mike Sims of Pinnacle Mergers & Acquisitions advised the seller in the transaction.

Bellavia Blatt law firm provided legal counsel to the buyer. Brian Brown and Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, advised the buyer and seller in the transaction.

Steele, an auto group based in Canada with 45 dealerships, entered the U.S. in 2020 with the purchase of a Chevrolet-Buick-GMC store in Luling, Texas.

This is Fred Beans’ seventh Ford dealership. No broker was used in the transaction.

HGreg.com paid more than $40 million for the dealership and plans to launch a West Coast hub in Los Angeles. No brokers were used in the transaction.

This is Feldman’s second Chrysler-Dodge-Jeep-Ram store. No broker was used in the transaction.

The Elway dealership group now has seven stores. Joe Ozog of Ozog Consulting Group represented the seller in the transaction.

This is West Herr’s 27th location.

No broker was used in the transaction.

The Spartan group, now with 13 dealerships in six states, is led by owner Don Jones, a former Lithia executive. Dick Heimann is the majority owner of DiMar and a longtime Lithia executive who acquired an 80 percent interest in the three dealerships; Lithia held a 20 percent stake at the time of the sale. Ozog Automotive Group advised the seller in the transaction.

Lithia said the acquisition is expected to add $100 million in annual revenue.

Keyes European is a Mercedes-Benz dealership and Bell Road Toyota is in Phoenix. Kerrigan Advisors represented the seller in the transaction. Larry Braun and Peter Park of Sheppard Mullin provided legal counsel to the seller and Stephen Dietrich and Sarah Seedig of Holland & Knight provided legal counsel to Lithia.

Lithia enters the Virginia and Washington, D.C., market with the acquisition, which includes BMW, Mini, McLaren, Lamborghini and Rolls-Royce Motor Cars and adds three premium luxury brands to the company. Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich of Holland & Knight law firm was legal counsel to Sterling.

With this acquisition, Gee now has 29 dealerships. Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich of Holland & Knight was legal counsel to the seller, and Toby Hazen of Eide Bailly was the seller’s accountant.

Performance Brokerage Services handled the transaction.

Dick Pryor of Tim Lamb Group represented the seller in this transaction.

Presidio Group represented the seller in the transaction.

Performance Brokerage Services facilitated the transaction.

Team Auto Group now has five Chevrolet dealerships in North Carolina. Tony Wolf from Brady Ware Dealership Advisors consulted on the transaction.

Presidio Group advised the seller in the transaction.

The Framingham Source reported the sale.

 Phil Vogel of Vogel Strategies represented the seller in the transaction.

Presidio Group advised the seller in the transaction.

Autosaver Group now has more than 14 locations in northern New England. Nancy Phillips Associates handled the transaction.

No broker was used in the transaction.

Van Horn now has 17 dealerships in Wisconsin and Iowa including four Ford stores and its first Kia location. No broker was used in the transaction.

Kerrigan Advisors represented the seller in the transaction. Robert Neiman of Neiman Law Firm in Chicago also advised the seller.

MD Johnson represented the seller in the transaction.

Performance Brokerage Services handled the transaction. Logan Parker of Bass Sox Mercer law firm assisted the seller, and Seth Dobbs of Aboyoun Dobbs law firm and Jason Eisner of Imperial Title of Florida represented the buyer.

General Manager Doug Christensen also acquired a stake in the store. No broker was used in the transaction.

The transaction includes a parts warehouse and collision center. Hudson will lease the land under the Toyota and Buick-GMC dealerships in Nashville and will relocate those stores to newly built facilities. No broker was used in the transaction.

The dealership has been relocated in South Burlington. Nancy Phillips Associates handled the transaction.

Haig Partners represented the seller in the transaction. Akerman law firm provided legal counsel.

Performance Brokerage Services handled the transaction.

Haig Partners represented the seller in the transaction. Akerman law firm provided legal counsel.

This is LaFontaine’s 20th dealership. Performance Brokerage Services handled the transaction.

Haig Partners represented the seller in the transaction. Akerman law firm provided legal counsel.

Performance Brokerage Services exclusively handled the transaction. 

Tim Lamb Group represented the buyer in the transaction.

Cole is the owner of Cole Chevrolet in Pocatello and Beery is the store’s general manager. The Idaho State Journal reported the transaction. 

The Natchez Democrat reported the sale.

Gravity has a group of luxury used-vehicle stores. Strategic Automotive Resources represented the buyer in the transaction.

Tony Wolf from Brady Ware Dealership Advisors worked with the seller on the transaction.

Midwest Brokerage handled the transaction.

No broker was used in the transaction.

Kerrigan Advisors represented the seller in the transaction. David Blum, Scott Wasserman and Santiago Assalini of Akerman law firm provided legal counsel to the seller. Christine Smith of Crowe was the accountant for the seller.

Shelly Automotive also includes Irvine BMW-Mini, Rolls Royce Motor Cars Orange County in Irvine, Mercedes-Benz of Long Beach in Signal Hill and Lexus of Riverside, all in California. Steve Sullivan of Auto Dealership Consulting Group represented Shelly Automotive in the transaction, and Jim Hawse represented the sellers.

Lithia said the acquisition will add $55 million in annualized revenue.

No broker was used in the transaction.

Kerrigan Advisors represented the seller in the transaction. David Blum, Scott Wasserman and Santiago Assalini of Akerman law firm was legal counsel to the seller. Christine Smith of Crowe was accountant for the seller.

Performance Brokerage Services represented the seller in this transaction.

The Halls also own Joe Hall Ford-Lincoln in Lewiston. Brooks remains the store general manager. 

The CDJR store moved to a different location in Jackson, Ohio. No broker was used in the transaction.

Kerrigan Advisors advised the seller in the transaction.

This is the 11th location for Krause Auto Group. No broker was used in the transaction.

 Steven Landry with Panther and Michael Yatsko of Yatsko Group consulted on the transaction.

No broker was used in the transaction.

General Manager Reed Howell was named president of Herrin-Gear and also acquired a stake in the business. Mike Sims of Pinnacle Mergers & Acquisitions was financial adviser and Brunini law firm was legal counsel to the seller. Holland & Knight and Kirkland & Ellis provided legal counsel to the buyer.

Bob Johnson now has 14 locations in New York. Haig Partners advised the seller in the transaction.

No broker was used in the transaction.

No broker was used in the transaction.