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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11/18/2021 12/02/2021 Group 1 Automotive Prime Automotive Group Ira Toyota-Saco Prime Toyota-Saco in Maine

Jefferies was a financial adviser, while the Skadden, Arps, Slate, Meagher and Flom law firm and Akerman law firm were legal advisers to the seller.

11/15/2021 12/02/2021 Brandon Steven Motors Randy Johnson Harbor Chevrolet and Harbor Hyundai in Long Beach, Calif.

Mike Sims of Pinnacle Mergers and Acquisitions handled the transaction. 

11/15/2021 12/02/2021 Victory Automotive Group John Nakamura and Laurie Bush Albany Subaru in Albany, Calif.

Performance Brokerage Services handled the transaction.

11/10/2021 11/22/2021 Howard family Denny Krueger and family Dale Howard Auto Center of Waverly Krueger Auto & Truck Villa in Waverly, Iowa

The dealership sells Chrysler, Dodge, Jeep and Ram brands. Arenson Law Group of Cedar Rapids, Iowa, represented the Kruegers in the transaction.

11/09/2021 11/22/2021 Keating Auto Group Bob Cox and Jackie Cox Northwest Hyundai, West Houston Hyundai-Genesis of West Houston and West Houston Mitsubishi Hub Hyundai Houston, Hub Hyundai Katy-Genesis West Houston and Hub Mitsubishi Katy, all in Houston

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions represented the sellers. Keating did not use a broker.

11/09/2021 11/22/2021 Jon Weese of Heritage Auto Group Gust Kalatzes Heritage Chevrolet of Evanston AutoFarm Castle Rock Chevrolet in Evanston, Wyo.

Performance Brokerage Services handled the transaction. 

11/08/2021 11/22/2021 Sonic Automotive Cook Automotive Volkswagen of Fallston Cook Volkswagen in Fallston, Md.
11/08/2021 11/22/2021 Lithia Motors Qvale Auto Group Audi Fort Lauderdale and Audi Coral Springs in Florida

Presidio Group represented Qvale in the sale. Stephen Dietrich and Sarah Seedig of Holland & Knight represented Lithia as its legal counsel in the transaction. Alex Kurkin of Kurkin Forehand Brandes represented Qvale as its legal counsel in the transaction.

11/08/2021 11/12/2021 AutoNation Priority 1 Automotive Group, owned by Lou Cohen and family AutoNation Acura Hunt Valley, AutoNation Cadillac Hunt Valley and Mini of Towson, while the other dealership names remain Acura Hunt Valley in Cockeysville, Audi Ownings Mills, BMW of Bel Air, BMW of Rockville, BMW of Towson, Frankel & Chesapeake Cadillac in Cockeysville, Jaguar-Land Rover Hunt Valley in Cockeysville, Mini of Baltimore County in Towson and Porsche Towson

All stores are in Maryland. The transaction includes three collision centers. AutoNation said the group would add $420 million in annual revenues. Kerrigan Advisors represented Priority 1 in the transaction. Stephen Dietrich of Holland & Knight law firm and Freddie Traub of Friedman & Friedman law firm were legal counsel to Priority 1. 

11/04/2021 11/22/2021 AutoCanada Gary Rosenberg Crystal Lake Chrysler-Dodge-Jeep-Ram in Illinois

AutoCanada, a publicly traded Canadian auto retailer with stores in the U.S. under Leader Automotive Group, said the acquisition would add $72 million in annual revenue.

11/03/2021 11/12/2021 Carter Myers Automotive John Miller CMA’s Chrysler-Dodge-Jeep-Ram of Martinsburg, CMA’s Chevrolet-Toyota of Martinsburg, CMA’s Honda of Winchester and CMA’s Hyundai of Winchester Apple Valley Chevrolet-Toyota and Miller’s Chrysler-Dodge-Jeep-Ram in Martinsburg, W.Va., and Miller Honda and Apple Valley Hyundai in Winchester, Va.
11/01/2021 11/22/2021 David Rosenberg and Bob Ramos Emmett Horgan and Ryan Horgan Canobie Lake Toyota and Canobie Lake Honda Rockingham Toyota and Rockingham Honda in Salem, N.H.

Ramos will be general manager of both stores.

11/01/2021 11/18/2021 LaFontaine Automotive Group Janice Moran and Pam Moran LaFontaine Chevrolet-Buick-GMC of St. Clair St. Clair Chevrolet-Buick-GMC in China Township, Mich.
11/01/2021 11/18/2021 Kayser Automotive Group and Gregg Tank Toby Peterson and Mike Peterson S&L Ford Peterson Ford in Oconto Falls, Wis.

Tank is the store’s general manager. Wade Micoley represented the seller in the transaction.

11/01/2021 11/17/2021 Hudson Automotive Group Bruce Dyer Midlands Toyota Dick Dyer Toyota in Columbia, S.C.

Chris Fitzgerald, the store’s general manager and partner in the dealership, is staying with Hudson Automotive. Mike Sims of Pinnacle Mergers & Acquisitions represented Dyer in the transaction.

10/29/2021 11/22/2021 Dan Kuna and Tony Lozich Rick Yemm and Mark Kleine Ford of Galesburg Yemm Ford in Galesburg, Ill.

Yemm still owns Chrysler-Dodge-Jeep-Ram and Chevrolet-Buick-GMC dealerships in Galesburg. Don Brown of Midwest Brokerage represented the seller, and Hal Feder of Murphy Business and Financial Corp. represented the buyer in the transaction. 

10/28/2021 11/22/2021 Brickl Cos. Lithia Motors LeadCar Chevrolet Yorkville, LeadCar Buick-GMC Utica Carbone Chevrolet of Yorkville in Yorkville, N.Y., and Carbone Buick-GMC of Utica in Utica, N.Y.

Brian Brown and Tony Karabon of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

10/28/2021 11/22/2021 McCurley Integrity Dealerships Frank Stewart McCurley Subaru of Yakima Stewart Subaru in Yakima, Wash.

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

10/28/2021 11/12/2021 Ganley Auto Group Jeff Joseph and Jessica Joseph Toyota of Kent Don Joseph Toyota in Kent, Ohio

This is Ganley Auto Group’s third Toyota store and 45th dealership. No brokers were used in the transaction.

10/26/2021 11/11/2021 Asbury Automotive Group H. David Zinsmeister and David R. Zinsmeister Arapahoe Hyundai-Genesis of Arapahoe in Centennial, Colo.

Performance Brokerage Services handled the transaction.

10/19/2021 11/22/2021 Amir Rauf and Louay Charara Kevin Duke World Auto Chevrolet-Buick-GMC Colt Chevrolet-Buick-GMC in Pecos, Texas

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

10/19/2021 11/11/2021 Spitzer Management, doing business as Spitzer Autoworld Greg Murray Spitzer Ford-Lincoln DuBois and Spitzer Honda DuBois Murray’s Ford-Lincoln and Murray’s Honda in DuBois, Pa.

Drew Picon and Brian Brown of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

10/18/2021 11/22/2021 Corwin Automotive Group and Mario Wierzchowski Gus Johnson Corwin Ford Spokane Gus Johnson Ford in Spokane Valley, Wash.

Wierzchowski is the operating partner of the dealership, according to The Spokesman-Review.

10/18/2021 11/22/2021 Kendall Automotive Group Jeff Robberson Kendall Ford-Lincoln of Bend, Kendall Mazda of Bend and Kendall Ford of Prineville Robberson Ford-Lincoln and Robberson Mazda in Bend, Ore., and Robberson Ford of Prineville in Prineville, Ore.
10/18/2021 11/22/2021 Lee Carney and Geaux Automotive Group Bob Johnston Express Chevrolet Bob Johnston Chevrolet in Covington, Tenn.

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

10/18/2021 11/18/2021 Germain Automotive Group Bill Piercey and Tom Chadwell Germain Honda of Surprise Surprise Honda in Arizona

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

10/18/2021 11/11/2021 Tasca Automotive Group Dick Norris and Doug Norris Tasca Buick-GMC Clearwater and Tasca Buick-GMC Palm Harbor Dick Norris Buick-GMC Clearwater and Dick Norris Buick-GMC Palm Harbor, both in Florida

Presidio Group advised the seller in the transaction. J. Eric Gregory of Gregory Law firm advised the seller and James Redding of Greenberg Traurig law firm advised the buyer. 

10/18/2021 11/11/2021 Group 1 Automotive Katina Rapton and Curtis Rapton Capital City Honda Mel Rapton Honda in Sacramento

Cushman & Wakefield Dealership Capital Services advised the sellers.

10/18/2021 10/29/2021 Sonic Automotive Bobby Ford LLC Momentum Chrysler-Dodge-Jeep-Ram of Sealy Bobby Ford Chrysler-Dodge-Jeep-Ram in Sealy, Texas

The transaction marks a return for Sonic to the four brands. The group previously had Chrysler-Dodge-Jeep-Ram brand stores but sold all of them between 2008 and 2012, a Sonic spokeswoman said.

10/18/2021 10/26/2021 Asbury Automotive Group Kahlo family Kahlo Chrysler-Dodge-Jeep-Ram in Noblesville, Ind.

Michael Shanahan of VLT Brokerage represented the seller in the transaction. 

10/15/2021 11/12/2021 Shottenkirk Automotive Group Keith Mosing Shottenkirk Nissan Katy Katy Nissan in Texas

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

10/12/2021 10/26/2021 Randy Wise Automotive Team Dave Isbell Randy Wise Motorcars Grand Blanc Motorcars in Michigan

The dealership sells Toyota, Mercedes-Benz and BMW brands. 

10/11/2021 11/11/2021 Friendly Auto Group Peter D’Amico, Michael D’Amico and Patrick D’Amico Friendly Chrysler-Dodge-Jeep-Ram of Geneva D’Amico Chrysler-Dodge-Jeep-Ram in Geneva, N.Y.
10/07/2021 11/11/2021 Coughlin Automotive Group Matt Taylor Coughlin Kia of Lancaster Matt Taylor Kia in Lancaster, Ohio

Tim Lamb Group represented the seller in the transaction.

10/07/2021 10/14/2021 Feldman Automotive Group, Eddie Hall III and Cliff Cicotte Merlton Brandenburg Feldman Ford of Detroit Jorgensen Ford Sales in Detroit

This is Feldman’s first Ford dealership. Feldman partnered with Hall of Hall Automotive Group in Michigan and Cicotte, owner of Spirit Ford in Dundee, Mich.

10/06/2021 11/12/2021 Germain Automotive Group Bob Bressi Germain Honda of College Hills College Hills Honda in Wooster, Ohio

Gary Russo of Team Russo brokered the transaction. 

10/06/2021 10/18/2021 LMP Automotive Holdings Jonathan Grant, Agostino DiFeo and Luciano Caferra White Plains Chrysler-Dodge-Jeep-Ram in New York

LMP bought an 85 percent stake in the dealership. Grant remains dealer operator and joins LMP as a regional vice president. National Business Brokers brokered the transaction.

10/05/2021 10/29/2021 Steet Ponte Auto Group Lithia Motors Steet Ponte Nissan Carbone Nissan in Yorkville, N.Y.

This is Steet Ponte’s seventh new-vehicle dealership and first Nissan store, according to its website. The group is owned by Steve Ponte and Joe Steet Sr. Brian Traugott and Brian Brown of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

10/05/2021 10/18/2021 Morgan Automotive Group Vivian Reeves of Reeves Import Motorcars BMW of Tampa, Maserati Tampa, Porsche Tampa, Subaru of North Tampa and Volkswagen of North Tampa. The other names remain unchanged. Audi Tampa, Reeves BMW of Tampa, Land Rover Tampa, Maserati of Tampa, Porsche of Tampa, Reeves Subaru of Tampa and Reeves Volkswagen, all in Tampa, Fla.

These are Morgan Auto’s first Audi, Porsche and Maserati dealerships. Morgan Auto now has 53 dealerships. Neither party used a broker in the Reeves Import Motorcars transaction.

10/04/2021 10/29/2021 Adam Silverleib Todd Copeland Silko Volkswagen of Brockton Copeland Volkswagen of Brockton in Brockton, Mass.

This is Silverleib’s second dealership. GW Marketing Solutions, a dealership brokerage firm in Newton Centre, Mass., represented Silverleib in the transaction.

10/04/2021 10/26/2021 Hello Auto Group John Hine Jr. Hello Mazda of Temecula and Hello Subaru of Temecula John Hine Temecula Mazda and John Hine Temecula Subaru in California
10/04/2021 10/18/2021 Sewell Automotive Cos. Maas family Sewell BMW-Mini of Plano Classic BMW-Mini of Plano in Texas

This is Sewell Automotive Cos.’ 18th dealership and second BMW store. Presidio Group represented Sewell in the transaction.

10/04/2021 10/18/2021 Roland Smith, Martin Dinh and Melissa Smith of El Toro Auto Group Bob Kinsel and Kinsel family Ford of Pleasanton and Three Rivers Ford Kinsel Ford Pleasanton and Kinsel Ford Three Rivers, both in Texas

Performance Brokerage Services handled the transaction.

10/04/2021 10/09/2021 Group 1 Automotive Richard Allen and Tom Durant Denton Chrysler-Jeep-Dodge-Ram and Denton Mazda Classic Chrysler-Dodge-Jeep-Ram of Denton and Classic Mazda of Denton, both in Texas

Group 1 said the dealerships combined are expected to add about $150 million in annual revenue. Bill Scrivner and Mike Sims of Pinnacle Mergers & Acquisitions represented the seller in the transaction. 

10/01/2021 12/02/2021 Parks Automotive Group Greenway Automotive Group Parks Chevrolet Spartanburg Greenway Chevrolet of Spartanburg in South Carolina
10/01/2021 11/22/2021 Lee Schreiber Home Run Auto Group, owned by Jim Bozich and Mark Geiger Dixon Ford-Volkswagen in Dixon, Ill.

This is Schreiber Automotive’s second dealership.

10/01/2021 11/11/2021 Robert Chipman Paul Willrodt CarSwap Chrysler-Dodge-Jeep-Ram Willrodt Motor Co. in Chamberlain, S.D.

Performance Brokerage Services handled the transaction. 

10/01/2021 11/11/2021 D-Patrick Inc., owned by Mike O’Daniel and Ray Farabaugh David Lewis, Steve Lewis and Jim Lewis D-Patrick Lebanon Ford Gene Lewis Ford in Lebanon, Ind.
10/01/2021 10/14/2021 DCD Automotive Holdings Eddie Tarbox Nucar Tarbox Toyota, Nucar Tarbox Hyundai Tarbox Toyota and Tarbox Hyundai in North Kingstown, R.I.

These are DCD Automotive Holdings’ first dealerships in Rhode Island. Woody Woodward and John Hyland of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

10/01/2021 10/14/2021 Fowler Holding Co. Doug Pollard of Pollard Friendly Motor Co. Fowler Jeep of Boulder Pollard Jeep of Boulder in Colorado

Hugh Morris of Dealer Support Network represented the buyer in the transaction. 

09/30/2021 10/29/2021 Troncalli Automotive Group Jeff Smith Volkswagen of Warner Robins Jeff Smith Volkswagen in Warner Robins, Ga.

This is Troncalli Automotive Group’s fifth dealership, according to DCG Acquisitions, a Dave Cantin Group company, which handled the transaction. Mike Lacey and Brian Brown of DCG Acquisitions brokered the transaction.

09/30/2021 10/26/2021 Windy Automotive Group Merit Auto Group Windy Nissan Byford Nissan in Elk City, Okla.
09/30/2021 10/26/2021 Kayser Automotive Group Ray Fregia Jr. Kayser Ford of Sauk City Courtesy Ford of Sauk City in Wisconsin
09/30/2021 10/14/2021 Rydell Co. CarMax Kenosha Toyota CarMax Kenosha Toyota in Wisconsin

This was CarMax’s last franchised dealership. Haig Partners represented the seller in the transaction. 

09/29/2021 11/22/2021 Julie Huttig and George Huttig Durocher family Huttig Chrysler-Dodge-Jeep-Ram Durocher Auto Sales in Plattsburgh, N.Y.

Nancy Phillips Associates handled the transaction.

09/29/2021 10/28/2021 Ben Faricy and Paul Faricy of The Faricy Boys Mike Goodart and Matt Brown The Faricy Boys Automotive Town & Country Salida Inc. in Colorado

The dealership sells Chevrolet, Buick, GMC, Ford, Chrysler, Dodge, Jeep and Ram brands. Brown remains general manager. 

09/29/2021 10/14/2021 Bergey’s Inc. Frank Carfagno Bergey’s Chevrolet of Plymouth Meeting Carfagno Chevrolet in Plymouth Meeting, Pa.

Brian Brown and Drew Picon of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

09/29/2021 10/14/2021 AutoNation Peacock Automotive Group

AutoNation expects the stores, plus one collision center, to add $380 million in annual revenue. Peacock is retaining a Ford dealership in Maitland, Fla. Stephens Inc. advised the seller. The dealerships' former names were: Jaguar-Land Rover Columbia and Peacock Hyundai Columbia-Genesis of West Columbia in South Carolina; Hilton Head Volkswagen, Peacock Hyundai Hilton Head-Genesis of Hilton Head, Peacock Subaru, Audi Hilton Head, Porsche of Hilton Head, Jaguar-Land Rover Hilton Head and Peacock Jeep-Dodge-Ram-Chrysler, all in Hardeeville, S.C.; Peacock Hyundai Savannah and Savannah Volkswagen, both in Georgia. The new names are: Jaguar-Land Rover Columbia, AutoNation Hyundai Columbia-Genesis of West Columbia, AutoNation Volkswagen Hilton Head, AutoNation Hyundai Hilton Head-Genesis of Hilton Head, AutoNation Subaru Hilton Head, Audi Hilton Head, Porsche Hilton Head, Jaguar-Land Rover Hilton Head, AutoNation Chrysler-Dodge-Jeep-Ram Hilton Head, AutoNation Hyundai Savannah-Genesis of Savannah and AutoNation Volkswagen Savannah.

09/29/2021 10/09/2021 Vince Sheehy of Sheehy Auto Stores Randy Harris of Ultimate Automotive Sheehy Buick-GMC Fredericksburg and Sheehy Subaru Fredericksburg Ultimate Buick-GMC and Ultimate Subaru in Fredericksburg, Va.

Performance Brokerage Services handled the transaction.

09/27/2021 10/09/2021 Jeff Schmitt Auto Group Dennis Valentine Jeff Schmitt Buick-GMC Valentine Buick-GMC in Fairborn, Ohio
09/27/2021 10/06/2021 Cavender Auto Family David Alderson of Alderson Auto Group   Audi Lubbock, BMW of Lubbock, Cavender Cadillac of Lubbock, Cavender Lexus of Lubbock, Mercedes-Benz of Lubbock and Mercedes-Benz of Midland Audi Lubbock, Alderson BMW, Alderson Cadillac, Alderson Lexus and Alderson European Motors, a Mercedes-Benz-Sprinter dealership in Lubbock, and Alderson European Motors, a Mercedes-Benz-Sprinter store in Midland, all in Texas
09/15/2021 09/27/2021 Karl Malone Auto Group Mike Hale Karl Malone Chevrolet Mike Hale Chevrolet in Park City, Utah

This is Karl Malone Auto Group’s third dealership in Utah and sixth rooftop overall. Performance Brokerage Services handled the transaction.

09/13/2021 10/06/2021 Summit Automotive Partners Piercey Automotive Group Freedom Honda in Colorado Springs, Colo.

Bill Scrivner of Pinnacle Mergers & Acquisitions represented the seller in the transaction.

09/13/2021 10/01/2021 Flow Automotive Cos. Asbury Automotive Group BMW of Charlottesville in Virginia

The BMW store was Asbury’s lone location in Charlottesville, and the group has exited that market. Presidio Group represented Asbury in the transaction.

09/13/2021 09/27/2021 Ken Garff Automotive Group Spradley Barr Automotive Ken Garff Ford-Lincoln Greeley, Ken Garff Ford Fort Collins, Ken Garff Ford Cheyenne, Ken Garff Toyota Cheyenne and Ken Garff Hyundai Cheyenne Spradley Barr Ford-Lincoln of Greeley and Spradley Barr Ford Fort Collins, both in Colorado; Spradley Barr Ford Motors Cheyenne, Spradley Barr Toyota Cheyenne and Spradley Barr Hyundai Motors Cheyenne, all in Wyoming

These are Ken Garff’s first stores in Colorado and Wyoming.

09/13/2021 09/27/2021 Lithia Motors Bernie Curry of Curry Automotive Curry Honda in Chamblee, Ga.

This is Lithia’s first dealership in Georgia. Brian Brown and Dave Cantin of DCG Acquisitions, a Dave Cantin Group company, represented Curry in the transaction.

09/13/2021 09/27/2021 Lithia Motors Jon Gray Orange Coast Chrysler-Jeep-Dodge-Ram-Fiat in Costa Mesa, Calif.

Gray is staying as general manager. No brokers were used in the transaction.

09/09/2021 09/23/2021 LaFontaine Automotive Group Tanya Robin and Basam Robin LaFontaine Buick-GMC of Dearborn Superior Buick-GMC in Dearborn, Mich.
09/09/2021 09/15/2021 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. 
09/08/2021 10/06/2021 Chapman Automotive Group Joe Fisher Chapman Chevrolet, Chapman Buick-GMC and Chapman Dodge-Chrysler-Jeep-Ram Fisher Chevrolet, Fisher Buick-GMC and Fisher Chrysler-Dodge-Jeep-Ram in Yuma, Ariz.

Ken Koehler of Tim Lamb Group’s southwest region brokered the transaction. 

09/07/2021 11/11/2021 Paul Sabatini Julie Walker Mission Ford of Dearborn Fairlane Ford in Dearborn, Mich.

Performance Brokerage Services handled the transaction.

09/03/2021 09/23/2021 Ivette Dominguez Drawe, Rick Jones and Michael Drawe Brenda Carlton Post Oak Acura Don Carlton Acura of Tulsa in Oklahoma

Paul Kechnie of Performance Brokerage Services handled the transaction.

09/01/2021 10/09/2021 Michael Speigl Julie Dunning Subaru of Ann Arbor and Toyota of Ann Arbor Dunning Subaru and Dunning Toyota in Ann Arbor, Mich.

These are Speigl’s first dealerships. Neither party used a broker.

09/01/2021 09/16/2021 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 10/01/2021 World Auto Group Frank Esposito and Frank Tackett Subaru World of Hackettstown Route 46 Subaru in Hackettstown, N.J.
08/31/2021 10/01/2021 McGrath Imports, Kevin McGrath and Will Mulcahy Ivette Dominguez Drawe, Rick Jones and Michael Drawe McGrath Highway Chevrolet-Buick-GMC Highway Chevrolet-Buick-GMC in El Paso, Ill.

Jennifer Rafael of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction.

08/31/2021 09/23/2021 Paul Thigpen and Anthony Miller Deborah Jackson Skates and Danny Skates Paul Thigpen Chevrolet-Buick-GMC Jackson Chevrolet-Buick-GMC in LaFayette, Ga.

Bill Fields of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction. 

08/31/2021 09/23/2021 Collin Sewell and Sewell Family of Cos. Benny Boyd Auto Group Sewell Chrysler-Dodge-Jeep-Ram Benny Boyd Andrews Dodge-Chrysler-Jeep-Ram Truck in Andrews, Texas

Bill Scrivner and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller in the transaction.

08/31/2021 09/15/2021 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 09/15/2021 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 11/17/2021 Victory Automotive Group Hudson Automotive Group Volkswagen of Murfreesboro Murfreesboro Volkswagen in Murfreesboro, Tenn.
08/30/2021 09/14/2021 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 09/16/2021 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.

08/25/2021 10/14/2021 Jerry Romano, Brady Schmidt, Gary Mull, Wayne Davis Trust of Louis VeDova Windward Hyundai, Windward Dodge-Chrysler-Jeep-Ram in Kaneohe, Hawaii

The four bought the two stores from the trust of former owner VeDova, who died in June 2020. Romano was previously general manager of the stores while Davis was CFO. Romano, who is still general manager, is now also dealer principal of the Dodge-Chrysler-Jeep-Ram store, and Schmidt is dealer principal of the Hyundai dealership. Schmidt is CEO of National Business Brokers Inc. in Irvine, Calif. Mull is the firm's director.

08/23/2021 09/16/2021 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.

08/23/2021 09/16/2021 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.

08/18/2021 12/02/2021 Putnam Automotive Dealer Group David Meese and Jeff Qvale Honda San Carlos Primo Honda in San Carlos, Calif.

Meese was the store’s general manager. Haig Partners represented the sellers in the transaction. 

08/18/2021 09/07/2021 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 09/14/2021 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 09/07/2021 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 09/14/2021 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. 

08/16/2021 09/07/2021 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.  

08/12/2021 09/07/2021 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 09/16/2021 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 09/07/2021 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 09/07/2021 Lithia Motors Zohreh Malek Kia of Frisco in Texas

Lithia did not use a broker. 

08/09/2021 09/07/2021 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.

08/09/2021 08/25/2021 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.

08/04/2021 10/14/2021 Frank Tackett and Frank Esposito Maryann Chuhinko Woodbridge Ford Bell Ford in Woodbridge Township, N.J.

Dan Murphy of D.T. Murphy & Co. brokered the transaction.

08/02/2021 08/16/2021 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.