DEALERSHIP BUY/SELL
This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media.
Dealership Buy/Sell
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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
Transaction Date Sort ascending | Posted Online 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 |
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05/15/2023 | 05/19/2023 | Umansky Automotive Group | Asbury Automotive Group | Acura of Austin North | David McDavid Acura of Austin in Texas | This is Umansky’s first dealership in Texas. Presidio Group represented the seller in the transaction. Katherine Frazier and Kevin Sutton of Hill Ward Henderson were legal counsel to the seller. David Porteous of Evans Petree was legal counsel to the buyer. |
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05/15/2023 | 05/19/2023 | Sutherlin Automotive Group | Mike Reinhardt and Ed Reinhardt | Toyota-Lexus of Montgomery | Reinhardt Lexus-Toyota in Montgomery, Ala. | ||
05/08/2023 | 05/19/2023 | Group 1 Automotive | John Beck and James Masten | Beck & Masten Buick-GMC North and Beck & Masten Buick-GMC South, both in Houston, and Beck & Masten Buick-GMC Coastal Bend in Robstown, Texas | Kerrigan Advisors represented the sellers in the transaction. |
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05/02/2023 | 06/02/2023 | Lou Fusz Automotive Network | Mike Abdalla of Magna Motors | Lou Fusz Mazda Evansville-Volvo Cars Evansville | Magna Motors Evansville Mazda-Volvo in Indiana | This is Lou Fusz Automotive Network’s first Volvo dealership. |
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05/01/2023 | 05/25/2023 | Leslie Doggett Industries’ Doggett Automotive Group | Joe Bob Kinsel and Craig Kinsel of Kinsel Motors and Kinsel family | Doggett Toyota of Beaumont, Doggett Ford-Lincoln of Beaumont and Doggett Mazda of Beaumont | Kinsel Toyota, Kinsel Ford-Lincoln and Kinsel Mazda, all in Beaumont, Texas | Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich and Sarah Seedig of the Holland & Knight law firm provided legal counsel to the seller, and Monica Hoenshell of Calvert Law Firm aided the buyer. |
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04/28/2023 | 05/19/2023 | Vernon Krause of Krause Auto Group | Sutherlin Automotive Group | Hyundai of Athens | Sutherlin Hyundai Athens in Georgia | Mike Sims and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller. |
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04/27/2023 | 05/19/2023 | Steve Rayman | Sutherlin Automotive Group | Steve Rayman Nissan Mall of Georgia | Sutherlin Nissan Mall of Georgia in Buford, Ga. | ||
04/27/2023 | 05/16/2023 | Morgan Automotive Group | Bill Bryan of Bill Bryan Automotive Group, with unnamed partners | Kia of Leesburg, Villages Subaru and Chrysler-Dodge-Jeep-Ram of Leesburg | Bill Bryan Kia and Bill Bryan Subaru, in Leesburg, Fla., and Bill Bryan Chrysler-Jeep-Ram in Fruitland Park, Fla. | Fred O’Halloran of MD Johnson, along with MD Johnson President Mark Johnson, represented the sellers in the transaction. Leslie Hudock represented Bryan. Robert Bass represented Morgan. |
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04/17/2023 | 05/19/2023 | Shawn Kohli and Jake Belcher | Jim Olson | Patriot Chevrolet-Buick of Sturgeon Bay, Patriot Chrysler-Dodge-Jeep-Ram Sturgeon Bay and Patriot Ford Sturgeon Bay | Jim Olson Chevrolet-Buick, Jim Olson Chrysler-Dodge-Jeep-Ram and Jim Olson Ford, all in Sturgeon Bay, Wis. | Belcher is operating partner and has an undisclosed minority stake in the three dealerships. |
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04/17/2023 | 05/19/2023 | Mike Perrin and Chuck Perrin | Sutherlin Automotive Group | Cherokee County Nissan | Sutherlin Nissan Cherokee County in Holly Springs, Ga. | Mike Sims and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller. |
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04/17/2023 | 05/19/2023 | Victory Automotive Group | Tim Castellaw | Victory Toyota-Ford Dyersburg and Victory Chrysler-Dodge-Jeep-Ram Dyersburg | Tim Castellaw Toyota of Dyersburg-Tim Castellaw Ford and Tim Castellaw Chrysler-Dodge-Jeep-Ram in Dyersburg, Tenn. | Dealer Solutions Mergers and Acquisitions represented the seller in the transaction. |
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04/17/2023 | 04/24/2023 | Flow Automotive Cos. | Umansky Automotive Group | Mercedes-Benz of Charlottesville, Flow Toyota of Charlottesville, Flow Chrysler-Dodge-Jeep-Ram of Charlottesville, Flow Honda of Charlottesville and Flow Subaru of Charlottesville | Mercedes-Benz of Charlottesville, Umansky Toyota of Charlottesville, Umansky Chrysler-Dodge-Jeep-Ram of Charlottesville, Umansky Honda of Charlottesville and Umansky Subaru of Charlottesville, all in Virginia | These are Flow Automotive’s first Mercedes-Benz and Stellantis dealerships. Presidio Group represented the buyer in the transaction. David Porteous of Evans Petree was legal counsel to the seller. G. William Joyner of Kilpatrick, Townsend & Stockton was legal counsel to the buyer. |
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04/11/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Tim Allred of Rocky Mountain Yeti Automotive Group | SouthWest Mazda | Legend Driven Mazda in Lawton, Okla. | ||
04/11/2023 | 05/16/2023 | Island Auto Group, owned by Josh Aaronson, Ron Baron and Marcello Sciarrino | Group 1 Automotive | Island Buick-GMC | Staten Island Buick-GMC in New York | ||
04/05/2023 | 05/30/2023 | Bob Loquercio and Anthony Loquercio of Bob Loquercio Auto Group | Joe O’Brien of O’Brien Auto Team | Lexus of Peoria, Peoria Toyota, Ford of Peoria | O’Brien Lexus of Peoria, O’Brien Toyota of Peoria and O’Brien Ford of Peoria, all in Illinois | Anthony Loquercio purchased a stake in just the Ford store. |
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04/04/2023 | 04/24/2023 | Ken Ganley Automotive Group | John Gilliss | Ken Ganley Kia New Port Richey | Friendly Kia in New Port Richey, Fla. | JT Taylor of Truist Securities represented the buyer in the transaction. |
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04/03/2023 | 06/02/2023 | Brady Bishop and Chip Johnson | Sonic Automotive | Bishop Maserati-Alfa Romeo of Hurst | Momentum Maserati-Alfa Romeo in Hurst, Texas | Bill Scrivner and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller. |
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04/03/2023 | 04/24/2023 | Morrie’s Auto Group | Joe Sexton and Gary Posch | Morrie’s Little Falls Chrysler-Dodge-Jeep-Ram | Brandl Motors Chrysler-Dodge-Jeep-Ram in Little Falls, Minn. | The transaction also included a used-vehicle store and a business that provides financing for wheelchair-accessible vehicles. |
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03/31/2023 | 04/24/2023 | Key Auto Group | Group 1 Automotive | Key Acura of Atlantic City | Boardwalk Acura in Egg Harbor Township, N.J. | Gershon Rosenzweig and Matt Wilkins of Performance Brokerage Services facilitated the transaction. Christine Scott was legal counsel to the seller. Stephen Roberts in Portsmouth, N.H., was legal counsel to the buyer. |
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03/30/2023 | 05/08/2023 | Tameron Gulf Coast | Lithia Motors | Tameron Subaru | Subaru of Mobile in Alabama | This is Tameron Gulf Coast’s first Subaru store. |
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03/30/2023 | 04/24/2023 | Friendship Family of Dealerships | LMP Automotive Holdings | Friendship Subaru of Beckley and Friendship Kia of Beckley | Hometown Subaru and Hometown Kia, both in Mt. Hope, W.Va. | ||
03/28/2023 | 04/07/2023 | Group 1 Automotive | Charles Winton and Pat Denson | Estero Bay Chevrolet in Florida | Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich of Holland & Knight was legal counsel to the seller. Buddy Dearman and Thomas England of Forvis were the seller’s accountants. Brian Nolen was legal counsel to the buyer. |
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03/20/2023 | 03/29/2023 | LaFontaine Automotive Group | Scott LaRiche and the LaRiche family | LaFontaine Chevrolet of Plymouth | Lou LaRiche Chevrolet in Plymouth, Mich. | ||
03/17/2023 | 03/29/2023 | Mario Murgado of Murgado Automotive Group | Paul Tamraz and Mick Austin of Motor Werks Auto Group | Motor Werks Mercedes-Benz-BMW-Porsche-Infiniti-Honda and Motor Werks Cadillac in Barrington, Ill. | |||
03/15/2023 | 05/15/2023 | Morgan Automotive Group | Potamkin Auto Group | Kendall Hyundai-Genesis of Kendall in Miami | |||
03/15/2023 | 04/07/2023 | Maguire Family of Dealerships | Ted and Tom Shepard | Maguire Ford of Canandaigua | Shepard Ford in Canandaigua, N.Y. | ||
03/13/2023 | 05/19/2023 | Manny Sedano | Rudy and Simona Erm | National City Volkswagen | South Bay Volkswagen in National City, Calif. | Jason Stopnitzky and Jonathan Forgy of Performance Brokerage Services facilitated the transaction. Lawyers Edward Siegler represented the sellers and Les Chayo represented the buyer. |
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03/13/2023 | 03/27/2023 | Swickard Auto Group | Anderson Holdings | Swickard Buick-GMC of Thousand Oaks, Swickard Chevrolet of Thousand Oaks and Cadillac of Thousand Oaks | Buick-GMC of Thousand Oaks, Chevrolet of Thousand Oaks and Cadillac of Thousand Oaks, all in California | Presidio Group represented the seller in the transaction. |
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03/13/2023 | 03/20/2023 | Fox Motors | Sam Slaughter | Fox Subaru Macomb and Fox Buick-GMC | Sellers Subaru in Macomb, Mich., and Sellers Buick-GMC in Farmington Hills, Mich. | The acquisition also included an Isuzu commercial truck center and a collision center. |
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03/09/2023 | 05/15/2023 | Lee Mehta | Patti and Larry King | Town & Country Ford | Energy Country Ford in Port Arthur, Texas | Frank O’Donnell, managing partner at Biltmore Automotive Services, represented the buyers in the transaction. Joe Ozog, president of Ozog Consulting Group in Scottsdale, Ariz., represented the sellers. |
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03/09/2023 | 03/20/2023 | Van Horn Automotive Group | David Hobbs and Greg Hobbs | Van Horn Honda of Glendale | David Hobbs Honda in Glendale, Wis. | This is Van Horn’s first Honda dealership. |
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03/07/2023 | 05/19/2023 | John and Joe Sarchione of Sarchione Automotive Group | Kevin Haasz | Sarchione Chrysler-Dodge-Jeep-Ram | Haasz Automall of Dalton in Ohio | Mark Shackelford of Performance Brokerage Services facilitated the transaction. |
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03/06/2023 | 03/20/2023 | Randy Marion Automotive Group | Gerry Wood | Randy Marion Chrysler-Dodge-Jeep-Ram of Salisbury, Randy Marion Honda and Randy Marion Kia | Gerry Wood Dodge of Salisbury, Gerry Wood Honda and Gerry Wood Kia, all in Salisbury, N.C. | These are Randy Marion’s first Honda and Kia dealerships. |
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03/01/2023 | 05/08/2023 | Goode Motor Auto Group, Graydon Funk and Kody Richardson | Steven Allwine, Karla Allwine and Mark Troupin | Juneau Chrysler-Dodge-Jeep-Ram-Subaru and Juneau Toyota-Honda-Chevrolet | Mendenhall Chrysler-Dodge-Jeep-Ram-Subaru and Mendenhall Toyota-Honda-Chevrolet, both in Juneau, Alaska | These are Goode Motor Auto’s first Alaska dealerships. Funk and Richardson have undisclosed minority stakes. The acquisition also included a Honda powersports franchise. |
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03/01/2023 | 04/24/2023 | Matt Mead | Campbell Auto Group | Nissan of Everett | Campbell Nissan of Everett in Washington | ||
03/01/2023 | 03/15/2023 | Ride Automotive Group | Michael Glasser | Marin Mazda in San Rafael, Calif. | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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03/01/2023 | 03/15/2023 | Troy Duhon of Premier Automotive Group and Anthony Legeaux | Henderson family | Premier Ford of Waveland | Charlie Henderson Ford in Waveland, Miss. | ||
02/28/2023 | 03/10/2023 | Tasca Automotive Group | Jonathan Grant, Daniel Oliveri and Jim Ingenito | Central Avenue Chrysler-Jeep-Dodge-Ram in Yonkers, N.Y. | Tasca bought a majority stake in the dealership, while Grant, Oliveri and Ingenito stayed on as partners and retained ownership stakes. |
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02/28/2023 | 03/10/2023 | Bob Nouri and Pete Shaver of Nouri/Shaver Automotive Group | Nick Worthington and Dave Karalis | BP Ford of Long Beach | Worthington Ford in Long Beach, Calif. | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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02/27/2023 | 05/19/2023 | Garber Automotive Group | Randall Farnsworth Auto Group | Garber Randall Chevrolet and Garber Randall Buick-GMC-Cadillac | Farnsworth Chevrolet and Randall Buick-GMC-Cadillac, both in Canandaigua, N.Y. | Randy Farnsworth remains an executive manager of the Chevrolet store, while Alexandra Farnsworth — Randy’s daughter — is executive manager of the Buick-GMC-Cadillac dealership. The transaction also included a collision center. |
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02/27/2023 | 05/19/2023 | Fletcher Jones Automotive Group | Dan Pennington and family and Skinner family | Fletcher Jones Toyota of Carson | Carson Toyota in California | George Pero of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. James Barone of the Ferruzo & Ferruzo law firm provided legal counsel to the seller. |
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02/22/2023 | 03/15/2023 | Troy Duhon of Premier Automotive Group and Tim Barnett | Wendell Barnette | Freedom Chevrolet | Freedom Ford of Claypool Hill in Pounding Mill, Freedom Ford of Wise and Freedom Chevrolet of Big Stone Gap, all in Virginia | The Ford dealerships were not renamed. |
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02/21/2023 | 03/20/2023 | Randy Marion Automotive Group | Church family | Randy Marion Chevrolet-Buick-GMC of West Jefferson | West Jefferson Chevrolet in North Carolina | ||
02/20/2023 | 05/19/2023 | Brian Schrimpsher | Victory Automotive Group | Victory Chrysler-Dodge-Jeep-Ram in Shallotte, N.C. | |||
02/14/2023 | 05/08/2023 | Ray Ciccolo and Anthony Bartolotti of Village Automotive Group | Richard Gill | Brigham-Gill Village Chrysler-Dodge-Jeep-Ram | Brigham-Gill Chrysler-Jeep-Dodge-Ram in Natick, Mass. | Nancy Phillips Associates represented the seller in the transaction. |
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02/13/2023 | 04/13/2023 | Ourisman Automotive Group and Robert Ourisman Jr. | Steve Ramsey | Ourisman Tri-State Ford | Ramsey Ford in Rising Sun, Md. | Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. |
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02/08/2023 | 02/21/2023 | Foundation Automotive Corp. | Bruce Glascock, Alfred Flores, Chris Godwin and Marc Wagoner | Crossroads Dodge-Chrysler-Jeep-Ram in Liberty, Texas | |||
02/06/2023 | 05/15/2023 | Manny Sedano | Roger Penske Jr. of SoCal Penske Dealer Group | Sedano Ford, Sedano Lincoln | Penske Ford La Mesa, Penske Lincoln La Mesa, in Calif. | ||
02/06/2023 | 04/10/2023 | Ed Morse Automotive Group | Bill Campbell | Ed Morse Chevrolet California | Putnam Chevrolet in California, Mo. | ||
02/06/2023 | 02/23/2023 | Molly Williams, Paul Zimmermann and Karl Zimmermann of Matick Automotive Group | Tom Moran | Matick Buick-GMC | Art Moran Buick-GMC in Southfield, Mich. | Williams is dealer operator of the store. |
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02/02/2023 | 03/15/2023 | Ride Automotive Group | Robert Bayer and Mac McKinley | Simi Valley Chrysler-Dodge-Jeep-Ram in California | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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02/01/2023 | 04/24/2023 | Friendship Family of Dealerships | Ernie Davis and Lori Davis | Friendship Hyundai of Beckley | Hyundai of Beckley in West Virginia | ||
02/01/2023 | 04/10/2023 | Team Automotive Group | Mike Addy | Team Dodge-Ram-Fiat of Myrtle Beach | Addy’s Harbor Dodge-Ram-Fiat in Myrtle Beach, S.C. | This is Team Automotive’s first dealership in South Carolina. Andy Gill of Gill Automotive Group represented the seller in the transaction. |
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02/01/2023 | 02/13/2023 | Go Auto | Al Monjazeb | Toyota-Mercedes Benz of Bellingham in Washington | This is Canadian auto retailer Go Auto’s first U.S. dealership. Rob Armstrong and Moshe Stopnitzsky of Performance Brokerage Services facilitated the transaction. |
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01/31/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Stanley Auto Group | Platinum Ford North | Stanley Ford Pilot Point in Texas | Hicks Management & Consulting Group facilitated the transaction. |
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01/31/2023 | 05/19/2023 | Bergey’s Inc. | Tony Lawrence, Maria Lawrence and Terry Lawrence | Bergey’s Subaru of Hanover | Lawrence Subaru in Hanover, Pa. | Drew Picon of DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. |
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01/31/2023 | 05/08/2023 | Jarryd Carver of Winners Circle Automotive Group | Sean Earley | Winners Circle Chrysler-Dodge-Jeep-Ram and Winners Circle Chevrolet-Buick-GMC | Franklin Chrysler-Dodge-Jeep-Ram and Franklin Chevrolet-Buick-GMC, both in Virginia | ||
01/30/2023 | 05/08/2023 | Ed Martin Automotive Group | Mary Jamerson and Pamela Hockema | Ed Martin Buick-GMC of Anderson and Ed Martin Ford | Myers Autoworld, a Buick-GMC store, and Ford Autoworld, both in Anderson, Ind. | Hockema was a minority shareholder in the stores. Jeffrey Abrams of the Taft Stettinius & Hollister law firm advised the buyer in the deal, while Geoffrey Grodner and Erick Gjerdingen of the Mallor Grodner law firm, advised the sellers. |
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01/30/2023 | 02/21/2023 | Anderson Automotive Group | William Bradshaw | Fred Anderson Honda, Fred Anderson Acura, Fred Anderson Infiniti of Greenville, Fred Anderson Mazda and Fred Anderson Chevrolet-Buick-GMC-Cadillac | Breakaway Honda, Bradshaw Acura, Bradshaw Infiniti and Bradshaw Mazda, all in Greenville, S.C., and Bradshaw Chevrolet-Buick-GMC-Cadillac of Greer in South Carolina | These are the first Honda, Acura, Infiniti and Mazda dealerships for Anderson Automotive. JT Taylor of Truist Securities represented the seller in the transaction. |
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01/26/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Tim Allred of Rocky Mountain Yeti Automotive Group | SouthWest Buick-GMC and SouthWest Honda | Legend Driven Buick-GMC and Legend Driven Honda, both in Lawton, Okla. | ||
01/25/2023 | 04/10/2023 | Del Grande Dealer Group | Findlay Automotive Group | Audi Modesto in California | This is Del Grande’s first Audi dealership. |
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01/24/2023 | 03/10/2023 | Tasca Automotive Group | Dwight McGuirk | Tasca Ford-Mazda-Subaru Yonkers | Smith-Cairns in Yonkers, N.Y. | This is Tasca’s first Subaru dealership. |
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01/23/2023 | 05/03/2023 | Brian Dorsett of Dorsett Automotive Group | Michael Tom | Dorsett Dodge-Ram | Vigo Dodge-Ram in Terre Haute, Ind. | ||
01/20/2023 | 01/25/2023 | #1 Cochran Automotive | Alexa Sweeney Blackann | #1 Cochran Chevrolet Youngstown and #1 Cochran Buick-GMC Youngstown | Sweeney Chevrolet and Sweeney Buick-GMC in Boardman, Ohio | These are #1 Cochran’s first dealerships in Ohio. |
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01/18/2023 | 05/02/2023 | John Pickett and Romaine Perkins of JRP Auto Group | Wayne Rampone Sr., Wayne Rampone Jr., and Steven Rampone | Ford of Port Jeff | Ramp Ford in Port Jefferson Station, N.Y. | Bellavia Blatt law firm provided legal counsel to the seller. |
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01/18/2023 | 02/14/2023 | Parks Automotive Group with Franchise Equity Partners | Jack and Robin Salzman | Lake Norman Chrysler-Dodge-Jeep-Ram in Cornelius and Gastonia Chrysler-Dodge-Jeep-Ram, both in North Carolina. | Haig Partners represented the sellers in the transaction. Truist Securities represented Parks Automotive Group and Franchise Equity Partners. |
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01/17/2023 | 05/02/2023 | Jeff Rosen of Rosen Automotive Group | Dorian Boyland | Rosen Honda | All-Star Honda in Greenfield, Wis. | Scott Mackie of National Business Brokers facilitated the transaction. Joseph Kayne of Hardt & Stern & Kayne law firm advised the buyer, while Kelly Meltzer of Foster Garvey law firm advised the seller. |
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01/17/2023 | 02/21/2023 | Shawn Kohli | Jeff Helms | Patriot Lincoln of Davenport | Strieter Motor Co. in Davenport, Iowa | Paul Kechnie and Mark Shackelford of Performance Brokerage Services handled the transaction. |
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01/09/2023 | 04/24/2023 | Key Auto Group | Matt DePrimo | Key Ford of Exeter and Key Ford of Hazleton | Barber Ford of Exeter and Barber Ford of Hazleton, both in Pennsylvania | Gershon Rosenzweig and Matt Wilkins of Performance Brokerage Services facilitated the transaction. |
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01/09/2023 | 01/20/2023 | West Herr Automotive Group | Towne Auto Group | BMW of Buffalo, Mini of Buffalo, West Herr Volkswagen and Audi Buffalo | Towne BMW and Towne Mini in Williamsville, N.Y., and Towne Volkswagen and Audi Buffalo, in Bowmansville, N.Y. | The transaction included a collision center in Bowmansville. |
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01/09/2023 | 01/20/2023 | Brickl Cos. | Robert Weiss and Brian Musgrave of Independence Auto | Toyota of Hazleton | Independence Toyota in Hazleton, Pa. | Drew Picon, managing director of DCG Acquisitions, a Dave Cantin Group company, represented the parties in the transaction. |
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01/09/2023 | 01/20/2023 | LaFontaine Automotive Group | Pfeiffer family | LaFontaine Lincoln Grand Rapids | Pfeiffer Lincoln in Grand Rapids, Mich. | The acquisition included a wholesale parts distribution business. Mike Toth of Haig Partners, a buy-sell firm in Fort Lauderdale, Fla., represented the seller in the transaction. |
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01/05/2023 | 05/18/2023 | Matt Blatt Dealerships | Sussman Automotive Group | Matt Blatt Kia of Abington | Sussman Kia in Roslyn, Pa. | Bel Air Partners represented the seller. |
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01/03/2023 | 05/17/2023 | Carousel Motor Group, part of Pohlad Cos. | Mark Swelland and partners Gary Embretson and Jonathan Nissly | Hudson Ford in Wisconsin | The transaction included an ABRA full-service collision center and an on-site detailing center. |
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12/30/2022 | 05/17/2023 | Jed Hunter and John Paul Strong of Hunter Automotive and Meghan Hunter | Jeff Southworth | Hunter Ford | Southworth Ford in Marion, Ind. | Gary Russo of Team Russo represented the buyer, and Pinnacle Vehicle Consulting Group represented the seller in the transaction. |
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12/28/2022 | 01/10/2023 | McGovern Automotive Group | Brad York and Adam York | McGovern Ford of Saugus | York Ford in Saugus, Mass. | ||
12/20/2022 | 05/01/2023 | Michael Winding and James Makia of WindingMakia Automotive Group | Ahmed Sadek and Tarek Aly of GreenLight Automotive | Winding Chevrolet-GMC | Longstreet Chevrolet-Buick-GMC in Kingstree, S.C. | Frank O’Donnell, managing partner at Biltmore Automotive Services, represented the buyers in the transaction. Winding and Makia returned the Buick franchise. |
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12/20/2022 | 01/25/2023 | Bob Nouri and Peter Shaver of Nouri/Shaver Automotive Group | Fischer family | Costa Mesa GMC-Buick-Cadillac | Suburban GMC-Buick-Cadillac in Costa Mesa, Calif. | ||
12/19/2022 | 05/02/2023 | Open Road Capital and Rinaldi Halim | Darryl Holter and Carole Shammas | Felix Chevrolet in Los Angeles | |||
12/19/2022 | 03/06/2023 | Mike Patel and Jeff Christoffel | Penske Automotive Group | Honda Marin | Marin Honda in San Rafael, Calif. | Patel is dealer principal and majority partner while Christoffel is minority partner. Haig Partners represented the seller in the transaction. |
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12/19/2022 | 01/11/2023 | Envision Motors | Von Housen Automotive Group | Mercedes-Benz of Sacramento, Mercedes-Benz of Rocklin and Mercedes-Benz of El Dorado Hills, all in California | |||
The transaction was announced the week of Dec. 18, 2022. | 05/02/2023 | Andy Mohr Automotive Group | Fernando Falcon | Andy Mohr Chrysler-Dodge-Jeep-Ram | Champion Chrysler-Dodge-Jeep-Ram in Indianapolis | ||
12/16/2022 | 03/10/2023 | Tasca Automotive Group | Todd Crossley and Terry Miller | Gary Crossley Ford in Kansas City, Mo. | Tasca Automotive bought an undisclosed stake in the dealership. Crossley, dealer principal of the dealership, and Miller, vice president and general manager of the store, retained undisclosed stakes in the dealership. |
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12/16/2022 | 03/09/2023 | Chuck Holder | Andrea Farrell of Farrell Automotive Group | Madison Ford-Chrysler-Dodge-Jeep-Ram | Harding Ford-Chrysler-Dodge-Jeep-Ram in Madison, Ind. | Hal Feder, managing director of Murphy Business & Financial Corp. of Williamsburg, Va., brokered the transaction. |
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12/16/2022 | 02/21/2023 | Shawn Kohli | Berman Auto Group | Patriot Infiniti of Merrillville | Berman Infiniti of Merrillville in Indiana | Paul Kechnie and Mark Shackelford of Performance Brokerage Services handled the transaction. |
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12/15/2022 | 05/19/2023 | Travis Ostrom of TKO Group | Toby Sorg and Randy Sorg | Nissan of Warsaw | Sorg Nissan in Warsaw, Ind. | Jennifer Rafael of Dealer Solutions Mergers and Acquisitions handled the transaction. |
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12/15/2022 | 04/10/2023 | Victory Automotive Group | Dave Kirk | Dave Kirk Chevrolet-Buick-GMC in Crossville, Tenn. | Tim Lamb Group represented the seller in the transaction. |
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12/15/2022 | 03/07/2023 | Steve Napleton Auto Group | Hawk Auto | Napleton Ford of Oak Lawn | Hawk Ford of Oak Lawn in Illinois | Craig Hallenstein represented the buyer in the transaction. |
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12/15/2022 | 02/28/2023 | Sheree Kaplan-Allen of Kaplan Auto Group | Dwight Wissler | Rochester Volkswagen | Volkswagen of Rochester in New Hampshire | Nancy Phillips Associates represented the seller in the transaction. |
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12/15/2022 | 02/01/2023 | Martin Management Group | Car Pros Automotive Group | Volkswagen San Bernardino | Car Pros Volkswagen of San Bernardino in California | Kerrigan Advisors represented the seller in the transaction. |
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12/15/2022 | 01/03/2023 | Morgan Automotive Group | LMP Automotive Holdings | Kia of Cape Coral and Kia of Port Charlotte in Florida | |||
12/14/2022 | 04/13/2023 | Key Auto Group | Brad Tonkin and Ed Tonkin | Key Acura of Reno | Acura of Reno in Nevada | Jason Stopnitzky and Jesse Stopnitzky of Performance Brokerage Services handled the transaction. |
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12/14/2022 | 01/10/2023 | Foundation Automotive Corp. | Lonnie Cobb | Humboldt Chrysler-Dodge-Jeep-Ram in Tennessee | |||
12/14/2022 | 12/22/2022 | Jonathan Sobel of Georgica Auto Holdings | Josh Weeks | Danbury Volkswagen, Audi Danbury and Porsche Danbury, all in Connecticut | The transaction included a used-vehicle store, also in Danbury. |
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12/13/2022 | 03/01/2023 | Abel Toll of Autosaver Group | Jeff Moore | Autosaver Group’s Wells River Chevrolet | Wells River Chevrolet in Vermont | Nancy Phillips Associates represented the seller in the transaction. |
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12/12/2022 | 03/27/2023 | Great Lakes Auto Network | George Townsend | Great Lakes Honda City | Honda City in Liverpool, N.Y. | This is Great Lakes Auto Network’s first dealership in New York. |
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12/12/2022 | 02/21/2023 | Les Stanford Auto Group | Lithia Motors | Les Stanford Buick-GMC | Suburban Buick-GMC of Ferndale in Michigan | ||
12/12/2022 | 02/15/2023 | Safford Brown Automotive Group | Sam Mansouri | Safford Brown Hyundai of Fairfax | Fairfax Hyundai in Virginia | John Hyland of DCG Acquisitions, a Dave Cantin Group Company, facilitated the transaction. |
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12/12/2022 | 01/03/2023 | Cavender Auto Family | Hudiburg Auto Group | Confidence Chevrolet, Confidence Buick-GMC and Cavender Subaru of Norman | Hudiburg Chevrolet and Hudiburg Buick-GMC, both in Midwest City, and Hudiburg Subaru in Norman, all in Oklahoma | ||
12/12/2022 | 01/03/2023 | Ken Garff Automotive Group | Earnhardt Auto Centers | Ken Garff Volkswagen Gilbert and Ken Garff Kia Avondale | Earnhardt Volkswagen in Gilbert and Kia Avondale, both in Arizona | Kerrigan Advisors represented the seller in the transaction. |