DEALERSHIP BUY/SELL

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.

Mike Sims of Pinnacle Mergers and Acquisitions handled the transaction. 

Performance Brokerage Services handled the transaction.

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

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

Performance Brokerage Services handled the transaction. 

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.

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. 

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.

Ramos will be general manager of both stores.

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

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.

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. 

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

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

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

Performance Brokerage Services handled the transaction.

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

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

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

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

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

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. 

Cushman & Wakefield Dealership Capital Services advised the sellers.

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.

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

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

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

Tim Lamb Group represented the seller in the transaction.

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.

Gary Russo of Team Russo brokered the transaction. 

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.

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.

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.

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

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

Performance Brokerage Services handled the transaction.

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. 

This is Schreiber Automotive’s second dealership.

Performance Brokerage Services handled the transaction. 

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. 

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

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.

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

Nancy Phillips Associates handled the transaction.

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

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

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.

Performance Brokerage Services handled the transaction.

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

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

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

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

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.

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

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

Performance Brokerage Services handled the transaction.

Paul Kechnie of Performance Brokerage Services handled the transaction.

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

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.

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

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

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

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

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

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.

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.

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

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

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

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

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

Kerrigan Advisors represented the seller in the transaction.

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

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.  

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

This is Jim Schmidt Automotive’s third dealership.

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

Lithia did not use a broker. 

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

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

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

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