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

NEWEST OLDEST Results for 'Oldest'
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
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.

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. 

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.

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. 

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 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 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
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 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.

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.

12/12/2022 12/22/2022 Swickard Auto Group Anderson Holdings Swickard Acura of Thousand Oaks and Swickard Honda of Thousand Oaks. The other names remained the same. Acura of Thousand Oaks, Honda of Thousand Oaks, Jaguar-Land Rover Thousand Oaks, Mercedes-Benz of Thousand Oaks and Lexus of Thousand Oaks, all in California

Presidio Group represented the seller in the transaction. Swickard Auto is to buy three additional stores from the sellers in the first quarter of 2023.

12/06/2022 12/14/2022 Knight Automotive Group Lasher Auto Group Elk Grove Dodge-Chrysler-Jeep-Ram, Elk Grove Subaru, Elk Grove Acura, Audi Elk Grove, Elk Grove Volkswagen Elk Grove Dodge-Chrysler-Jeep-Ram, Elk Grove Subaru, Elk Grove Acura, Elk Grove Audi-Volkswagen, all in California

Kerrigan Advisers represented Lasher Auto in the sale. Stephen Dietrich, Sarah Seeding and Karl Lott of Holland & Knight were legal counsel to the seller. David Meyer, Gus Paras and Hen Amir were legal counsel to the buyer.

12/05/2022 01/03/2023 Hudson Automotive Group Asbury Automotive Group  Greensboro Acura, BMW of Greensboro, Greensboro Chrysler-Dodge-Jeep-Ram, Greensboro Honda, Greensboro Nissan, Volvo Cars Greensboro, Fayetteville Dodge-Ram, Liberty Ford of Fayetteville and Southpoint Honda Crown Acura, Crown BMW, Crown Chrysler-Dodge-Jeep-Ram, Crown Honda Greensboro, Crown Nissan and Crown Volvo, all in Greensboro, N.C.; Crown Dodge-Ram of Fayetteville and Crown Ford, both in Fayetteville, N.C.; and Crown Honda of Southpoint, in Durham, N.C
12/05/2022 01/03/2023 Lithia Motors Aleks Vekselberg Ferrari of Denver

The dealership also sells Bentley, Lotus, Karma, Morgan, Rimac, Pininfarina and SSC vehicles. Pinnacle Mergers & Acquisitions represented Lithia in the transaction.

Pikes Peak Acura and Colorado Springs Dodge were acquired on Dec. 5, while Brandon Dodge on Broadway and City Auto Plaza were purchased on Dec. 8. 12/21/2022 AutoNation Moreland Auto Group AutoNation Dodge-Ram Broadway, AutoNation Dodge-Ram Colorado Springs, AutoNation Acura Colorado Springs and AutoNation Chrysler-Dodge-Jeep-Ram Cañon City Brandon Dodge on Broadway, a Dodge-Ram store in Littleton; Colorado Springs Dodge, a Dodge-Ram store; Pikes Peak Acura in Colorado Springs; and City Auto Plaza, a Chrysler-Dodge-Jeep-Ram store in Cañon City, all in Colorado

Moreland Auto is owned by Doug Moreland and partners. Moreland said his partners are Alex Jannicelli at City Auto Plaza, Carl Ventsam at the Acura store and Colorado Springs Dodge, his son, Brandon Moreland, and family at Brandon Dodge, and James Jannicelli at Colorado Springs Dodge and the Acura dealership. AutoNation said the acquisition was expected to add $320 million in annual revenue. W.G. Nielsen & Co. was a financial adviser to Moreland Auto in the transaction. 

12/01/2022 01/26/2023 Tom Pettijohn of Pettijohn Auto Center Brent Wyant Pettijohn Ford of Trenton Barnes-Baker Motors in Trenton, Mo. The transaction included an off-road vehicles store.
12/01/2022 01/11/2023 Maroone USA and Oscar Cano McCaddon family Mike Maroone Cadillac-Buick-GMC McCaddon Cadillac-Buick-GMC in Boulder, Colo.

Cano is president and operating partner of the store.

12/01/2022 01/03/2023 Group 1 Automotive The dealership appears to have been owned by Caliber Motors. Mercedes-Benz of Anaheim in California
11/22/2022 01/11/2023 Alpha Auto Group Scott Biehl and Triunity Automotive Group Mercedes-Benz of Fresno in California

Presidio Group represented the sellers in the transaction. Richard Rasmussen with the Lagerlof law firm provided legal counsel to the seller and J. Gregory Humphries with Shutts & Bowen law firm assisted the buyer.  

11/16/2022 12/14/2022 Brandon Steven Motors Jerry Heuer and Hani Nassif Carson Hyundai Win Hyundai in Carson, Calif.

Jason Stopnitzky of Performance Brokerage Services brokered the transaction.

11/16/2022 12/14/2022 Bob Nouri and Pete Shaver Jerry Heuer and Hani Nassif Chevrolet of Carson Win Chevrolet in Carson, Calif.

Jason Stopnitzky of Performance Brokerage Services brokered the transaction.

11/16/2022 11/30/2022 Lithia Motors Kyle Hunter and Laura Hunter Meador Chrysler-Dodge-Jeep-Ram Meador Dodge-Chrysler-Jeep-Ram in Fort Worth, Texas
11/14/2022 12/14/2022 Shelly Shane, Stephen Shane, Seth Severin and Kevin Chernikoff Lithia Motors Chevrolet of Clinton Suburban Chevrolet in Clinton, Mich.
11/11/2022 01/26/2023 Aman Abraham of Addis Automotive Group Joe Caso Frontier Toyota in Valencia, Calif. This is Abraham’s first dealership.
11/11/2022 01/03/2023 Morgan Automotive Group Ken Marks Tallahassee Chrysler-Dodge-Jeep-Ram-Fiat Tallahassee Dodge-Chrysler-Jeep-Ram, which also sold Fiat vehicles, in Florida
11/09/2022 01/20/2023 Mike Terry of Mike Terry Auto Group Nancy Wilkinson Mike Terry Chevrolet Wilkinson Chevrolet in Refugio, Texas
11/08/2022 11/23/2022 Ken Ganley Cos. Matthew Taylor Ken Ganley Kia Boardman and Ken Ganley Kia Alliance Taylor Kia of Boardman and Taylor Kia of Alliance, both in Ohio

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

11/07/2022 01/25/2023 Dawud Muhammad ZT Motors, automotive unit of ZT Corporate Chrysler-Dodge-Jeep-Ram of Elizabethton and Ford of Elizabethton Happy Valley Chrysler-Dodge-Jeep-Ram and Happy Valley Ford in Elizabethton, Tenn.

Bob Morris of Tim Lamb Group represented the seller.

11/07/2022 12/07/2022 Nathan Oh Lithia Motors OH Acura of Temecula DCH Acura of Temecula in California

George Pero of DCG Acquisitions handled the transaction.

11/07/2022 11/23/2022 McGovern Automotive Group Dan O’Brien of Dan O'Brien Auto Group McGovern Kia of Norwood Dan O’Brien Kia Norwood in Massachusetts

This is McGovern’s first Kia dealership. Nancy Phillips Associates represented the seller in the transaction.

11/07/2022 11/22/2022 Safford Automotive Group Brown Automotive Group Safford Brown Toyota Glen Burnie, Safford Brown Honda Glen Burnie, Performance Motorcars, Safford Brown Honda Arlington, Safford Brown Mazda Alexandria, Safford Brown Mazda Chantilly, Safford Brown Nissan Sterling (please see more) Brown’s Toyota of Glen Burnie, Brown’s Honda City, Brown’s Performance Motorcars, a muscle and classic car dealership, all in Glen Burnie, Md., Brown’s Arlington Honda, Brown’s Alexandria Mazda, Brown’s Chantilly Mazda (please see more)

The other old dealership names included in the sale are: Brown’s Dulles Nissan, Brown’s Fairfax Mazda, Brown’s Fairfax Nissan, Brown’s Leesburg Hyundai, Brown’s Manassas Hyundai, Brown’s Manassas Kia, Brown’s Manassas Subaru, Brown’s Chrysler-Dodge-Jeep-Ram in Sterling, Brown’s Richmond Volkswagen, Virginia Auto Outlet, a used-vehicle dealership in Amherst, all in Virginia. 

The other new names are: Safford Brown Mazda Fairfax, Safford Brown Nissan Fairfax, Safford Brown Hyundai Leesburg, Safford Brown Hyundai Manassas, Safford Brown Kia Manassas, Safford Brown Subaru Manassas, Safford Brown Chrysler-Dodge-Jeep-Ram, Safford Brown Volkswagen Richmond and Virginia Auto Outlet.

James Mitchell and Erin Rice of Cushman & Wakefield Dealership Capital Services advised the seller.

11/01/2022 12/22/2022 Hertrich Family of Automobile Dealerships Porter Automotive Group Hertrich Nissan of Newark and Hertrich Infiniti of Newark Porter Nissan and Porter Infiniti in Newark, Del.

The transaction also included a collision center.

10/31/2022 12/14/2022 Jose Cazares and Lee Schreiber John Reichert Woodstock Chevrolet Reichert Chevrolet-Buick in Woodstock, Ill.

The Buick brand will cease operations at the store in up to 120 days, under a termination agreement with General Motors.

10/31/2022 11/16/2022 Serra Automotive Criscuolo family Serra Lexus Lansing Lexus of Lansing in Michigan

This is Serra’s first Lexus dealership. Kerrigan Advisors represented the sellers in the transaction.

10/31/2022 11/16/2022 Germain Automotive Partnership Criscuolo family Germain Lexus of Ann Arbor, Germain Toyota of Dundee and Spartan Toyota Lexus of Ann Arbor, Wolverine Toyota in Dundee and Spartan Toyota in Lansing, all in Michigan

These are Germain Automotive Partnership’s first dealerships in Michigan. Kerrigan Advisors represented the sellers in the transaction.

10/27/2022 01/11/2023 Gerry Raymond of Gerry Raymond Automotive William Kelly Gerry Raymond Chrysler-Dodge-Jeep-Ram of Brookville Kelly Chrysler-Jeep-Dodge-Ram in Brookville, Pa.

Drew Picon of DCG Acquisitions, a Dave Cantin Group company, said he represented both buyer and seller in the transaction. Peter Bauer of Peter Bauer Dealer Law counseled the seller in the deal, while Johnnie Brown of Pullin, Fowler, Flanagan, Brown & Poe worked with the buyer. 

10/27/2022 12/22/2022 Troncalli Automotive Group Jimmy Bailey Jefferson Ford in Georgia

Andy Gill of Gill Automotive Group represented the seller in the transaction.

10/26/2022 11/16/2022 Maguire Family of Dealerships Billy Fuccillo Jr. of Fuccillo Automotive Group Maguire Chevrolet of Grand Island, Maguire Toyota of Grand Island and Maguire Hyundai of Grand Island Fuccillo Chevrolet of Grand Island; Fuccillo Toyota of Grand Island and Fuccillo Hyundai of Grand Island, all in New York

Bob Morris of Tim Lamb Group represented the seller.

10/24/2022 01/25/2023 #1 Cochran Automotive Thomas Automotive and an undisclosed minority partner #1 Cochran Honda Johnstown Thomas Team Honda in Johnstown, Pa.

This is #1 Cochran’s first Honda dealership.

10/20/2022 11/28/2022 McGovern Automotive Group Eric Kahn McGovern Volvo Cars Albany and Jaguar-Land Rover Albany Capital Volvo Cars of Albany in Colonie, N.Y., and Jaguar-Land Rover Albany

These are McGovern’s first Jaguar-Land Rover and Volvo dealerships. Nate Klebacha of Haig Partners represented Kahn in the transaction, while Robert Bass of Bass Sox Mercer was legal counsel to the seller.

10/19/2022 01/20/2023 Rachel Bachrodt and family business Peter Steinhauer, Rick Schwandt and Tim Seiler Bachrodt Baraboo Motors Baraboo Motors Group, a Chrysler-Dodge-Jeep-Ram store in Baraboo, Wis.

This is the first Wisconsin dealership for Bachrodt. The transaction was facilitated by Paul Kechnie and Mark Shackelford of Performance Brokerage Services. 

10/18/2022 10/25/2022 Tasca Automotive Group LMP Automotive Holdings Tasca Chrysler-Dodge-Jeep-Ram of White Plains White Plains Chrysler-Dodge-Jeep-Ram in New York

BofA Securities brokered the transaction.

10/17/2022 11/16/2022 Steele Auto Group Nyle Maxwell Steele GMC Round Rock Nyle Maxwell GMC in Round Rock, Texas
The transactions closed on Oct. 17, 20 and 28, 2022. 11/09/2022 Diehl Automotive Group Doug, David and Chip Waikem and Waikem family Diehl Ford of Massillon, Diehl Subaru of Massillon, Diehl Honda of Massillon, Diehl Mitsubishi of Massillon, Diehl Kia of Massillon and Diehl Hyundai of Massillon George Waikem Ford, Waikem Subaru, Waikem Honda, Waikem Mitsubishi, Waikem Kia and Waikem Hyundai, all in Massillon, Ohio

The transaction also included a collision center and Quick Lane facility. Kevin Nill of Haig Partners represented the seller. Charles Ringer and Robert Poklar of the Weston Hurd law firm counseled the Waikem family in the transaction. 

10/14/2022 12/14/2022 Jarryd Carver of Winners Circle Automotive Group Kyle Cambron and Michael Dalton Winners Circle Mitsubishi James River Mitsubishi in Hampton, Va.
10/10/2022 12/22/2022 Khoury Group John Reavis and Kelly Reavis Destination Ford of Brady Heart of Texas Ford in Brady, Texas

Wes Hamilton of Pinnacle Mergers & Acquisitions represented the sellers.

10/03/2022 01/20/2023 Alex Mallmann of AJM FL Corp. Napleton Automotive Group Infiniti of Macon  Napleton Infiniti of Macon in Georgia

Robert Turbyfill and Mike Lacey, managing directors at DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. 

10/03/2022 12/19/2022 Bishop Automotive Rev Benchley Bishop Buick-GMC of Clare Benchley Bros., a Buick-GMC dealership in Clare, Mich.
10/03/2022 12/14/2022 Brandon Steven Motors Ken Garff Automotive Group Honda of Reseda Hamer Honda in Reseda, Calif.
10/03/2022 10/25/2022 Lahham Automotive Lithia Motors Lodi Toyota in California

Ozog Consulting Group represented Lithia in the transaction.

10/03/2022 10/24/2022 LaFontaine Automotive Group Bill MacDonald LaFontaine Ford of St. Clair Bill MacDonald Ford
The General Motors and Subaru-Kia dealerships closed on Sept. 30, while the Mitsubishi dealership transaction closed on Oct. 20. 12/08/2022 Castle Automotive Group Gary Lang Castle Kia-Mitsubishi-Subaru McHenry and Castle Chevrolet-Buick-GMC-Cadillac McHenry Gary Lang Kia-Mitsubishi-Subaru and Gary Lang Chevrolet-Buick-GMC-Cadillac in McHenry, Ill.
09/30/2022 11/23/2022 Timbrook Automotive Rick Hamilton and Ken Shreve Chambersburg Hyundai Hamilton Hyundai in Chambersburg, Pa.

Rob Lee of Tim Lamb Group represented the seller in the transaction. 

09/29/2022 11/30/2022 Lundgren Automotive Group Stephan Maeder of Rutland Auto Group Audi Rutland-Rutland Volkswagen, Lundgren Dodge-Ram Audi Rutland-Rutland Volkswagen and Rutland Dodge-Ram, all in Vermont

Nancy Phillips Associates brokered the transaction. 

09/29/2022 11/30/2022 Jose Oliver of Oliver Family Holdings Stephan Maeder of Rutland Auto Group Oliver Subaru Rutland Subaru in Rutland, Vt.

Nancy Phillips Associates brokered the transaction.

09/26/2022 10/24/2022 Gilchrist Automotive Orr Auto Group SouthWest Toyota of Lawton Toyota of Lawton in Oklahoma

Hicks Management & Consulting Group represented the buyer and seller in the transaction.

09/22/2022 01/25/2023 Randy Marion Automotive Group  Jeff and Amy Dollar  Randy Marion Ford of West Jefferson  Ashe County Ford in West Jefferson, N.C. 
09/21/2022 01/03/2023 Terry Taylor Group 1 Automotive Rt. 128 Honda Ira Honda 128 in Reading, Mass.
09/20/2022 12/08/2022 Brian Vonderheide  Helmi Felfel of Planet Automotive Group Mountain Mitsubishi  Planet Mitsubishi Hickory in Hickory, N.C.

Robert Turbyfill and Michael Lacey of DCG Acquisitions, a Dave Cantin Group company, facilitated the sale.

09/19/2022 11/23/2022 Matt Nimey and Nimey family Lee family Matt Nimey Buick-GMC Lee Buick-GMC Trucks in Boonville, N.Y.
09/16/2022 12/14/2022 Maria Velasquez of Koncept Automotive Group Mark Hamilton Hamilton Ford in Crane, Mo.

Velasquez is owner and dealer principal of Koncept Automotive Group. Her husband, Ryan Martin, is general manager for the group. Drew Bray and Chris Teape of National Business Brokers worked with both parties in the transaction. 

09/15/2022 11/10/2022 Sheree Kaplan-Allen of Kaplan Auto Group Dan O’Brien Claremont Subaru Dan O’Brien Subaru of Claremont in New Hampshire

Nancy Phillips Associates represented the seller in the transaction.

09/15/2022 10/11/2022 David Wilson Automotive Group Lithia Motors Gardena Honda DCH Gardena Honda in California

Ozog Consulting Group represented the seller in the transaction.

09/15/2022 10/11/2022 Vanguard Automotive Group Doug Maund Vanguard Volkswagen of North Austin Charles Maund Volkswagen in Austin, Texas
09/14/2022 11/23/2022 Dan Miller and Mark Zurales Carlos Wheeler and David Stepp MZ Chevrolet J&M Chevrolet in Zebulon, N.C.

Haig Partners represented the seller in the transaction. Eric Pridgen of the Underwood & Roberts law firm and Thurston Debnam of Smith Debnam Narron Drake Saintsing & Myers assisted Wheeler in the deal, while Michael Charapp of the Mahdavi Bacon Halfhill & Young firm assisted Miller.

09/14/2022 10/11/2022 Sutherlin Automotive Group Tim Duff Sutherlin Subaru Earl Duff Subaru in Kingston, Tenn.

George Chaconas of Performance Brokerage Services facilitated the transaction. J. Gregory Humphries, an Orlando partner with the Shutts & Bowen law firm, represented Sutherlin, while Logan Parker of Bass Sox Mercer in Tallahassee, Fla., represented Duff.

09/14/2022 10/11/2022 Harper Motors Lithia Motors Eureka Chrysler-Dodge-Jeep-Ram-Fiat Lithia Chrysler-Dodge-Jeep-Ram-Fiat of Eureka in Oregon

Ozog Consulting Group represented the seller in the transaction.

09/13/2022 12/14/2022 Maria Velasquez of Koncept Automotive Group Jack and Mike Scieszinski and family Albia Ford Albia Motor Co., a Ford dealership in Albia, Iowa

Maria Velasquez is owner of Koncept Automotive Group. Her husband, Ryan Martin, is general manager. The transaction also included the former Chariton Ford in Iowa, which is now a used-only vehicle sales and service location. Mike Scieszinski stayed on to work at the Iowa dealerships.

09/12/2022 11/16/2022 Parks Automotive Group Gary Duncan Parks Acura Roanoke, BMW of Roanoke and Audi Roanoke Duncan Acura, BMW Roanoke and Audi Roanoke, all in Virginia

Bob Morris of Tim Lamb Group represented the seller in the transaction.

09/12/2022 10/11/2022 Lithia Motors Wilde Automotive Group Wilde East Towne Honda in Madison, Wis., Wilde Toyota in West Allis, Wis., and Wilde Chrysler-Dodge-Jeep-Ram, Wilde Subaru and Wilde Honda, all in Waukesha, Wis.
09/01/2022 11/23/2022 Ken Ganley Cos. Mike Wood Ken Ganley Kia Clarksburg Freedom Kia of Clarksburg in Bridgeport, W.Va.

This is Ken Ganley Cos.’ first dealership in West Virginia.

09/01/2022 09/23/2022 Clay Carlock and Carlock Automotive Group Rogelio Tovar of Gulf Coast Auto Group Audi Mobile, Porsche Mobile and Volkswagen-Volvo Cars Mobile, all in Mobile, Ala.

George Chaconas, the Southeast partner of Performance Brokerage Services, facilitated the transaction. Stephen Dietrich of the Holland & Knight law firm and Phil Villegas of Axiom Advisors represented Tovar, while Jimmy Duckworth of the Duckworth Law Firm worked with Carlock Automotive. 

08/31/2022 10/25/2022 Price Simms Family Dealerships Victory Automotive Group Downtown Ford Sacramento and Downtown Ford Commercial Center Harrold Ford and Downtown Ford in Sacramento
08/30/2022 09/26/2022 Foundation Automotive Corp. Patterson Auto Group Mercedes-Benz of Wichita Falls in Texas
08/30/2022 09/23/2022 DARCARS Automotive Group AutoNation DARCARS BMW of Mt. Kisco BMW Mount Kisco in New York

This is the first BMW dealership for DARCARS. 

08/29/2022 01/26/2023 Terry Taylor, owner of Automotive Management Services Janet Feliciano, John Grifonetti,and John Geraci Route 1 Hyundai-Genesis of Brunswick Hyundai-Genesis of South Brunswick in Monmouth Junction, N.J. Bob Morris of Tim Lamb Group represented the seller in the transaction.
08/29/2022 09/13/2022 LaFontaine Automotive Group Rob Keller LaFontaine Ford of Grand Rapids Keller Ford in Grand Rapids, Mich.

This is LaFontaine’s first dealership in West Michigan.

08/24/2022 09/13/2022 Carter Myers Automotive Craft Automotive Group CMA’s Honda of Lynchburg, CMA’s Chrysler-Dodge-Jeep-Ram of Lynchburg and CMA’s Hyundai of Lynchburg Billy Craft Honda, Billy Craft Chrysler-Dodge-Jeep-Ram and Craft Hyundai, all in Lynchburg, Va.
08/23/2022 12/14/2022 Brandon Steven Motors Wayne Minor of Sterling Motors Ventura Jaguar-Land Rover in Ventura, Calif.

Mike Sims of Pinnacle Mergers & Acquisitions represented the seller.

08/22/2022 11/16/2022 Step One Automotive Group Walt Massey Auto Group Nissan Andalusia, Chrysler-Dodge-Jeep-Ram Andalusia Walt Massey Nissan, Walt Massey Chrysler-Dodge-Jeep-Ram, in Andalusia, Ala.
08/22/2022 10/14/2022 Swickard Auto Group John Elway, Mitch Pierce, Dan Grubb and Paxton Gagnet John Elway’s Crown Toyota in Ontario, Calif.

Elway, Pierce, Grubb and Gagnet collectively retained 10 percent of the dealership while Gagnet is staying on as the store’s general manager. Haig Partners represented the sellers in the transaction. James Barone of Ferruzzo and Ferruzzo was legal counsel to the seller, while Michael Fletcher of Tonkon Torp advised the buyer. 

08/18/2022 10/24/2022 Max Motors Dealerships J. Rob Swafford and family Max Ford of Richmond Swafford’s Ford Sales in Richmond, Mo.
08/18/2022 09/28/2022 Time Auto Group Dorian Boyland and Daniel Kaiser Chrysler-Dodge-Jeep-Ram of Gresham Gresham Chrysler-Dodge-Jeep-Ram in Oregon

Moshe Stopnitzky and Jason Stopnitzky of Performance Brokerage Services handled the transaction.

08/18/2022 09/12/2022 Preston Automotive Group Bill Holden Sr., Carolie Holden and Bill Holden Jr. Preston Chrysler-Dodge-Jeep-Ram of Dover Holden Dodge-Chrysler-Jeep-Ram in Dover, Del.
08/17/2022 10/24/2022 Charles Burton and MJ Lofland of i.g. Burton Auto Group Gary Hendrixson Sr. and Gary Hendrixson Jr. i.g. Burton Chrysler-Dodge-Jeep-Ram of Newark Newark Chrysler-Jeep-Dodge-Ram in Delaware

Gershon Rosenzweig and Matt Wilkins of the Northeast region of Performance Brokerage Services facilitated the transaction.

08/16/2022 10/11/2022 Dennis & Co. Auto Group Bernie Moreno and Oleg Kislyansky Infiniti of Coral Gables in Florida

Stevan LaBonte of LaBonte Law Group represented Dennis & Co. in the sale, while Willie Beck of Bel Air Partners, represented Moreno.

08/16/2022 09/28/2022 Heritage Auto Group and Jon Weese Vince and Tony Tomassi Heritage Chevrolet-Buick-GMC of Diamondville and Heritage Ford of Diamondville E & L Motors, a Chevrolet-Buick-GMC store, and Frontier Ford, both in Diamondville, Wyo.

John and Johnny Mecham, Rocky Mountain partners for Performance Brokerage Services, facilitated the transaction. 

08/16/2022 09/06/2022 Morgan Automotive Group Wilde Automotive Family Honda of Sarasota, Lexus of Sarasota and Jaguar-Land Rover Sarasota Wilde Honda Sarasota, Wilde Lexus Sarasota and Wilde Jaguar-Land Rover Sarasota, all in Florida
08/15/2022 11/17/2022 Envision Motors Jon Shuken Envision Ford-Lincoln of Oxnard Vista Ford-Lincoln of Oxnard in California

DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. 

08/15/2022 10/24/2022 Nielsen Automotive Group Beyer Family Automotive Group Nielsen Ford of Morristown and Nielsen Chrysler-Dodge-Jeep-Ram of Morristown Beyer Ford and Beyer Chrysler-Dodge-Jeep-Ram, both in Morristown, N.J.

The transaction also included a fleet operations center in East Hanover, N.J. Stuart Lasser of Lasser Advisory Services said he represented the seller in the transaction but worked closely with both parties. 

08/15/2022 09/06/2022 Sonic Automotive AutoNation Audi Owings Mills in Maryland
08/12/2022 11/16/2022 Summit Automotive Partners Chris Brower Vista Nissan Nissan of Casper in Wyoming

Tim Wild of Tim Lamb Group represented the buyer in the transaction but said he worked with both parties.

08/09/2022 11/17/2022 Key Auto Group Tony Esposito Key Ford of Rockland Rockland Ford in Thomaston, Maine
08/08/2022 11/09/2022 Romeo Auto Group Vinny DeGerolamo Romeo Volkswagen of Kingston Volkswagen of Kingston in New York
08/08/2022 09/28/2022 Ciocca Dealerships Josh Kalafer and Jonathan Kalafer Ciocca Subaru of Flemington, Ciocca Infiniti of Flemington, Ciocca Chrysler-Dodge-Jeep-Ram of Flemington, Audi Flemington-Porsche of Flemington-Ciocca Volkswagen of Flemington, Ciocca Chevrolet-Buick-GMC-Cadillac of Flemington and Ciocca Ford-Lincoln of F Flemington Subaru, Flemington Infiniti, Flemington Chrysler-Jeep-Dodge-Ram, Flemington Audi-Volkswagen-Porsche, Flemington Chevrolet-Buick-GMC-Cadillac and Ditschman/Flemington Ford-Lincoln, all in New Jersey

Bel Air Partners was financial adviser to the sellers.

08/08/2022 09/12/2022 Victory Automotive Group William Kastner Jr. Kastner Honda in Napa, Calif.
08/08/2022 09/06/2022 Semersky Enterprises Brickl Cos. Audi Kirkwood in Missouri

Kevin Nill of Haig Partners represented the buyer in the transaction. Tony Karabon of DCG Acquisitions, a Dave Cantin Group company, represented the seller.

08/04/2022 11/09/2022 Kevin McGrath and Mike McGrath Jr., owners of McGrath Imports Chuck Holder McGrath Fulton Chrysler-Dodge-Jeep-Ram Fulton Chrysler-Dodge-Jeep-Ram in Missouri

Will Mulcahy is managing partner of the dealership. Hal Feder of Murphy Business & Financial Corp. represented the seller in the transaction, while Jennifer Rafael of Dealer Solutions Mergers and Acquisitions represented the buyer.