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.

NEWEST OLDEST Results for 'Oldest'
Date Posted Sort ascending Title Sort ascending Buyer Sort ascending Seller Sort ascending Dealership Name Sort ascending Dealership New Name Sort ascending Dealership Old Name Sort descending More Sort ascending
10/23/2014 Fields/Matheny Fields Auto Group Matheny family Jaguar Land Rover Jacksonville, Jacksonville, Fla.
11/05/2014 Balise/Cartwright Balise Motor Sales David Cartwright Fairfield Hyundai, Fairfield, Conn.
12/23/2013 Metro Motor/ Fields Michael Grieco Jr. of Metro Motor Group John Fields of Fields Auto Group Jaguar-Land Rover Treasure Coast, Fort Pierce, Fla.

The dealership sold about 115 vehicles in 2012. Metro Motor Group, established in 1978 in New England, in recent years has focused on expanding into Florida. Performance Brokerage Services Inc. was the adviser to the buyer.

05/09/2019 Hudson/Brinson Hudson Automotive Group Vernon and Steve Brinson Royal Honda, Metairie, La.

Haig Partners advised the seller. Steve Brinson remains a partner of the dealership.

02/04/2015 Kadre/Long Island Manuel Kadre Long Island Automotive Group Land Rover Glen Cove, Glen Cove, N.Y.; Jaguar-Land Rover Huntington, Huntington, N.Y.; and Jaguar-Land Rover Southampton, Southampton, N.Y.

Rob Lee of Tim Lamb Group advised the seller.

03/03/2017 Morgan/Scott-McRae Morgan Auto Group Scott-McRae Automotive Group Mercedes-Benz of Gainesville, Gainesville, Fla.

Brands include Mercedes-Benz, Mercedes-AMG and Smart.

11/30/2015 Khan/Leggio, Heath Alam Khan Christopher Leggio, Greg Heath Diamond Hills Auto Group, Banning, Calif.

BRANDS: Chevrolet-Buick-GMC

Performance Brokerage Services advised the buyer and seller.

11/15/2018 Showalter/Whiteside Ted Showalter Robert Whiteside Whiteside of St. Clairsville, Ohio

The dealership sells Chevrolet, Buick and GMC brands. Ted Showalter worked for his father-in-law, Robert Whiteside, for 27 years in various roles including general manager and dealership co-owner. The family considers it a second-generation purchase.

09/19/2014 AutoNation/Barrier AutoNation Jimmy Barrier Barrier Motors, Bellevue, Wash.

STORES: Mercedes-Benz of Bellevue, Barrier Audi, Barrier Porsche, Barrier Volvo

01/21/2016 Huff/Farmer, Oxmoor Duane Huff, Adam Huff Farmer H-L, Oxmoor Auto Group Hyundai of Louisville, Louisville, Ky.

Tim Wild of the Tim Lamb Group advised the buyers.

05/05/2020 McKibben, Glenbrook/Brown Doug McKibben and Glenbrook Automotive Group Robb Brown Brown Honda in Toledo, Ohio

Tim Lamb Group represented the seller in this transaction.

05/05/2020 Lia/Santoro Don Lia Angelo Santoro North Coast Subaru in Glen Cove, N.Y.

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

08/31/2017 Joerges, Holton/Landsperg Joerges family and Rick Holton Landsperg Automotive Group Erin Mills Mitsubishi, Mississauga, Ontario

Dealer Solutions North America was the adviser.

03/01/2016 Penguin/Portal Penguin Automotive Group David Portal Commerce Chevrolet-Buick, Commerce, Texas

Hicks Management was the adviser.

10/12/2018 Gosch/Group 1 Gosch Auto Group Group 1 Automotive Ford of Escondido, Calif.

Performance Brokerage Services exclusively facilitated the transaction.

10/02/2019 Lithia/Saporito, Armstead, Pierce Lithia Motors Michael Saporito, Jessie Armstead and Antonio Pierce Hazleton Honda in Hazle Township, Pa.

There was no broker in the transaction.

03/26/2014 Green/Arnlund Green Auto Group Bert Arnlund Kalispell Hyundai, Kalispell, Mont.

Performance Brokerage Services was the adviser.

06/24/2019 Graham, Ourisman/Sonic Graham Holdings and Ourisman Automotive Group Sonic Automotive Group Ourisman Honda of Tysons Corner

Cushman & Wakefield Dealership Capital Services advised the seller.

03/09/2017 Asbury/Cole, Peck Asbury Automotive Group Courtney Cox Cole and Monica Peck Hare Chevrolet, Noblesville, Ind.
10/02/2019 Rich/Farsoudi Cordelle Rich Frank Farsoudi El Cajon Mitsubishi in El Cajon, Calif.

Performance Brokerage Services exclusively handled the transaction.

06/29/2020 Kenwood/Borcherding Kenwood Dealer Group Kim Borcherding Borcherding Buick-GMC in Cincinnati, Ohio

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

04/19/2017 Straub/Constantin Straub Automotive Group Constantin Motors Elm Grove Dodge-Chrysler-Jeep-Ram, Wheeling, W.V.

Hicks Management was the adviser.

05/01/2014 Gee/McCarroll Ryan Gee of Gee Automotive McCarroll Enterprises South Tacoma Honda, Tacoma, Wash.

Performance Brokerage Services was the adviser.

12/23/2013 Penske/ Frank Smith Penske Automotive Group Inc. Frank Smith Toyota-Scion and Hyundai Frank Smith Toyota-Scion; Frank Smith Hyundai, Pharr, Texas

The two dealerships are expected to generate approximately $200 million in annual revenue. Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions were the advisers.

03/04/2015 RFJ/Vernon RFJ Auto Partners Vernon Auto Group Vernon Chevrolet-Buick-GMC-Cadillac, Vernon Ford, Vernon Dodge-Chrysler-Jeep-Ram, Vernon, Texas

Hicks Management & Consulting Group advised the buyer and seller.

01/08/2018 Toliver/Gunter Brian Toliver, Brent Toliver, and Jonathan Toliver Brent Gunter Ennis Ford, Ennis, Texas
03/03/2017 Weins/McGraw, Davies, Patsakos Weins Group Rick McGraw, Bryndon Davies and Pat Patsakos Mississauga Honda, Mississauga, Ontario

Dealer Solutions North America advised the seller.

12/22/2014 Makoff/Kalatzes John Makoff Gust Kalatzes Community Ford-Chrysler-Dodge-Jeep-Ram, Price, Utah

Performance Brokerage Services was the adviser.

01/08/2018 Gee/Lithia Gee Automotive Cos. Lithia Motors Mercedes-Benz of Spokane, Liberty Lake, Wash.

Performance Brokerage Services facilitated the transaction.

12/20/2019 Sadek, Aly/Fenters, Black Ahmed Sadek and Tarek Aly David Fenters and James Black Longstreet Chevrolet-Buick-GMC in Kingstree, S.C.

McNulty & Associates advised the buyer and seller in the transaction.

04/13/2016 Graham, Mamic/Dinsmore Jim Graham, Mike Mamic, James Graham Jr. John Dinsmore Santa Margarita Toyota, Rancho Santa Margarita, Calif.

BRANDS: Toyota, Scion

The dealership sells 898 new and 375 used vehicles a year.

12/22/2014 Smith/Dickens Phil Smith Automotive Group T. Dixon Dickens Mercedes-Benz-Porsche-Sprinter of Fayetteville, Fayetteville, N.C.

Performance Brokerage Services advised the buyer.

08/19/2013 Group 1/ Rountree Group 1 Automotive Rountree Automotive Group Rountree Ford-Lincoln, Shreveport, La.
09/09/2013 RLJ McLarty Landers/ John Eagle RLJ McLarty Landers Automotive Holdings John Eagle Automotive Group Toyota of Lewisville, Lewisville, Texas

The dealership sold approximately 3,500 new and used vehicles in 2012. It's estimated that the dealership will generate $140 million in annualized revenues.

06/02/2016 Jugdeo/Johnston, Clarke Roger Jugdeo Randy Johnston, Tony Clarke Pickering Mitsubishi, Pickering, Ontario

Dealer Solutions North America was the adviser.

07/06/2015 Nelson/Snider Dwight Nelson Blake Snider Elk Grove Kia, Elk Grove, Calif.

Phil Vogel of Vogel Strategies advised the seller.

08/17/2016 Smith/Leigh Smith Auto Group Leigh Automotive Mercedes-Benz of Tuscaloosa, Tuscaloosa, Ala.

Alan Haig and Nate Klebacha of Haig Partners advised the seller.

10/05/2018 Krause/Higginbotham Vernon Krause Dennis Higginbotham Mercedes-Benz of Myrtle Beach and BMW of Myrtle Beach, South Carolina
08/18/2016 AutoNation/Premier AutoNation Premier Collection BMW Mount Kisco, Land Rover Mount Kisco, Mount Kisco, N.Y.; Jaguar Land Rover Larchmont/New Rochelle, New Rochelle, N.Y.
03/03/2017 Gates/Lewis Denny Gates Scott and Donna Lewis Capitol Chrysler-Dodge-Jeep-Ram, Willimantic, Conn.

Joshua Teverow of Esquire Ltd. advised the buyer.

01/08/2020 City Ventures/Crowley City Ventures private equity firm Jim Crowley South County Buick-GMC in National City, Calif.

Performance Brokerage Services exclusively handled the transaction.

04/24/2015 Group 1/David Group 1 Automotive Brett David Prestige Audi, North Miami Beach, Fla.

The dealership has traditionally been ranked in the top 10 Audi dealerships in the U.S. for new-vehicle sales and is expected to generate $160 million in estimated annual revenues. Bill Scrivner of Pinnacle Mergers and Acquisitions was the adviser.

04/01/2015 Victory/McConnell Victory Automotive Group Bruce McConnell McConnell Chevrolet, McConnell Chrysler-Dodge-Jeep-Ram, Healdsburg, Calif.

Victory Automotive Group acquired the McConnell Dealer Group and its two dealerships.

Performance Brokerage Services advised the buyer in the transaction.

11/28/2016 Rose/Hollister Jim Rose Brad Hollister Tillsonburg Kia, Tillsonburg, Ontario

Dealer Solutions North America advised the seller.

08/29/2014 Group 1/Heller Group 1 Automotive Ron Heller Mercedes-Benz of Boerne, Boerne, Texas

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions were the advisers. The dealership is expected to generate $135 million in estimated annual revenues.

11/25/2014 AutoCanada/Houk, Hardy AutoCanada Walter Houk, Gerald Hardy Bridges Chevrolet-Buick-GMC, North Battleford, Saskatchewan
10/06/2016 Lithia/Carbone Lithia Motors Enessa, Alex and Joe Carbone Carbone Auto Group, Utica, N.Y.

BRANDS: BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Jeep, Nissan, Ram, Subaru and Toyota

Kerrigan Advisors advised the seller. The acquisition added 9 dealerships to Lithia’s roster. The stores will keep the Carbone name. Enessa Carbone will be a Lithia vice president, in charge of acquiring stores in the Northeast. Carbone has stores in Vermont and upstate New York.

02/18/2015 Late/Eagle Steve Late John Eagle Auto Group Aston Martin of Austin, Bentley Austin, Lotus of Austin, Rolls-Royce Motor Cars Austin, Austin, Texas

Hicks Management & Consulting Group advised the seller.

03/20/2014 Kendall/Anderson Kendall Auto Group Tom Anderson Carrera Motors (Audi, Porsche, Volkswagen and BMW), Bend, Ore.

MD Johnson advised the seller.

01/08/2020 ZT Motors/Rayman ZT Motors Steve Rayman Steve Rayman Chevrolet in Marietta, Ga.

This is ZT Motors’ first dealership in Georgia. Bob Morris of the Tim Lamb Group brokered the transaction.

03/04/2020 Victory/Blackstock Victory Automotive Group Peter and Barbara Blackstock Victory Toyota and Lexus of Monterey Peninsula, in Seaside, Calif.

The two dealerships are across the street from each other. Victory Automotive Group has more than 40 dealerships across the U.S. Mike Sims of Pinnacle Mergers and Acquisitions represented the buyer and seller in the transaction.

03/25/2015 Group 1/Baillargeon Group 1 Automotive Baillargeon Motors DFW Audi, Euless, Texas
12/16/2015 Olympic/Baker, Deblasio Olympic Motors Kent Baker, Gord Deblasio Honda Magic, Brooks, Alberta

Dealer Solutions Canada advised the sellers.

06/01/2020 Kislyansky/Cumming Oleg Kislyansky Chris Cumming Kia of Streetsboro in Ohio

Tim Lamb Group represented the seller in the transaction.

10/23/2019 City Ventures/Crowley City Ventures private equity firm Jim Crowley Subaru of El Cajon in California

Performance Brokerage Services exclusively handled the transaction.

03/24/2020 Timbrook/Barnes, Ritchie Timbrook Automotive Bill Barnes and Paul Ritchie Altoona Honda in Altoona, Pa.

Kerrigan Advisors represented the sellers in the transaction.

09/04/2015 Durant/Starnes Tom Durant Steve Starnes Red River Auto Group, Denison, Texas

FRANCHISES: Honda, Nissan, Toyota

Performance Brokerage Services advised the seller.

01/13/2020 Group 1 Automotive/Mackey, Bohlman Group 1 Automotive Don Mackey and Tom Bohlman Lexus of Santa Fe and Lexus of Albuquerque in New Mexico

The seller worked with Mark Iuppenlatz of MI Management in Colorado.

09/04/2015 KDW/Texas Automobile Leasing KDW Automotive Inc. Texas Automobile Leasing Lexus of Glendale, Glendale, Calif.

Kerrigan Advisors advised the seller.

03/11/2015 Alizadeh/Mann, Champion Glen and Steve Alizadeh of Auto Planet Group John Mann, Cam Champion

The Alizadehs acquired Performance Auto Group, which had 11 dealerships in St. Catharines and Grimsby, Ontario, selling 14 new-vehicle brands. Dealer Solutions Canada was the adviser.

06/30/2014 AutoCanada/Levac, Hammer AutoCanada Joel Levac and Dick Hammer BMW Canbec and Mini Mont Royal, Montreal

The dealerships retailed a combined 1,652 new and 713 used vehicles in 2013.

04/13/2016 Peterson/HCHT Peterson Automotive Collection HCHT Mercedes-Benz of West Chester, West Chester, Ohio

Presidio Group advised the seller.

11/05/2014 AutoSaver/Lyons AutoSaver Group Thomas Lyons Bennington Subaru, Bennington, Vt.

Nancy Phillips Associates was the adviser.

11/05/2014 AutoCanada/Stern AutoCanada Paul Stern Toronto Dodge-Chrysler, Toronto

The store sells about 220 new and 175 used vehicles a year. Dealer Solutions Canada was the adviser.

10/23/2019 Maroone, Serra Automotive, Grooms/Peebles Mike Maroone, Serra Automotive and Pat Grooms Mike Peebles Longmont Ford in Longmont, Colo.

Kerrigan Advisors represented the seller in the transaction.

03/25/2015 Sorrensen/DaSilva, Vellone Lief Sorrensen Gabriel DaSilva and Domenic Vellone West Toronto Kia, Toronto

Dealer Solutions Canada was the adviser.

02/23/2018 Rafih/Tafler, Manji Terry Rafih Brian Tafler and Izzie Manji Midtown Honda, Toronto, Ontario

Dealer Solutions advised the sale. With this transaction, the Rafih Auto Group operates and manages 19 car brands including BMW, Dodge, Ford, Buick, Chevrolet and GMC.

08/08/2019 Prime/Gallery Prime Motor Group Gallery Automotive Group

Gallery sold six stores to Prime in the Boston area: BMW Gallery Norwood, South Shore BMW, Honda Gallery, Mazda Gallery, South Shore Mini and Volkswagen Gallery. The stores are now called BMW of Norwood, South Shore BMW, Prime Honda — Boston, South Shore Mini, Prime Mazda — Norwood, and Volkswagen of Norwood. Haig Partners advised the seller. Gallery Automotive Group is a subsidiary of Marubeni America Corp.

09/24/2015 Evans/Harrigan Jim Evans Tom Harrigan Infiniti of Dayton, Dayton, Ohio
09/09/2013 IndiGO/ Desert European IndiGO Auto Group Desert European Motorcars Desert European Motorcars, Rancho Mirage, Calif. (Rolls-Royce, Bentley, Aston Martin, Jaguar, Land Rover, Porsche, Audi, Lotus and Maserati)

Desert European sold about 45 new and 28 used vehicles a month in 2012. Presidio was the adviser.

02/18/2015 SF/Hodsoll SF Auto Group William Hodsoll Durham Dodge-Chrysler, Oshawa, Ontario

Dealer Solutions Canada advised the seller in the transaction.

Brands: Dodge, Chrysler, Jeep, Ram

04/01/2014 AutoCanada/McNaught AutoCanada Gord McNaught Jr., Andrew McNaught McNaught Cadillac-Buick-GMC, Winnipeg, Manitoba

In 2013, the dealership retailed 593 new and 520 used vehicles.

07/30/2014 Carter Myers/Lewis Carter Myers Automotive Ed Lewis Staunton Nissan, Staunton Subaru, Staunton, Va. Valley Nissan, Valley Subaru
03/24/2020 JBR/Pendragon JBR Automotive Pendragon Chevrolet of Puente Hills in City of Industry, Calif.

Pendragon is selling its U.S. dealerships.

09/24/2015 Schreiber/Steenbock, Hachmeister Lee Schreiber Rick Steenbock, Jason Hachmeister Sterling Chevrolet, Sterling, Ill.

Performance Brokerage Services was the adviser.

04/25/2016 Fremont, Schmidt/Wagener, Schmidt Fremont Private Holdings, Karl Schmidt Morrie Wagener, Karl Schmidt Morrie’s Automotive Group, Minnetonka, Minn.

11 stores selling 10 brands: Cadillac, Ford, Lincoln, Nissan, Hyundai, Subaru, Mazda, Aston Martin, Bentley and Maserati; Schmidt retains his position as CEO and a stake in the group. The new owners plan to hire 100 more employees this year and to buy more stores, preferably in the Midwest.

06/03/2020 Harrison/Rstom, Nelson Harrison Corp. Mike Rstom and Gary Nelson Mankato Ford in Minnesota

Ozog Automotive Group represented the seller in the transaction.

07/23/2014 Group 1/Munday Group 1 Bill Munday Munday Chevrolet, Munday Mazda, Houston

The stores' annual revenue is expected to be $225 million.

07/30/2014 Dibre/Group 1 Patrick Dibre Group 1 Automotive Honda of Freehold, Freehold, N.J.

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions were the advisers. This dealership generated approximately $65 million in annual revenues.

04/15/2015 Baron, Aaronson, Sciarrino/Esposito, Tackett Ron Baron, David Baron, Josh Aaronson and Marcello Sciarrino Frank Esposito and Frank Tackett Hudson Kia, Jersey City, N.J.

Rob Lee of Tim Lamb Group was the adviser.

03/24/2020 Shaver/Parkinson Pete Shaver Mark Parkinson Tustin Buick-GMC in California

Performance Brokerage Services facilitated the transaction.

09/04/2015 Pajouh/Wade Jerry and Diane Pajouh Stephen Wade Courtesy Automotive Center, Chico, Calif.

FRANCHISES: BMW, Mercedes-Benz, Buick, GMC, Cadillac, Subaru, Volvo

Kirk Rimsnider of Prism Business Brokers advised the seller.

10/07/2014 Brickell/Feil Brickell Motors Feil family Ocean Cadillac, Miami Beach, Fla.

Mario Murgado, Alex Andreus and Rick Barraza are the investors behind Brickell Motors.

08/31/2017 Swickard/Mayhew Jeff Swickard Stan Mayhew BMW of Eugene, Eugene, Ore.

Performance Brokerage Services advised the seller.

08/29/2014 Morgan/Gettel Morgan Auto Group Gettel Automotive Group Volkswagen of Gainesville, Gainesville, Fla.

Performance Brokerage Services was the adviser.

09/28/2016 indiGO/Hickingbotham, Whisenhunt, Johnson indiGO Auto Group Hickingbotham family, Gene Whisenhunt, Jerry Johnson BMW of Palm Springs, Palm Springs, Calif.
02/23/2018 Yanni/DiChristofano Rami Yanni Rocky and Mike DiChristofano Volvo Cars of Tucson in Arizona

Performance Brokerage Services facilitated this transaction.

04/13/2016 Pospisil/Reynolds Tom Pospisil Darrell Reynolds Eriksen Chevrolet-Buick, Milan, Ill.

Dick Nokes Consulting advised the seller.

04/14/2016 Wilson/Knight, May Tony Wilson Randy Knight, Carey May Clarington Hyundai, Bowmanville, Ontario

Dealer Solutions Canada advised the sellers.

03/26/2020 Lithia/RPM Lithia Motors RPM Luxury Auto Sales Lexus of Sacramento and Lexus of Roseville in California

These are Lithia’s first stores in the Sacramento market and it now has 42 dealerships in California. Kerrigan Advisors represented the seller in the transaction.

05/07/2014 Larry H. Miller/Schenden Larry H. Miller Dealerships John Schenden Pro Chrysler-Jeep-Dodge-Ram, Thornton, Colo. Larry H. Miller Chrysler-Dodge-Jeep-Ram 104th
12/16/2015 Curry/Ostrow, Camastro Curry Automotive Group Michael Ostrow, Robert Camastro Mercedes-Benz of Danbury, Danbury, Conn.; Mercedes-Benz of Wappingers Falls, Wappingers Falls, N.Y.

BRANDS: Mercedes-Benz, Sprinter

Thomas J. Hayes & Associates advised the sellers.

02/18/2015 RFJ/Daniels, Knies RFJ Auto Partners Mark Daniels, Eugene Knies Bonham Chrysler-Dodge-Jeep-Ram, Bonham, Texas; Greenville Chrysler-Dodge-Jeep-Ram, Greenville, Texas; Texoma Hyundai, Sherman, Texas; Fiat of McKinney, McKinney, Texas

Hicks Management & Consulting Group advised the buyer.

08/06/2014 Lucas/Doraty Chris Lucas Bill Doraty Bill Doraty Kia, Medina, Ohio

Tim Lamb of Tim Lamb Group was the adviser. Bill Doraty Kia was the sixth-largest Kia dealer in the country in 2013.

09/04/2015 Shaker/Brandolini Shaker Auto Group James Brandolini Modern Mazda and Modern Dodge-Ram, Thomaston, Conn.

Nancy Phillips Associates was the adviser.

02/18/2015 AutoNation/Coleman AutoNation Brett Coleman Mercedes-Benz of Reno, Reno, Nev.

Haig Partners advised the seller.

02/11/2015 Penske/Miller Penske Automotive Group Miller Automobile Corp. Land Rover Darien, Darien, Conn.
03/15/2016 Metro, Grieco/Aquidneck Metro Motor Group, Grieco Automotive Group Aquidneck Autocenter BMW of Newport, Middletown, R.I.

Joshua Teverow of Esquire Ltd. advised the seller. Michael Grieco Jr. is the dealer principal of the dealership. Metro Motor Group and Grieco Automotive Group are owned by the Grieco family. The family brands most of the New England stores “Metro” and the Florida stores “Grieco.”

11/04/2015 Sullivan/Davis Mike Sullivan Ron Davis Sr. Subaru Santa Monica, Santa Monica, Calif.

Performance Brokerage Services was the adviser.

06/16/2016 Priestner/Kofoed Pat Priestner Jack Kofoed Kelowna Toyota, Kelowna, British Columbia

Dealer Solutions North America advised the seller.