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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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. 

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.

08/04/2021 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.

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. 

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. 

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.

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 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.

09/27/2021 10/09/2021 Jeff Schmitt Auto Group Dennis Valentine Jeff Schmitt Buick-GMC Valentine Buick-GMC in Fairborn, Ohio
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.

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. 

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.

09/27/2021 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
09/08/2021 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. 

09/13/2021 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.

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.

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.

09/15/2021 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.

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.

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.
09/03/2021 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.

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.

08/26/2021 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.

08/23/2021 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.

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.

08/23/2021 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.

12/11/2020 09/15/2021 Ciocca Dealerships Charlie Kerbeck, George Kerbeck and Frank Kerbeck Ciocca Subaru of Pleasantville Kerbeck Subaru in Pleasantville, N.J.
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. 
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.
07/28/2021 09/15/2021 Alex Tovstanovsky Junge Automotive Group, owned by Jason Junge and Gary Junge Sky Automall Junge Center Point, a Ford-Chrysler-Dodge-Jeep-Ram store in Center Point, Iowa

Tovstanovsky and his family own a used-vehicle business, Prestige Motor Works, in Naperville, Ill. Arenson Law Group in Cedar Rapids, Iowa, represented the seller in the transaction, while Chicago lawyer Ira Levin represented the buyer. 

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 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.

07/27/2021 09/14/2021 Yan Chertok and Arthur Boguslavskiy of Dunhill Auto Group Jimmy Berg Sunrise Chevrolet in Forest Hills, N.Y.

This is Yan Chertok and Arthur Boguslavskiy’s second franchised dealership. Rob Lee of Tim Lamb Group brokered 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. 

08/17/2021 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.

12/11/2020 09/07/2021 Ciocca Dealerships Charlie Kerbeck, George Kerbeck and Frank Kerbeck Ciocca Subaru of Pleasantville Kerbeck Subaru in Pleasantville, N.J.
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.

08/10/2021 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.

08/17/2021 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.

08/12/2021 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.

07/08/2021 09/07/2021 Brad Hoffer and Josh Johnson Patsy Dunham Angola Chrysler-Dodge-Jeep-Ram Dunham Motor Sales in Angola, Ind.

Johnson is the store’s finance manager, and this is Hoffer’s first dealership purchase. Tim Wild of Tim Lamb Group represented the buyer in the transaction.

07/30/2021 09/07/2021 LaFontaine Automotive Group Signature Auto Group, owned by Joe Falzon LaFontaine Lincoln Signature Lincoln in Owosso, Mich.

This is LaFontaine’s first Lincoln outlet. The store has temporarily moved to its Ford of Flushing store in Michigan while it builds a standalone store at a new location in Genesee County, Mich. LaFontaine worked with broker Performance Brokerage Services in the transaction. 

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

Lithia did not use a broker. 

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.  

08/09/2021 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.

05/23/2021 09/01/2021 Lithia Motors Dave Farguson BMW of Sherman Oaks Center BMW in Sherman Oaks, Calif.

No broker was used in 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.

06/30/2021 08/25/2021 Umansky Automotive Group Qvale Automotive Group Porsche Livermore, Jaguar-Land Rover Livermore, Audi Livermore, Livermore Honda and Livermore Subaru in Livermore, Calif.

These are Umansky Automotive’s first dealerships in California. It also has dealerships in Mississippi, Tennessee, Wisconsin and Virginia. With the transaction, Qvale Automotive has exited California and has four rooftops in Florida. Presidio Group represented Qvale in the Livermore transaction. Umansky Automotive did not use a broker.

07/27/2021 08/25/2021 John and Bridget Carlson Fred Baker Carlson Chevrolet Baker Chevrolet in Red Springs, N.C.

This is the Carlsons’ first dealership. Performance Brokerage Services brokered the transaction.

07/06/2021 08/25/2021 John Crane Bredemann Family of Dealerships Golf Mill Chevrolet in Niles, Ill. Bredemann Chevrolet in Park Ridge, Ill.

Crane moved the Chevrolet franchise a little more than a mile north to Niles, Ill.

06/30/2021 08/18/2021 Ciocca Dealerships Charlie Kerbeck, George Kerbeck and Frank Kerbeck Ciocca Chevrolet-Buick-GMC of Atlantic City, Ciocca Corvette and Ciocca Cadillac of Atlantic City Kerbeck Chevrolet-Buick-GMC, Kerbeck Corvette and Kerbeck Cadillac of Atlantic City, all in Atlantic City, N.J.

Kerbeck’s dealership was the highest-volume Chevrolet Corvette seller in the country. Bel Air Partners, a buy-sell advisory firm in Hopewell, N.J., represented the sellers in the transaction. 

06/30/2021 08/18/2021 Kendall Automotive Group The Bjorg family Kendall Subaru of Marysville and Kendall Chevrolet of Marysville Roy Robinson Subaru and Roy Robinson Chevrolet in Marysville, Wash.

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

07/29/2021 08/16/2021 Foundation Automotive Corp., Josh Letis Jeff Baca Foundation Hyundai of Boulder Boulder Hyundai in Colorado

This is Foundation’s second Hyundai dealership and 18th store in the U.S. Josh Letis, managing partner of Foundation’s Medved Autoplex — which includes Cadillac, Chevrolet and Kia stores in Wheat Ridge, Colo., as well as Foundation Hyundai in Westminster, Colo. — will also be managing partner of the Boulder location.

05/26/2021 08/16/2021 Lahham Automotive Lithia Motors Kia of Stockton Lithia Kia of Stockton in California
05/07/2021 08/16/2021 Frank Mastrovito, dealer principal Lithia Motors Mastrovito Hyundai Carbone Hyundai in Yorkville, N.Y.
07/12/2021 08/16/2021 Lithia Motors Roger Koby Subaru of Mobile Koby Subaru in Mobile, Ala.

This store is Lithia’s first in Alabama. Haig Partners represented the seller in the transaction.

07/20/2021 08/16/2021 Adel Dealerco Jerry Kelley Advantage GMC of Adel Jerry Kelley GMC in Adel, Ga.

This is Adel Dealerco’s first dealership acquisition. Its majority owner is Orlando Rentco, and minority owners are Mark Zurales and Sandy Miller, former CEO of Budget Group Inc. Orlando Rentco owns Advantage Rent a Car. Bill Fields of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction.

07/12/2021 08/16/2021 Skyway Auto Group, owned by Phillip Pulley Hal Steinke Skyway Honda Honda of Bartlesville in Oklahoma

Ozog Consulting Group represented the seller in the transaction.

06/24/2021 08/10/2021 Steve Phillipos Marv Van Drunen and Van Drunen family Ford of Homewood Van Drunen Ford in Homewood, Ill.

Phillipos also owns Chevrolet of Homewood.

05/10/2021 08/10/2021 PSD Automotive Group Lee Partyka Hamden Chevrolet, Hamden Mazda Partyka Chevrolet, Partyka Mazda in Hamden, Conn.

Nate Klebacha of Haig Partners, a Fort Lauderdale, Fla., buy-sell firm, represented the seller in the transaction.

06/28/2021 08/10/2021 Gurley Leep Automotive Family Dave Wright Honda of Altoona Dave Wright Honda in Marshalltown, Iowa

Gurley Leep is moving the Honda franchise from Marshalltown to Altoona, Iowa, where the group plans to build a 30,000-square-foot dealership and name it Honda of Altoona. Gurley Leep estimates that the new dealership will open around July 2023.

07/26/2021 08/10/2021 Sonic Automotive Ron Bubar Grand Junction Subaru, Grand Junction Volkswagen in Colorado

This was Sonic’s first franchised dealership acquisition since November 2014. The Subaru dealership marks a return to the Japanese brand for Sonic, which last owned a Subaru dealership in 2019. Sonic now has three Volkswagen dealerships. Bubar is retiring, according to Kerrigan Advisors, which represented him in the transaction.

07/26/2021 08/10/2021 Ed Morse Automotive Group Chance Donaghe Donaghe Buick-GMC, Donaghe Ford in Greenville, Texas

With this acquisition, Ed Morse Automotive now has each of the Detroit 3 automakers represented in Texas.

05/25/2021 08/10/2021 Ken Marks Ed Morse Automotive Group Coast Buick-GMC, Coast Mazda Ed Morse Auto Plaza in Port Richey, Fla.
06/30/2021 08/10/2021 Tony Boyd Chris Williams Park Hills Chevrolet Turner Chevrolet in Park Hills, Mo.

This is Boyd’s first dealership. Turner Chevrolet previously had a Cadillac franchise, but General Motors terminated it before the transaction’s closing. Don Brown of Midwest Brokerage in St. Louis represented Williams in the transaction.

06/30/2021 08/10/2021 Yan Chertok and Arthur Boguslavskiy of Dunhill Auto Group Peruzzi Auto Group Quakertown Mitsubishi Mitsubishi of Quakertown in Pennsylvania

This is Dunhill Auto Group’s first franchised dealership. Dunhill has four used-vehicle dealerships in New Jersey, in the New York City area. Rich Weitzman of Colliers International represented Peruzzi Auto in the transaction. Aboyoun Dobbs represented Dunhill Auto as its legal counsel in the transaction.

07/08/2021 08/05/2021 Jonathan Sobel Jerry Miller of MMCO Auto Audi West Chester in West Chester, Pa., Audi Wynnewood in Wynnewood, Pa., and Porsche Conshohocken in Conshohocken, Pa.

The transaction also included Audi Service Conshohocken and the Warehouse, a used-vehicle dealership, both in Conshohocken, Pa. These are Sobel’s first dealerships in Pennsylvania. Sobel also has dealerships in New Jersey and New York.

06/30/2021 08/03/2021 David MacNeil Rimrock Auto Group, owned by John Soares and Steve Zabawa Mercedes-Benz of Billings in Montana

This is MacNeil’s first dealership. He is CEO of WeatherTech. George Pero, Alex Covino and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

07/26/2021 08/03/2021 Zeigler Auto Group Home Run Auto Group, owned by Jim Bozich and Mark Geiger Zeigler Honda of Racine, Zeigler Toyota of Racine, Zeigler Hyundai of Racine and Zeigler Subaru of Kenosha Racine Honda, Racine Toyota and Racine Hyundai, all in Mount Pleasant, Wis., and Kenosha Subaru in Wisconsin

This marks the first stores in Wisconsin for Zeigler and also its first Toyota and Hyundai dealerships.

06/30/2021 08/03/2021 David Rosenberg, Rick Bickford and Mike Bickford Kenneth Plante, Roger Plante and Steve Plante Tri-City Subaru and Tri-City Chrysler-Dodge-Jeep-Ram in Somersworth, N.H.

Rosenberg now has four dealerships. Nancy Phillips Associates represented the seller in the transaction. The seller also worked with lawyer Erik Barstow of Integral Business Counsel law firm, while the buyers worked with lawyer Bob Macdonald of Bernstein, Shur, Sawyer & Nelson. Todd Merriam of O’Connor & Drew was accountant on the transaction. 

02/10/2021 07/28/2021 Time Auto Group Carr Auto Group Beaverton Nissan Carr Nissan in Beaverton, Ore.
07/06/2021 07/27/2021 Mark Wahlberg and Jay Feldman Joe Firment Mark Wahlberg Chevrolet of Avon Joe Firment Chevrolet in Avon, Ohio

Wahlberg and Feldman are partners in several dealerships in Columbus, Ohio, area. Tim Lamb Group handled the transaction. 

06/30/2021 07/20/2021 Time Auto Group Underriner Motors Klamath Falls Subaru and Klamath Falls Honda, in Klamath Falls, Ore.

Time Auto now has five franchised dealerships in Oregon. It also owns D&C Motor Co., a used-vehicle dealership in Portland that specializes in European luxury brands. George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

06/28/2021 07/19/2021 Swickard Auto Group David Broadus Swickard Toyota Magic Toyota in Edmonds, Wash.

Mark Johnson and Mark Topping of MD Johnson represented the seller in the transaction.

06/28/2021 07/19/2021 Max Motors Dealerships Keith Orr, Trey Patterson and William Sparks Max Ford of Manhattan and Max Hyundai of Manhattan Flint Hills Ford and Flint Hills Hyundai in Manhattan, Kan.

Don Brown of Midwest Brokerage represented the buyer in the transaction, while Greg Errion Consulting represented the sellers.

06/21/2021 07/19/2021 Bob Johnson Auto Group Dorschel Automotive Group Bob Johnson Toyota, Mini of Rochester, Alfa Romeo-Maserati of Rochester, Bob Johnson Infiniti and Bob Johnson Lexus-Kia-Volkswagen-Nissan Dorschel Toyota, Mini of Rochester, Alfa Romeo-Maserati of Rochester, Dorschel Infiniti and Dorschel Lexus-Kia-Volkswagen-Nissan, all in Rochester, N.Y.

Bob Johnson said the acquisition will add $350 million in annual revenue. No broker was used in the transaction. 

06/28/2021 07/16/2021 Lithia Motors David Broadus, Erik Paulson Michael’s Toyota of Bellevue and Michael’s Subaru of Bellevue in Bellevue, Wash.

Michael’s Toyota of Bellevue is the largest Toyota store in Washington state based on new-vehicle sales. Paulson, a minority partner and general manager at both stores, is staying on as general manager. Mark Johnson and Mark Topping of MD Johnson represented Broadus.

06/09/2021 07/15/2021 Martin Management Group Ross Automotive Group El Monte Nissan Ross Nissan of El Monte in California

This is Martin Management Group’s first Nissan dealership. Martin Management has dealerships in Kentucky, Ohio, West Virginia, Tennessee, South Carolina and California. Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction.

06/16/2021 07/15/2021 McDonald Automotive Group Scott Ehrlich, John Motschall and the Ehrlich family McDonald Toyota in Greeley, McDonald Toyota of Fort Morgan and McDonald Chrysler-Dodge-Jeep-Ram of Fort Morgan Ehrlich Toyota in Greeley, Ehrlich Toyota East in Fort Morgan and Ehrlich Chrysler-Dodge-Jeep-Ram in Fort Morgan, all in Colorado

Ehrlich and Motschall were owners of the Fort Morgan stores, and the Ehrlich family was the owner of the Greeley store. Ehrlich will retain Toyota of Laramie in Wyoming. No broker was used in the transaction.

06/29/2021 07/15/2021 Swickard Auto Group Sonic Automotive Volvo Cars Southwest Houston Momentum Volvo Cars in Houston

The dealership will relocate to a nearby location. No broker was used in the transaction. 

05/07/2021 07/15/2021 Bob Johnson Auto Group The Mulvihill family Bob Johnson Buick-GMC South Patrick Buick-GMC in Henrietta, N.Y. 

No broker was used in the transaction. 

07/01/2021 07/15/2021 LaFontaine Automotive Group Ralph Thayer Automotive LaFontaine Hyundai of Livonia, LaFontaine Mazda of Livonia and LaFontaine Volkswagen of Livonia Ralph Thayer Livonia Volkswagen, Ralph Thayer Mazda and Ralph Thayer Hyundai, all in Livonia, Mich.

LaFontaine now has 25 Michigan locations. Dealer Solutions Mergers and Acquisitions represented LaFontaine in the transaction. 

05/04/2021 07/15/2021 Michael Ianelli of Integrity Auto Group World Auto Group Nissan City of Red Bank Nissan World of Red Bank in Red Bank, N.J.

Integrity Auto Group also owns Toyota City in Mamaroneck, N.Y., Hyundai City of Bay Ridge in Brooklyn, N.Y., and Genesis of Brooklyn.

06/30/2021 07/15/2021 Stuckey Automotive Joel Confer Stuckey Ford of Bellefonte Joel Confer Ford of Bellefonte in Bellefonte, Pa.

This is Stuckey Automotive’s second Ford dealership and fifth store overall. Neither party used a broker in the transaction. Confer still owns Joel Confer Toyota-BMW in State College, Pa.

06/23/2021 07/15/2021 Karl Malone Auto Group Jeff Teague Karl Malone Chevrolet-Karl Malone Toyota of El Dorado and Karl Malone Ford-Lincoln Teague Toyota-Teague Chevrolet and Teague Ford-Lincoln in El Dorado, Ark.

The Arkansas acquisitions mark the group’s first Chevrolet and Ford-Lincoln stores. Karl Malone Auto Group, owned by basketball Hall of Famer Karl Malone, also has two dealerships in Utah: Karl Malone Toyota in Draper and Karl Malone Chrysler-Dodge-Jeep-Ram in Heber City, as well as Karl Malone Toyota of Ruston in Ruston, La.  No brokers were used in the Arkansas transaction.

05/17/2021 07/15/2021 Randy Lebowitz, Jake Lebowitz and Wayne Hileman of Burlington Automotive Group Wyoming Valley Motors Audi Wyoming Valley in Wilkes-Barre, Pa.

Burlington Automotive Group now has nine dealerships, according to DCG Acquisitions, a Dave Cantin Group company. Dave Cantin and Brian Brown of DCG Acquisitions handled the transaction.

06/21/2021 07/14/2021 Lithia Motors Jack Herrin Toyota of Jackson Herrin-Gear Toyota in Jackson, Miss.

Lithia said the store would generate $95 million in annual revenues. Bill Scrivner and Mike Sims of Pinnacle Mergers & Acquisitions advised the seller in the transaction.

02/01/2021 07/14/2021 ZT Motors, automotive unit of ZT Corporate Derek Jackson Union City Chrysler-Dodge-Jeep-Ram-Fiat Don Jackson Chrysler-Dodge-Jeep-Ram-Fiat in Union City, Ga.

Joe Ozog of Ozog Consulting Group represented the seller in the transaction, while Hicks Management & Consulting Group represented the buyer. 

06/01/2021 07/12/2021 Lithia Motors Dave Farguson Acura of Sherman Oaks Center Acura in Sherman Oaks, Calif.

No broker was used in the transaction.

06/03/2021 07/12/2021 Penske Automotive Group Felix Sabates. A biography for Sabates’ Chip Ganassi Racing team also listed Terry Taylor as a dealership owner. Mercedes-Benz of South Charlotte Felix Sabates’ Mercedes-Benz South Charlotte in Pineville, N.C.

Penske said the store, in a new market for the group, is expected to generate $150 million in annual revenue. No broker was used in the transaction.

04/15/2021 07/12/2021 Tolga Batir of Grey Wolf Automotive Group Deke Damson and Bruce Park North Country Chrysler-Jeep-Dodge-Ram and North Country Ford Jerry Damson Chrysler-Jeep-Dodge-Ram and Jerry Damson Ford in Arab, Ala.

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

06/03/2021 07/12/2021 Darryl Huften and Nancy Huften James Barkhouser Apple Ford of Danville Barkhouser Ford-Lincoln in Danville, Va.

The Lincoln brand was not part of the transaction. The buyers also own Apple Ford in Lynchburg, Va. No broker was used in the transaction.

06/01/2021 07/12/2021 Conklin Cars Mark Robbins Conklin Cars of Newton Robbins Motor Co. of Newton in Kansas

Conklin has moved the Chrysler-Dodge-Jeep-Ram store to its campus in Newton, which also has Ford and Chevrolet dealerships. The company also sells Buick, GMC, Honda, Toyota and Nissan at other locations in Kansas. Robbins is retaining a Chrysler-Dodge-Jeep-Ram-Fiat dealership in Manhattan, Kan. No broker was used in the transaction.

06/21/2021 07/12/2021 Issam Ghreiwati Lithia Motors Audi Valencia in California

Kerrigan Advisors represented Lithia in the sale.