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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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
07/18/2022 08/11/2022 Fox Motors Ken Garff Automotive Group Chrysler-Dodge-Jeep-Ram of Southfield, Chrysler-Dodge-Jeep-Ram of Taylor and Cadillac of Novi Southfield Chrysler-Dodge-Jeep-Ram, Telegraph Chrysler-Dodge-Jeep-Ram in Taylor and Cadillac of Novi, all in Michigan

These were Ken Garff Automotive’s only Michigan stores. The deal also included two collision centers. Stephens Inc. was financial adviser to Ken Garff Automotive in the transaction. 

07/13/2022 08/12/2022 Lithia Motors Matt Wood, Cale Wood and Rachel Wood Elk Grove Ford in California

James Mitchell and Erin Rice of Cushman & Wakefield’s Dealership Capital Services division, along with Mike Luca of CBRE, represented the sellers in the transaction.

07/12/2022 08/12/2022 Rydell Co. Lithia Motors Rydell Toyota of Grand Forks Lithia Toyota of Grand Forks in North Dakota
07/11/2022 07/19/2022 Group 1 Automotive Holmes Auto Family Mercedes-Benz of Shreveport, Jaguar-Land Rover Shreveport and Volvo Cars Shreveport Mercedes-Benz of Shreveport, Jaguar-Land Rover Shreveport and Holmes Volvo Cars, all in Shreveport, La.

Kerrigan Advisors represented the seller in the transaction. 

07/05/2022 07/21/2022 Graham Holdings Co. and Chris Ourisman, through Graham Ourisman Automotive partnership Lustine family Toyota of Woodbridge and Ourisman Chrysler-Dodge-Jeep-Ram of Woodbridge Lustine Toyota and Lustine Chrysler-Dodge-Jeep-Ram in Woodbridge, Va.

Haig Partners represented the Lustine family in the transaction. Mike Charapp and Barrie Charapp Beaty of Mahdavi Bacon Halfhill & Young were legal advisers to the sellers.

07/01/2022 07/21/2022 Morrie’s Auto Group Randy Wilcox Morrie’s Forest Lake Chevrolet and Morrie’s Forest Lake Chrysler-Dodge-Jeep-Ram Forest Lake Chevrolet and Forest Lake Chrysler-Dodge-Jeep-Ram in Minnesota

The Jeep franchise is in its own building. Haig Partners represented the seller in the transaction.

06/28/2022 07/21/2022 DCD Automotive Holdings Group 1 Automotive Nucar Volkswagen of Norwood Volkswagen Norwood in Massachusetts
06/27/2022 07/19/2022 Lithia Motors Frank Maione Henderson Hyundai Superstore-Genesis of Henderson in Nevada

Dave Cantin and George Pero of DCG Acquisitions handled the transaction.

06/27/2022 07/20/2022 Lithia Motors Esserman family Doral Acura and Doral Volkswagen Esserman International Acura and Esserman International Volkswagen in Doral, Fla.

Haig Partners was involved in the transaction between Esserman and Lithia. 

06/27/2022 07/20/2022 Lithia Motors Bill Lehman Jr. Largo Honda in Florida City, Fla.; Doral Hyundai-Genesis and Doral Kia in Florida; and Lehman Mitsubishi, Lehman Buick-GMC, Lehman Hyundai-Genesis and Lehman Subaru, in Miami Gardens, Fla.

Haig Partners represented Lehman in the transaction. Jonathan Awner, Brenda Goerks and Hunter Carpenter of the Akerman law firm advised the sellers in the transaction, while Sarah Seedig of the Holland & Knight law firm advised the buyer. 

06/22/2022 07/26/2022 Rosenthal Automotive Organization Sussman Automotive Group Honda of Abington, Hyundai of Abington-Genesis of Willow Grove, Mazda of Abington and Acura of Abington Marty Sussman Honda in Abington, Sussman Hyundai-Genesis in Willow Grove, Sussman Mazda in Willow Grove and Sussman Acura in Jenkintown, all in Pennsylvania

The transaction also included a used-vehicle dealership. Bel Air Partners represented the seller in the transaction. 

06/22/2022 07/15/2022 Steele Auto Group Group 1 Automotive Steele South Loop Hyundai Sterling McCall Hyundai South Loop in Houston

Haig Partners represented the seller in the transaction.

06/22/2022 07/11/2022 McGovern Automotive Group Barry and Patrick Lundgren McGovern Chrysler-Dodge-Jeep-Ram Greenfield Lundgren Chrysler-Dodge-Jeep-Ram in Greenfield, Mass.

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

06/21/2022 07/15/2022 Ken Garff Automotive Group Kirk Schneider Nate Wade Subaru in Salt Lake City

Ozog Consulting Group represented Schneider in the transaction.

06/15/2022 08/11/2022 Morgan Automotive Group Charles Tomm and Jason Burhyte Ford of Clermont in Florida
06/13/2022 07/06/2022 West Herr Automotive Group Dan Richards West Herr Mazda of Canandaigua Ontario Mazda in Canandaigua, N.Y.

This is West-Herr’s first Mazda dealership.

06/07/2022 06/21/2022 Ciocca Dealerships Scott Harvey Ciocca Subaru-Kia Scott Harvey Subaru-Kia in Ewing Township, N.J.

This marks the group’s first Kia dealership and fourth Subaru store. 

06/06/2022 07/20/2022 Bud Clary Auto Group Matt Welch Bud Clary Auburn Volkswagen Auburn Volkswagen in Washington

Mark Shackelford of Performance Brokerage Services represented the seller in the transaction. Ron Coleman of the Davies Pearson law firm advised the seller, and Cliff Spencer of Lane Powell represented the buyer. 

06/06/2022 08/11/2022 Community Auto Group, owned by Roger Elswick Holmes Auto Family Holmes Honda in Shreveport and Holmes Honda Bossier City, both in Louisiana

Kerrigan Advisors represented the seller in the transaction. 

06/01/2022 07/21/2022 Sutherlin Automotive Group Morgan Automotive Group Fort Myers Genesis Genesis of Fort Myers in Florida

Sutherlin has moved the Genesis dealership to a temporary facility in Fort Myers while it builds a new building.

06/01/2022 07/06/2022 American Motors Corp. Michael Rosvold of Michael Automotive Center Blackstone Toyota, Blackstone Cadillac, Blackstone Chevrolet, Blackstone Volkswagen Michael Toyota, Michael Cadillac, Michael Chevrolet and Michael Volkswagen, all in Fresno, Calif.

Bill Scrivner of Pinnacle Mergers & Acquisitions represented Rosvold in the transaction. George Pero of DCG Acquisitions, a Dave Cantin Group company, represented the buyers in the transaction.

06/01/2022 06/21/2022 West Herr Automotive Group, Bethanne Hollis Kaiser Mark O’Connor West Herr Chevrolet of Rochester O’Connor Chevrolet in Rochester, N.Y.

Hollis Kaiser is a minority owner in the dealership.

06/01/2022 06/21/2022 Diehl Automotive Group Matthew Taylor, owner of Taylor Auto Group Diehl Kia of Hermitage Taylor Kia of Hermitage in Pennsylvania

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

06/01/2022 07/11/2022 Spitzer Management, doing business as Spitzer Autoworld Brian Wasko Spitzer Ford St. Marys and Spitzer Chevrolet-GMC St. Marys St. Marys Ford and St. Marys Chevrolet-GMC in Pennsylvania

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

05/27/2022 07/21/2022 Matthews Auto Group Fuccillo Automotive Group Matthews Kia of Schenectady and Matthews Hyundai of Schenectady Fuccillo Kia of Schenectady and Fuccillo Hyundai of Schenectady, both in New York

Fuccillo’s Lincoln dealership, located in the Hyundai store, was not part of the Matthews transaction. Bob Morris of Tim Lamb Group represented the seller in the transaction. 

05/26/2022 07/19/2022 Mario Hernandez and Teton Auto Group Guy and Lee Hawthorne Coos Bay Toyota in Oregon

Jesse Stopnitzky of Performance Brokerage Services represented the sellers in the transaction.

05/26/2022 06/29/2022 Scott Elliott and Mike Bezzoubkin Chip Banks Du Quoin Chevrolet-Buick Chip Banks Chevrolet-Buick in Du Quoin, Ill.

This is Elliott and Bezzoubkin’s first U.S. dealership. Paul Kechnie of Performance Brokerage Services represented the seller in the transaction. 

05/25/2022 06/21/2022 West Herr Automotive Group Victory Automotive Group West Herr Honda of Canandaigua Victory Honda of Ontario in Canandaigua, N.Y.
05/25/2022 06/21/2022 Diehl Automotive Group Matthew Taylor, owner of Taylor Auto Group Diehl Chevrolet of Hermitage and Diehl Toyota of Hermitage Taylor Chevrolet of Hermitage and Taylor Toyota of Hermitage in Pennsylvania

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

05/24/2022 06/21/2022 Atlantic Coast Automotive Group William Nye, owner of Nye Automotive Group Nye Buick-GMC, Nye Chevrolet, Nye Chrysler-Dodge-Jeep-Ram, Nye Ford and Nye Toyota in Oneida; and Nye Volkswagen of Rome, all in New York

Rob Lee of Tim Lamb Group handled the transaction. 

05/24/2022 07/06/2022 Gee Automotive Cos. Rocky DiChristofano and Mike DiChristofano Tucson Subaru in Arizona

This is Gee Automotive’s first dealership in Arizona. Performance Brokerage Services handled the transaction.

05/23/2022 06/13/2022 Cavender Auto Family Dale Daniels Confidence Ford of Norman and Cavender Ford of Oklahoma City Reynolds Ford of Norman and Reynolds Ford of Oklahoma City, both in Oklahoma

These are Cavender Auto Family’s first stores in Oklahoma. Chris Teape of National Business Brokers represented Daniels in the transaction.

05/23/2022 06/13/2022 Morgan Automotive Group Fuccillo Automotive Group Kia of Clermont Fuccillo Kia of Clermont in Florida

Kerrigan Advisors represented the seller in the transaction. 

05/18/2022 07/18/2022 Jackson Automotive Group Smith Auto Group Jackson Kia Cocoa Kia in Florida

Robert Bass, Gregory May and Lee Lovett of Bass Sox Mercer represented the seller in the transaction. 

05/16/2022 06/21/2022 Morgan Automotive Group Jim Browne Chrysler-Dodge-Jeep-Ram of Tampa Bay and Morgan Chevrolet of Tampa Bay Jim Browne Chrysler-Jeep-Dodge-Ram Tampa Bay and Jim Browne Chevrolet Tampa, both in Tampa, Fla.

 BofA Securities represented the seller in the transaction.

05/16/2022 07/11/2022 Geaux Automotive Group Donnie Hatcher Express Chevrolet-Buick-GMC Donnie Hatcher Chevrolet-Buick-GMC in Brownsville, Tenn.

George Chaconas and Courtney Bernhard of Performance Brokerage Services represented the seller in the transaction. Jim Cameron and JD Mason of the Cameron Worley law firm represented the seller and lawyer Carla Sibille at Lukinovich law firm represented the buyer. 

05/12/2022 07/11/2022 McGovern Automotive Group Scott Dube McGovern Route 93 Hyundai Bill Dube Hyundai in Wilmington, Mass.

Scott Dube joined McGovern Automotive as vice president of government and industry relations, and he retained an undisclosed stake in the dealership.

05/10/2022 07/15/2022 Willis Automotive Mark Hummel and the Hummel family Willis Nissan Hummel’s Nissan in Des Moines, Iowa

Paul Kechnie of Performance Brokerage Services handled the transaction. 

05/10/2022 06/13/2022 Lou Fusz Automotive Network Monica Rehkemper Lou Fusz Ford of Highland Tri Ford in Highland, Ill.

CliftonLarsonAllen represented Rehkemper in the transaction.

05/10/2022 05/20/2022 Umansky Automotive Group Bill Gatton estate Johnson City Acura and Johnson City Mazda Bill Gatton Acura and Bill Gatton Mazda in Johnson City, Tenn.
05/09/2022 06/21/2022 Carlock Automotive Group Victory Automotive Group Carlock Honda Freeway Honda in Birmingham, Ala.

Mike Sims of Pinnacle Mergers & Acquisitions handled the transaction.

05/05/2022 07/26/2022 Jay Hatfield Auto Group Bob Hart Jay Hatfield Chevrolet of Vinita Bob Hart Chevrolet in Vinita, Okla.

Performance Brokerage Services represented the seller in the transaction.

05/04/2022 06/13/2022 Jeremy Day Automotive Group Lithia Motors Great Falls Subaru Lithia Subaru of Great Falls in Montana

Sterling Mergers and Acquisitions represented Lithia in the transaction.

05/03/2022 06/29/2022 Future Automotive Group Maita Automotive Group Future Honda Maita Honda in Citrus Heights, Calif.

Kerrigan Advisors represented the seller in the transaction. 

05/02/2022 06/13/2022 Sandy Sansing Automotive Group David Blanchard and John Blanchard Sandy Sansing Chrysler-Dodge-Jeep-Ram of Foley Gulf Chrysler-Dodge-Jeep-Ram in Foley, Ala.
05/02/2022 06/13/2022 Cannon Motor Co. Estabrook Motor Co. Cannon Toyota, Cannon Ford-Lincoln of Pascagoula and Cannon Nissan in Pascagoula Estabrook Toyota in Moss Point, Estabrook Ford-Lincoln in Pascagoula and Estabrook Nissan in Pascagoula, all in Mississippi

Gerrick Wilkins of Dealer Support Network represented the buyer in the transaction. 

05/02/2022 05/23/2022 Serra Automotive Connie Holzer Serra Ford Farmington Hills Tom Holzer Ford in Farmington Hills, Mich.
05/02/2022 06/08/2022 Penske Automotive Group Terry Lee Hyundai-Genesis of Noblesville Terry Lee Hyundai-Genesis of Noblesville, Ind.

Penske said the dealership is expected to add an estimated $80 million in annual revenue. Presidio Group represented the seller in the transaction. Geoffrey Grodner and Dustin Plummer of the Mallor Grodner law firm advised Lee in the transaction.

05/01/2022 07/06/2022 American Motors Corp. Robert Zamora Volkswagen of Clovis Clovis Volkswagen in California
04/28/2022 07/06/2022 Stephanie Morris Kevin McGown Stephanie Morris Nissan of Durango Nissan of Durango in Colo.

Hicks Management & Consulting Group handled the transaction.

04/25/2022 06/13/2022 Wally Darwish of Wally’s Auto Group Fuccillo Automotive Group and Billy Fuccillo Jr. Wally’s Mitsubishi-Watertown, Wally’s Chrysler-Jeep-Dodge-Ram of Adams, Wally’s Ford of Adams, Wally’s Ford of Seneca Falls, Wally’s Nissan of Latham, Volkswagen of Schenectady, Wally’s Chrysler-Dodge-Jeep-Ram of Nelliston (please see more) Fuccillo Mitsubishi in Watertown, Fuccillo Dodge-Chrysler-Jeep-Ram in Adams, Fuccillo Ford of Adams, Fuccillo Ford of Seneca Falls, Fuccillo Nissan of Latham, Fuccillo Volkswagen of Schenectady (please see more)

More: The other old dealership names included in the sale are: Fuccillo Chrysler of Nelliston, a Chrysler-Dodge-Jeep-Ram dealership, Fuccillo Ford of Nelliston, Fuccillo Ford of East Greenbush, Fuccillo Chrysler-Jeep-Dodge-Ram of Amsterdam, all in New York. The other new names are: Wally’s Ford of Nelliston, Wally’s Ford of East Greenbush and Wally’s Chrysler-Dodge-Jeep-Ram of Amsterdam. These are Darwish’s first franchised dealerships as a full owner. As part of the transaction, he also bought property that had housed two franchised dealerships that recently closed. Darwish plans to use those locations as used-vehicle stores. Bob Morris of Tim Lamb Group represented the seller in the transaction. The transaction closed during the week of April 25, 2022. 

04/14/2022 06/21/2022 Casey Wheeler Kirk and Lorrie Jensen Liberty Chrysler-Dodge-Jeep-Ram Jensen-Wood Motor Co. in Montpelier, Idaho

Jonny Mecham of Performance Brokerage Services handled the transaction.

04/12/2022 06/21/2022 Corwin Automotive Group Arne Hoel and Ken Schofield Corwin Buick-GMC-Cadillac Reno Reno Buick-GMC-Cadillac in Nevada

Brady Schmidt and Gary Mull of National Business Brokers handled the transaction.

04/12/2022 08/11/2022 Dean Auto Group, owned by the Sherman family Coy Price Chrysler-Dodge-Jeep-Ram of Greenville Coy Price’s Lakeland Chrysler-Jeep-Dodge-Ram in Greenville, Pa.
04/11/2022 06/21/2022 Anthony Scala and Shawn Kohli of City Auto Group Mike Schlossmann and Brad Schlossmann City Chrysler-Dodge-Jeep-Ram-Fiat of Brookfield Schlossmann Dodge City Chrysler-Jeep-Ram-Fiat in Brookfield, Wis.

This is City Auto Group’s first Stellantis store and first dealership in Wisconsin.

04/11/2022 07/19/2022 Berman Auto Group Frank Mancari Berman Chrysler-Dodge-Jeep-Ram Mancari’s Chrysler-Dodge-Jeep-Ram in Oak Lawn, Ill.

Paul Kechnie of Performance Brokerage Services Inc. handled the transaction.

04/11/2022 04/25/2022 Penske Automotive Group Brecht family BMW-Mini of Escondido in California

The transaction included a collision center, and Penske said it expects the acquisition will add about $115 million in annual revenue. 

04/07/2022 06/21/2022 Max Motors Dealerships, co-owned by Bob Jacaway and Mark Muller Dan Hope Max Ford-Chrysler-Dodge-Jeep-Ram Nevada Nevada Auto Mall in Missouri

Performance Brokerage Services handled the transaction. 

04/06/2022 04/26/2022 Dick’s Auto Group Findlay Automotive Group Dick’s Chrysler-Dodge-Jeep-Ram of Wilsonville Findlay Chrysler-Dodge-Jeep-Ram Wilsonville in Oregon

Performance Brokerage Services handled the transaction.

04/06/2022 07/14/2022 Patrick O’Brien Pat O’Brien, Patrick’s father Firelands Chevrolet Vermilion Pat O’Brien Chevrolet in Vermilion, Ohio
04/05/2022 05/23/2022 Justin Henning Tony Booth of Windy Automotive Group Windy Chevrolet in Ellensburg, Wash.

Performance Brokerage Services handled the transaction.

04/05/2022 04/26/2022 Varela Auto Group Lithia Motors All Star Honda Honda of Abilene in Texas
04/04/2022 04/21/2022 Serra Automotive Russ Shelton Serra Buick-GMC Rochester Hills Shelton Buick-GMC in Rochester Hills, Mich.
04/04/2022 06/21/2022 Rosen Automotive Group Rick Francois and Ed Francois Rosen Ford Belleville Francois Ford in Belleville, Wis.

Andy Gill of Gill Automotive Group in St. Augustine, Fla., represented the sellers in the transaction. 

04/01/2022 04/25/2022 Group 1 Automotive Asbury Automotive Group Sandia Toyota Larry H. Miller Toyota Albuquerque in New Mexico
04/01/2022 06/13/2022 McGrath Family of Dealerships Mark Dreusicke and Jim Dreusicke McGrath Toyota of Iowa City Toyota of Iowa City in Iowa

Kevin Nill of Haig Partners represented the sellers in the transaction. Stephen Dietrich of the Holland & Knight law firm advised the seller while Rick Stefani of Gray Stefani & Mitvalsky advised the buyer.

04/01/2022 04/25/2022 Findlay Automotive Group Asbury Automotive Group The dealerships will be renamed Findlay Toyota Spokane and Findlay Lexus Spokane. Larry H. Miller Downtown Toyota Spokane and Larry H. Miller Lexus Spokane, both in Washington

These are the first dealerships in Washington state for the Findlay group and also its first Lexus store. 

03/31/2022 07/20/2022 Valley Auto Group Brian Tyrrell  Laramie Range Ford Tyrrell Ford in Laramie, Wyo.

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

03/31/2022 04/13/2022 Foundation Automotive Corp., Henry Pimentel Bruce Glascock, Alfred Flores and Chris Godwin Southfork Chrysler-Dodge-Jeep-Ram in Manvel, Texas

Pimentel, the store’s general manager, is staying with Foundation as managing partner and has an ownership stake. Dick Pryor of Tim Lamb Group represented the sellers in the transaction.

03/30/2022 06/13/2022 Stephens Automotive Group William Pantili, owner of Bilco Inc. Stephens Mitsubishi Pantili Mitsubishi in Princeton, W.Va.
03/30/2022 06/08/2022 Richard Osiashvili and Danny Avrutin Bob Novick and Debby Novick Bridgeton Auto Mall Bob Novick Auto Mall with Chevrolet-Buick-GMC-Cadillac and Chrysler-Dodge-Jeep-Ram dealerships in Bridgeton, N.J.

Rob Lee, director of the northeast region for Tim Lamb Group, represented the seller in the transaction.

03/28/2022 04/26/2022 Lithia Motors John Grant Desert 215 Superstore, a Chrysler-Dodge-Jeep-Ram dealership, Sahara Chrysler-Dodge-Ram and Jeep Only, all in Las Vegas
03/28/2022 08/11/2022 Rick Kelly Steve Douglas Hancock Chevrolet Douglas Chevrolet in Hancock, Md.
03/28/2022 05/23/2022 Krause Auto Group (Vernon Krause, Zack Krause and Dan Parks) Jim Clinton and Clinton family Rock Hill Ford Clinton Family Ford in Rock Hill, S.C.
03/23/2022 04/19/2022 #1 Cochran Automotive Cathy Glasgow #1 Cochran Ford Butler County Butler County Ford in Butler, Pa.
03/18/2022 04/25/2022 Paul Randazzo  Leo Lambert and John Lambert New Legacy Ford Fitzpatrick and Lambert Inc. in Dushore, Pa.

The first-time owner is a former general manager for Penske Automotive Group. Hal Feder, managing partner of Murphy Business and Financial Corp., handled the transaction. 

03/18/2022 06/21/2022 Undisclosed Canadian buyer Adam Ray, Scott Hanna and Dan Porter Capital City Ford-Toyota-Lincoln Gateway Ford-Lincoln-Toyota in Pierre, S.D.

Tim Wild and Gordie Gerbrandt of Tim Lamb Group handled the transaction. Gerbrandt confirmed the buyer is from Canada and is a first-time U.S. dealership purchaser. The parties would not disclose the buyer’s name. 

03/16/2022 04/25/2022 Key Auto Group Bob Pforte Key Chrysler-Dodge-Jeep-Ram of Marianna Bob Pforte Motors, a Chrysler-Jeep-Dodge-Ram dealership in Marianna, Fla.

Performance Brokerage Services handled the transaction. Logan Parker of Bass Sox Mercer was legal counsel to the seller, while Stephen Roberts of Hoefle, Phoenix, Gormley & Roberts advised the buyer.

03/14/2022 07/11/2022 McGovern Automotive Group Michael DiPlacido McGovern Hyundai Route 2 Route 2 Hyundai in Leominster, Mass.
03/14/2022 04/04/2022 Cardinale Automotive Group Lithia Motors CardinaleWay Chrysler-Dodge-Jeep-Ram Santa Rosa Lithia Chrysler-Dodge-Jeep-Ram-Fiat of Santa Rosa in Calif.

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

03/14/2022 04/06/2022 Corwin Automotive Group Asbury Automotive Group Corwin Toyota Colorado Springs and Corwin Toyota Boulder Larry H. Miller Liberty Toyota Colorado Springs and Larry H. Miller Toyota Boulder, both in Colorado
03/10/2022 04/26/2022 Jerry Frye and Jacob Shepherd Joe Johnson Chevrolet of Troy Joe Johnson Chevrolet in Troy, Ohio

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

03/10/2022 04/26/2022 Stephanie Morris Woody family Stephanie Morris Nissan Williams-Woody Nissan in Sedalia, Mo.

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

03/07/2022 03/21/2022 Ed Morse Automotive Group Krieger Auto Group Ed Morse Ford-Lincoln-Chrysler-Dodge-Jeep-Ram Muscatine, Ed Morse Chevrolet-Buick-GMC Muscatine and Ed Morse Chevrolet-Buick-GMC DeWitt Kriegers Ford-Lincoln-Chrysler-Dodge-Jeep-Ram in Muscatine, Kriegers Chevrolet-Buick-GMC Muscatine and Kriegers Chevrolet-Buick-GMC DeWitt, all in Iowa

These are the first Iowa dealerships for the group. The transaction included a Napa Auto Parts store. Jennifer Rafael from Dealer Solutions Mergers and Acquisitions represented the seller in the transaction. 

03/07/2022 03/21/2022 Group 1 Automotive Doug Maund and Jim DiMeo Toyota of North Austin Charles Maund Toyota in Austin, Texas
03/07/2022 08/11/2022 Red Rock Auto Group Tony and Taylor Fuoco of Fuoco Motor Co. Red Rock GMC and Red Rock Honda Fuoco GMC and Fuoco Honda in Grand Junction, Colo.
03/04/2022 04/06/2022 Ourisman Automotive Group and Robert Ourisman Jr. Sam Mansouri Ourisman Kia of Fairfax Fairfax Kia in Virginia

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

03/04/2022 06/08/2022 William Attrachi of Zak Automotive Group Tim Saurs Gallery Ford Pekin Velde Ford in Pekin, Ill.

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

03/01/2022 03/21/2022 Baxter Auto Group Asbury Automotive Group Toyota of Colorado Springs Larry H. Miller Toyota Colorado Springs in Colorado
03/01/2022 04/25/2022 Mary Jo Wheeler-Schueller and Daniel Wheeler of Wheelers Family Auto Group Charles Plach Wheelers Chevrolet-Buick Charles Automotive in Coloma, Wis.

This is Wheelers’ fifth new-vehicle dealership in Wisconsin. All are General Motors brands. 

03/01/2022 08/12/2022 Glassman Automotive Group Tom Moran Glassman Mitsubishi Art Moran Mitsubishi in Southfield, Mich.
02/28/2022 04/05/2022 Hudson Automotive Group Mitchell Family Office and operating partner JR Reihl Summerville Ford in South Carolina

John Davis of Haig Partners represented the seller in the transaction. Logan Parker and Robert Bass of Bass Sox Mercer were legal counsel to the seller, while Emily Dillow of Underwood & Roberts advised the buyer.

02/28/2022 04/25/2022 Bill Dickason Mark Abernathy Bill Dickason Chevrolet-Buick McKaig Chevrolet-Buick in Gladewater, Texas

Performance Brokerage Services advised the seller in the transaction. The purchase is the first new-car dealership for Bill Dickason as dealer principal. He’s the former platform manager for the former Southwest Kia Auto Group. Lithia Motors Inc. purchased that group in June 2021.

02/28/2022 03/21/2022 Jerry Seiner Dealerships Earnhardt Auto Centers Jerry Seiner Buick-GMC and Jerry Seiner Mazda Earnhardt Buick-GMC Las Vegas and Earnhardt Mazda Las Vegas in Nevada

Kerrigan Advisors represented the seller in the transaction. 

02/28/2022 06/13/2022 Hinderer Motor Co. Mark Beford John Hinderer Ford Beford Ford in Washington Court House, Ohio

Tim Lamb Group represented the seller.

02/24/2022 03/22/2022 Preston Automotive Group Robert Jones and Steve Boyd Preston Chrysler-Dodge-Jeep-Ram of Wilmington Brandywine Chrysler-Jeep-Dodge-Ram in Wilmington, Del.
02/23/2022 03/04/2022 Foundation Automotive Corp., Jon Oeltjen and Brad Rodgers Patterson Auto Group BMW of Wichita Falls, Foundation Cadillac-Buick-GMC Wichita Falls, Foundation Chrysler-Dodge-Jeep-Ram-Fiat Wichita Falls, Foundation Hyundai Wichita Falls and Foundation Kia Wichita Falls BMW of Wichita Falls, Patterson Buick-GMC-Cadillac, Patterson Dodge-Chrysler-Jeep-Ram-Fiat, Patterson Hyundai and Patterson Kia, all in Wichita Falls, Texas

Oeltjen, general sales manager, and Rodgers, general manager, are staying with Foundation as managing partners, and each has ownership stakes. The deal also included a used-vehicle dealership and two RV dealerships in Wichita Falls. No brokers were used in the transaction.

02/22/2022 03/18/2022 Sheehy Auto Stores George Whitlow Sheehy Lexus of Richmond Lexus of Richmond in Virginia
02/17/2022 03/16/2022 Gilchrist Automotive Stanley Auto Group Spur Chevrolet-Buick-GMC and Spur Chrysler-Dodge-Jeep-Ram Stanley Chevrolet-Buick-GMC in Gatesville and Stanley Chrysler-Dodge-Jeep-Ram Gatesville, both in Texas

Hicks Management & Consulting Group handled the transaction.

02/16/2022 04/04/2022 Ken Ganley Automotive Group Alan Steinberg Ken Ganley Kia Mentor Mentor Kia in Mentor, Ohio