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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06/01/2021 07/09/2021 Great Lakes Auto Network Bob LaRiche Great Lakes Toyota-Subaru LaRiche Toyota-Subaru in Findlay, Ohio

Toyota and Subaru are new brands for Great Lakes Auto Network, which is based in Akron, Ohio. The single-rooftop dealership is the group’s first store in western Ohio. Neither party used a broker in the transaction. Great Lakes also has two Honda dealerships, a Hyundai dealership and a Kia store.

06/01/2021 06/21/2021 Phil Long Dealerships Jeff Carlson, Steve Nilsson and Carroll Winkler Phil Long Glenwood Springs Subaru Glenwood Springs Subaru in Colorado

Winkler is staying as the store’s general manager. This is Phil Long Dealerships’ second dealership in western Colorado and marks a return to the Subaru brand. No broker was used in the transaction. 

05/28/2021 06/21/2021 Pedder Auto Group Mark Abelkop Pedder Hyundai of Poway and Pedder Chrysler-Dodge-Jeep-Ram of Poway Poway Hyundai and Poway Chrysler-Dodge-Jeep-Ram in California

Pedder Auto now has seven dealerships. Performance Brokerage Services brokered the transaction. James Barone of Ferruzzo & Ferruzzo law firm in Newport Beach, Calif., represented Pedder, while lawyer Leslie Chayo of Beverly Hills, Calif., represented Abelkop.

05/26/2021 08/16/2021 Lahham Automotive Lithia Motors Kia of Stockton Lithia Kia of Stockton in California
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.
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.

05/19/2021 06/21/2021 Tony Thomas Joseph Nolette Tony T Chrysler-Dodge-Jeep-Ram of Orangeburg Plaza Chrysler-Dodge-Jeep-Ram of Orangeburg in Orangeburg, S.C.

Performance Brokerage Services represented Nolette in the transaction. Thomas did not use a broker.

05/19/2021 06/21/2021 Foundation Automotive Corp., Josh Letis AutoNation Foundation Hyundai in Westminster, Colo. AutoNation Hyundai 104 in Northglenn, Colo.

This is Foundation Automotive Corp.’s first Hyundai dealership. The agreement required Foundation to move the Hyundai store to a different building, a former AutoNation dealership, about two miles away in Westminster, Colo. Foundation will rent the building from AutoNation. Foundation, a Canadian group, now has 20 rooftops in Canada and the U.S. Josh Letis, managing partner of the group’s Medved Autoplex — which includes Cadillac, Chevrolet and Kia stores in nearby Wheat Ridge, Colo. — will also be managing partner at the Hyundai store. Dealer Solutions Mergers and Acquisitions represented Foundation in the Hyundai transaction. AutoNation did not use a broker.

05/19/2021 06/08/2021 Zeigler Automotive Group International Autos Group Zeigler Subaru of Merrillville International Subaru of Merrillville in Merrillville, Ind.

This is Zeigler’s first Subaru dealership. Neither party used a broker. Zeigler now has 26 new-vehicle dealerships in Michigan, Illinois and Indiana. Zeigler also owns three Byrider used-vehicle stores, a preowned store in Berwyn, Ill., and a motorsports store in Kalamazoo, Mich.

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.

05/17/2021 06/21/2021 Fred Timbrook, Lee Wilson and David Ainsworth of Timbrook Automotive Lithia Motors Hazleton Honda in Hazle Township, Pa.

Lithia bought Hazleton Honda in 2019 from an ailing dealership group and expected the store to generate about $50 million in annual revenues. Timbrook Automotive has dealerships in Maryland, West Virginia, Pennsylvania and Virginia. Brian Brown and Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. 

05/17/2021 06/18/2021 Lithia Motors John Staluppi Jr. Hyundai of Las Vegas, Genesis of Las Vegas, Centennial Hyundai and ABC Hyundai, all in Las Vegas

Las Vegas is a new market for Lithia. The western region office of DCG Acquisitions, a Dave Cantin Group company, represented the seller in the transaction.

05/17/2021 06/18/2021 Lum family (David Lum, Shirley Lum, Julie Lum, Lori Lum and Pam Lum) and Justin Teubner McCurley Integrity Dealerships Walla Walla Toyota McCurley Integrity Toyota of Walla Walla in Washington

The Lum family also owns Lum’s Auto Center, a Toyota-Chrysler-Dodge-Jeep-Ram dealership in Warrenton, Ore., and Lum’s Buick-GMC-Cadillac in McMinnville, Ore. Performance Brokerage Services handled the transaction. Craig Nichols and Geoff Nichols of Nichols Law Group in Portland represented the Lum family, and Jim Aiken of Aiken Law Group in Issaquah, Wash, represented the McCurley group.

05/17/2021 06/18/2021 Bill Doraty, Stephanie Doraty and Jeff Johnson Crown Automotive Group Celebration Kia of Dublin Crown Kia of Dublin in Ohio

The buyers also have a Celebration Kia dealership in Lewis Center, Ohio. Tim Lamb Group represented the seller in the transaction.

05/12/2021 06/08/2021 Johanna Cicotte Key Auto Group Nissan of Lebanon Key Nissan of Lebanon in Lebanon, N.H.

Cicotte also owns Volvo-Volkswagen of Lebanon. Cicotte previously owned the Nissan store and sold it to Victoria Marcinkevich in 2012, according to Valley News. Nancy Phillips Associates facilitated the transaction.

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.

05/10/2021 06/18/2021 Rafih Auto Group Eitel Dahm Motor Group BMW of Rochester Hills, Audi Rochester Hills, Porsche Motor City in Eastpointe and Motor City Mini in Southfield, all in Michigan

Rafih Auto Group is based in Windsor, Ontario. The group about two years ago bought three dealerships in Ohio. No broker was used in the transaction.

05/07/2021 08/16/2021 Frank Mastrovito, dealer principal Lithia Motors Mastrovito Hyundai Carbone Hyundai in Yorkville, N.Y.
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. 

05/05/2021 06/21/2021 Stephanie Morris Jack Hodge Stephanie Morris Chevrolet James Hodge Chevrolet in Okmulgee, Okla.

This is Stephanie Morris’ first dealership acquisition. Andy Church of Dealer Solutions Mergers and Acquisitions, a buy-sell firm based in Markham, Ontario, with a U.S. office in Jupiter, Fla., represented the seller in the transaction.

05/05/2021 06/08/2021 LMP Automotive Holdings Ernie Davis and Lori Davis Hometown Subaru in Mt. Hope, W.Va.

LMP purchased an 85 percent stake in Hometown Subaru. Bob Morris of Tim Lamb Group brokered the transaction.

05/05/2021 06/07/2021 Teddy Morse of Ed Morse Automotive Group Ken Rhinehart Ed Morse Chevrolet-Buick-GMC Rolla Fairground Auto Plaza in Rolla, Mo.

Performance Brokerage Services handled the transaction for both parties. 

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.

05/04/2021 06/08/2021 Diehl Automotive Group Preston Auto Group Diehl Ford of Sharon, Diehl Hyundai Preston Ford of Sharon, Preston Hyundai of Sharon in Pennsylvania

These are Diehl Automotive’s first Ford and Hyundai stores. Diehl now has nine rooftops across western Pennsylvania and eastern Ohio. Blair Sharpe of Tim Lamb Group represented the seller in the transaction.

05/03/2021 06/30/2021 Checkered Flag Auto Group Pomoco Auto Group Checkered Flag Chrysler-Dodge-Jeep-Ram, Checkered Flag Alfa Romeo-Fiat Pomoco Chrysler-Dodge-Jeep-Ram of Newport News and Pomoco Alfa Romeo-Fiat of Newport News in Virginia

Checkered Flag, of Virginia Beach, Va., now has 11 rooftops throughout southeastern Virginia. Its portfolio also features Toyota, Honda, Hyundai, Genesis, Volkswagen, Jaguar-Land Rover, Audi, Porsche, BMW and Mini. Neither party used a broker in the Newport News transaction.

05/03/2021 06/07/2021 Teddy Morse of Ed Morse Automotive Group Larry Lindsay and Darrell Lindsay Ed Morse Chevrolet Lebanon, Ed Morse Ford Lebanon and Ed Morse Chrysler-Dodge-Jeep-Ram Saint Robert Lindsay Chevrolet and Lindsay Ford in Lebanon and Lindsay Chrysler-Dodge-Jeep-Ram in Saint Robert, all in Missouri

Performance Brokerage Services handled the transaction for both parties.

05/03/2021 06/07/2021 Larry Van Tuyl Chris Gillman Easy Honda Team Gillman Honda West in Houston

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

05/03/2021 06/07/2021 Richard Watson IV Matt Arbour and Colleen Arbour Chapleski Burt Watson Ford Dean Arbour Ford in Pinconning, Mich.

Brad Bickle of Tim Lamb Group represented the seller in the transaction.

05/03/2021 06/07/2021 HGreg.com Brown Auto Group HGreg Nissan Buena Park and HGreg Nissan Puente Hills Buena Park Nissan and Puente Hills Nissan in City of Industry, both in California

HGreg.com, part of Canada’s HGregoire, now has five franchised dealerships in the U.S. Haig Partners represented the seller in the transaction.

04/30/2021 06/08/2021 Steven Gomes Strollo family Riverhead Chrysler-Dodge-Jeep-Ram in Riverhead, N.Y.

Gomes also owns Stevens 112 Ford in Patchogue, N.Y., Ford of Smithtown and Lincoln of Smithtown, both in St. James, N.Y., and Stevens Jersey City Ford in New Jersey. The Strollo family had owned the dealership since 1976.

04/29/2021 07/09/2021 Pilson Auto Centers Deep Vein Coal Co. Pilson Chevrolet-Buick-GMC 500 Automotive Chevrolet-Buick-GMC in Clinton, Ind.

Mallor Grodner, a Bloomington, Ind., law firm that handles business asset sales, represented the seller.

04/29/2021 06/08/2021 West Herr Automotive Group Jay Vanderstyne, Jay Jay Vanderstyne West Herr Toyota of Rochester Vanderstyne Toyota in Rochester, N.Y.

The acquisition marks West Herr’s fourth Toyota store and sixth dealership in the Rochester area. West Herr now has 29 locations. Jay Jay Vanderstyne is staying on as general manager. No broker was used in the transaction.

04/26/2021 06/04/2021 Dick’s Auto Group Bruce Patchett Dick’s Hillsboro Chevrolet Bruce Chevrolet in Hillsboro, Ore.

Dick’s Auto Group was founded in 1985 by Dick Inukai. This is the group’s fifth dealership. Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction for both parties.

04/25/2021 06/02/2021 Lithia Motors Tim Ciasulli Planet Honda Planet Honda of Union in New Jersey

Bill Feinstein, who owned 20 percent of the dealership, is staying on as general manager and will lead the store. This is Lithia’s 247th dealership. MD Johnson Inc., an Enumclaw, Wash., buy-sell firm, represented Ciasulli. Aboyoun Dobbs represented Planet Honda as its legal counsel in the transaction.

04/21/2021 06/04/2021 Key Auto Group Randy Miller Key Chrysler-Dodge-Jeep-Ram of Newcastle Newcastle Chrysler-Dodge-Jeep-Ram in Maine

Miller, who owned the dealership for 24 years, is staying on as general manager. Nancy Phillips Associates handled the transaction for both parties. Key Auto has dealerships in New Hampshire, Maine, Vermont and Florida.

04/19/2021 05/25/2021 Copeland Automotive Group Prime Automotive Group Copeland Subaru Hyannis, Copeland Chevrolet Hyannis Prime Subaru Hyannis, Prime Chevrolet Hyannis in Massachusetts

Copeland Automotive now has five dealerships and its second Chevrolet franchise. Its other stores are Copeland Toyota, Copeland Volkswagen and Copeland Chevrolet, all in Brockton, south of Boston. Prime owned the stores for less than three years, acquiring them in September 2018. Haig Partners represented the seller in the transaction.

04/16/2021 06/02/2021 Snethkamp Automotive Family Bob Feeny Snethkamp Chrysler-Dodge-Jeep-Ram of Gaylord Feeny Chrysler-Dodge-Jeep-Ram of Gaylord in Michigan

The group, now in its fourth generation, also owns two other Stellantis stores in Michigan. Colombo & Colombo law firm handled the transaction for both parties.

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.

04/13/2021 06/04/2021 Banister Automotive Sheehy Auto Stores Banister Ford of Marlow Heights Sheehy Ford of Marlow Heights in Maryland

The Ford store is the third dealership for Banister Automotive. The group also owns Banister Nissan of Chesapeake and Banister Nissan of Norfolk, both in southeastern Virginia. The Ford dealership opened in 1966 and was Sheehy Auto Stores’ first dealership.

04/13/2021 06/02/2021 Key Auto Group Autosaver Group Key Chevrolet-Buick-GMC of Newport Newport Chevrolet-Buick-GMC in New Hampshire

Nancy Phillips Associates handled the transaction. 

04/13/2021 05/25/2021 Michael Handwerger Allan Miller and Kerry Starnes Alpha One Chevrolet-Buick Miller-Starnes Chevrolet-Buick in Rockdale, Texas

Handwerger is a partner in Audi Lafayette in Louisiana and is president of a used luxury dealership in Round Rock, Texas. Performance Brokerage Services handled the transaction. 

04/12/2021 06/18/2021 Cavender Auto Group Richard Kane Cavender Grande Ford Grande Ford in San Antonio

The dealership sells retail Ford pickups and SUVs and commercial Ford trucks. It is the sixth dealership and first Ford store for Cavender Auto Group. No broker was used in the transaction.

04/12/2021 06/07/2021 Lithia Motors The Suburban Collection was majority owned by David Fischer Sr.

The transaction involves 56 new-vehicle franchises and is expected to add $2.4 billion in annual revenue to Lithia. The dealerships included are:  BMW of Ann Arbor; Jaguar-Land Rover Troy; Mercedes-Benz of Ann Arbor; Suburban Buick-GMC of Ferndale; Suburban Buick-GMC of Troy; Suburban Cadillac of Plymouth; Suburban Cadillac of Troy; Suburban Chevrolet of Clinton; Suburban Chevrolet-Cadillac of Ann Arbor; Suburban Chrysler-Dodge-Jeep-Ram of Ann Arbor; Suburban Chrysler-Dodge-Jeep-Ram of Farmington Hills; Suburban Chrysler-Dodge-Jeep-Ram of Garden City; Suburban Chrysler-Dodge-Jeep-Ram of Troy; Suburban Ford of Ferndale; Suburban Ford of Sterling Heights; Suburban Ford of Waterford; Suburban Honda in Farmington Hills; Suburban Exotic Motorcars of Michigan in Troy (includes Aston Martin, Bentley, Bugatti, Lamborghini, Maserati, McLaren and Rolls-Royce in two dealerships); Suburban Imports of Farmington Hills (Audi-Porsche-Mazda-Volkswagen and Nissan in two rooftops); Suburban Hyundai-Genesis of Troy; Suburban Infiniti of Novi; Suburban Imports of Troy (Mazda, Nissan, Subaru and Volkswagen in four dealerships); Suburban Infiniti of Troy; Suburban Toyota of Farmington Hills; Suburban Toyota of Troy, and Suburban Volvo Cars in Troy, all in Michigan. Suburban minority owner David Fischer Jr. became a group vice president for Lithia. Presidio Group represented Suburban in the transaction. Stephen Dietrich and Sarah Seedig of Holland & Knight law firm provided legal counsel to Lithia, while Edward Dawda of Dawda Mann worked with Suburban. 

04/12/2021 05/03/2021 Ryan Mayer of Tameron Gulf Coast Group 1 Automotive Tameron Kia Pat Peck Kia in D’Iberville, Miss.

Performance Brokerage Services and Gerrick Wilkins of Dealer Support Network handled the transaction. 

04/01/2021 04/28/2021 Barry Stoler of Stoler Automotive Group John Staluppi Sr. of Atlantic Automotive Group Stoler Lexus and Lexus of Rockville Centre Atlantic Lexus of 110 in Farmingdale, N.Y., and Lexus of Rockville Centre in New York

Stoler Automotive is part of Len Stoler Automotive Group. These are the group’s 10th and 11th franchised dealerships and third and fourth Lexus stores. Dave Cantin and Brian Brown of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

04/01/2021 04/28/2021 Kelly Auto Group Eric Savage and Greg Gagorik Kelly Toyota of Hamburg, Kelly Hyundai of Hamburg Freedom Toyota of Hamburg, Freedom Hyundai in Hamburg, Pa.

Pennsylvania-based Kelly Auto Group owns Kelly Nissan, Kelly Chrysler-Dodge-Jeep-Ram, Kelly Buick-GMC and Kelly Mitsubishi, all in eastern Pennsylvania. It also owns two stores in Melbourne, Fla.: Kelly Ford and Infiniti of Melbourne. John Hyland and Drew Picon of DCG Acquisitions, a Dave Cantin Group company, handled the transaction between Kelly and Savage and Gagorik. 

03/31/2021 05/04/2021 Yark Automotive Group Bobby Jorgensen Yark Ford Kistler Ford in Toledo, Ohio

This is Yark’s sixth store in Toledo and eighth store overall. Tim Lamb Group represented Jorgensen in the transaction.

03/31/2021 05/03/2021 Ryan Mayer of Tameron Gulf Coast Chris Myers Tameron Buick-GMC and Tameron Chrysler-Dodge-Jeep-Ram-Fiat Chris Myers Buick-GMC and Chris Myers Chrysler-Dodge-Jeep-Ram-Fiat in Daphne, Ala.

No broker was used in the transaction. 

03/31/2021 05/03/2021 O’Steen Automotive Group Guy Martin O’Steen Chrysler-Dodge-Jeep-Ram Martin Motors in Nashville, Ga.

Joey McQuaig represented the seller in the transaction. 

03/30/2021 04/16/2021 Ray Ciccolo and Tony Bartolotti of Village Automotive Group Bob Moore and Elaine Moore GMC Danvers Moore GMC Truck in Danvers, Mass.

Nancy Phillips Associates handled the transaction, along with lawyer Bob Macdonald of Bernstein Shur Sawyer & Nelson law firm. Dealership consultant Tim Lerchenfeldt represented the seller. 

03/29/2021 05/03/2021 Brandon Baker of Baker Auto Group Mark Schlundt and Matt Kratzer Desoto Ford-Chrysler-Dodge-Jeep-Ram DeSoto Auto Mall in Arcadia, Fla.

Baker Auto Group has Chrysler-Dodge-Jeep-Ram and Subaru stores in New Jersey. Bel Air Partners advised the buyer in the transaction.

03/29/2021 04/14/2021 Redwood Automotive Pendragon Jaguar-Land Rover Santa Monica Hornburg Jaguar-Land Rover Santa Monica in California

This is Redwood Automotive’s first dealership. Redwood didn’t use a broker in the transaction. The sale completes Pendragon’s multiyear divestiture of its U.S. dealerships. 

03/29/2021 04/13/2021 Lithia Motors Mitch Pierce and Michael Little Avondale Nissan in Arizona
03/24/2021 04/14/2021 Jim Ellis Automotive Group Swickard Auto Group Mercedes-Benz of Atlanta South in Georgia

Haig Partners represented the seller in the transaction.

03/23/2021 04/13/2021 LMP Automotive Holdings Phil Bachman and Myron Bernard Bachman-Bernard Chevrolet-Buick-GMC-Cadillac in Greeneville, Tenn.

Bob Morris of Tim Lamb Group handled the transaction.

03/22/2021 06/07/2021 Garth Blumenthal and Unstoppable Automotive Group Scott Gunderson and Matt Gunderson of GSM Auto Group Audi Mission Viejo and Volvo Cars Mission Viejo in California

Blumenthal also owns Mercedes-Benz of Temecula in California. No broker was used in the transaction.

03/22/2021 05/04/2021 Will Reynolds and Keith Haney of Classic Auto Group Roberts Auto Group Pryor Chevrolet-Buick-GMC Roberts Auto Center in Pryor, Okla.

This is Classic Auto Group’s eighth store, which are all in Oklahoma. Classic Auto did not use a broker in the transaction.

03/22/2021 04/13/2021 Terry Taylor Prime Automotive Group Parkway Toyota of Boston Prime Toyota-Boston in West Roxbury, Mass.

Haig Partners represented the seller in the transaction.

03/16/2021 04/12/2021 US Auto Trust Bruce Qvale and Qvale Auto Group Jaguar-Land Rover Stevens Creek in San Jose, Calif.

This is the fourth dealership for US Auto. Presidio Group represented the seller in the transaction.

03/15/2021 04/12/2021 Group 1 Automotive Prime Automotive Group Ira Toyota of Orleans and Ira Toyota of Hyannis Orleans Toyota and Hyannis Toyota in Massachusetts

Haig Partners represented the seller in the transaction.

03/08/2021 05/03/2021 David Nocera and Dan Sunderland through Suncera Auto Group Bill Napleton and Paul Napleton of Napleton Automotive Group Bourbonnais Motor Cars Napleton’s Autowerks, a Lincoln-Mercedes-Benz-Mazda dealership in Bourbonnais, Ill.

The transaction did not include the Lincoln brand; the point was closed. Sunderland and Nocera also own Mercedes-Benz of Orland Park, Ill., and Sunderland owns three other luxury dealerships in Mechanicsburg, Pa. No broker was used in the transaction. 

03/05/2021 03/25/2021 LMP Automotive Holdings Fuccillo Automotive Group Kia of Cape Coral and Kia of Port Charlotte Fuccillo Kia of Cape Coral and Fuccillo Kia of Port Charlotte, both in Florida

These are among the first franchised dealerships for LMP. Kerrigan Advisors represented the seller in the transaction.

03/04/2021 05/03/2021 Matthew Leeders Pete Kepich Daystar Ford of Garrettsville Kepich Ford in Garrettsville, Ohio

Bel Air Partners advised the seller in the transaction. 

03/03/2021 03/25/2021 LMP Automotive Holdings Lori Davis and Ernie Davis Hometown Kia in Mount Hope, King Coal Chevrolet in Oak Hill and Beckley Buick-GMC Auto Mall, all in West Virginia

These are among the first franchised dealerships for LMP. LMP acquired an 85 percent stake in the dealerships and three used-vehicle stores. Tim Lamb Group brokered the transaction.

03/02/2021 06/07/2021 DCD Automotive Holdings Lannan family Nucar Lannan Chevrolet of Lowell and Nucar Lannan Chevrolet of Woburn Lannan Chevrolet of Lowell and Lannan Chevrolet of Woburn in Massachusetts

DCD, formed in 2015 after acquiring a group of dealerships from Ernie Boch Jr., has 16 dealerships throughout Massachusetts, New Hampshire and Delaware, including eight locations that operate under the Boch name.

03/02/2021 04/28/2021 Chris Elliott of Elliott Auto Group John Certa and Mike Vivaldi Elliott Team Ford Team Ford of Navasota in Texas

Performance Brokerage Services handled the transaction.

03/02/2021 04/06/2021 Barry Lundgren and Patrick Lundgren of Lundgren Automotive Group Abel Toll of Autosaver Group Lundgren Subaru Bennington Subaru in Vermont

Nancy Phillips Associates handled the transaction.

03/02/2021 03/25/2021 Rick Jensen Dennis Maday and Paul Maday Jensen Chrysler-Dodge-Jeep-Ram Maday Motors in New Ulm, Minn.

The Journal in New Ulm reported the sale. Jensen also has a Buick-GMC-Cadillac dealership in New Ulm. 

03/01/2021 06/07/2021 Carlock Automotive Group Darrell Waltrip Automotive, operated by Hendrick Automotive Group Volvo Cars Cool Springs in Brentwood, Tenn. Darrell Waltrip Volvo in Franklin, Tenn.

Carlock will build a new dealership for the Volvo store in Brentwood, and it temporarily is operating within Carlock Motorcars’ campus in Brentwood. No broker was used in the transaction. 

03/01/2021 05/04/2021 Bryce Clary and Kelly Clary of Bud Clary Auto Group Pat Sari, Phil Sari and Peter Rybar Bud Clary Ford and Bud Clary Hyundai Columbia Ford-Lincoln-Hyundai in Longview, Wash.

The Lincoln franchise was not part of the transaction. George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

03/01/2021 05/03/2021 Jamal Mashburn, Matt Agosto and partners Fox family Fox Toyota in Clinton, Tenn.

Mashburn, a retired NBA player, owns dealerships, restaurant franchises and other interests, according to reports. Gerrick Wilkins of Dealer Support Network represented the seller in the transaction. 

03/01/2021 04/28/2021 Chief Automotive Group George Gainer Bay Hyundai-Lincoln, Bay Mitsubishi, Bay Chrysler-Dodge-Jeep-Ram, all in Panama City, Fla.

Chief Automotive also owns Cadillac of Jackson in Ridgeland, Miss., Coast Chevrolet in Pascagoula, Miss., and Hallmark Hyundai in Hendersonville, Tenn. No broker was used in the transaction.

03/01/2021 04/08/2021 P4 Automotive Group, owned by Leo Portaluppi Bob Poynter Chrysler-Dodge-Jeep-Ram of Columbus and Hyundai of Columbus Bob Poynter Chrysler-Dodge-Jeep-Ram and Bob Poynter Hyundai in Columbus, Ind., operating under one rooftop

The Hyundai store will be moved into a separate rooftop. P4 includes Chevrolet, Nissan and Ford dealerships in Columbus and a Nissan store in Lafayette, Ind. No broker was used in the transaction.

03/01/2021 03/17/2021 Lithia Motors Scott Fink and David Frazier of Fink Automotive Group Hyundai-Genesis of New Port Richey; Volkswagen of New Port Richey, Hyundai-Genesis of Wesley Chapel, Mazda of Wesley Chapel and Chevrolet of Wesley Chapel, all in Florida

Fink is retaining a Volkswagen store in Wesley Chapel and also will work with Lithia in an advisory role as it seeks to grow in the Southeast. Frazier, vice president of the Hyundai store in New Port Richey, will stay on. Presidio Group, a San Francisco dealership advisory firm, represented Fink in the transaction through its investment bank Presidio Merchant Partners.

02/25/2021 06/03/2021 Andrea Farrell of Farrell Automotive Group Kevin McCubbin Harding Automotive Group, a Ford-Chrysler-Jeep-Ram-Dodge dealership McCubbin Motors, a Ford-Lincoln-Chrysler-Dodge-Jeep-Ram dealership, in Madison, Ind.

This is Farrell’s first dealership acquisition. The Lincoln sales ceased and the brand is not part of Farrell’s transaction. Hal Feder of Murphy Business and Financial Corp. advised the buyer and seller in the transaction.

02/24/2021 04/13/2021 John Buelow and Joe Lunghamer Gary Grover, Brad Grover and Jim Syverson Flagship Chevy Buick Grover Auto Co. in Zumbrota, Minn.

Gary Grover is remaining on as a salesman. Buelow also owns a Ford dealership in Baldwin, Wis. No broker was used in the transaction.

02/23/2021 06/07/2021 Gengras Motor Cars Phil Porter Gengras Subaru Torrington Center Subaru in Torrington, Conn.

Center Subaru opened in 1989 and was owned by Porter since 1994. Gengras has nine rooftops across Connecticut, Massachusetts and Vermont. Heritage Capital Group represented the seller in the transaction.

02/23/2021 04/06/2021 McGee Family Dealerships Tom Flynn and family Audi-Volkswagen Pittsfield and Berkshire BMW Flynn Audi-BMW-Volkswagen in Pittsfield, Mass.

These are the first luxury brands for McGee, which has six other franchised dealerships in Massachusetts and New Hampshire. It also has two used-vehicle stores. No broker was used in the transaction.

02/22/2021 03/17/2021 Gurley Leep Automotive Family Michael Rosengarden Toyota on Edens Northbrook Toyota in Illinois

Mike Sims of Pinnacle Mergers & Acquisitions advised the seller in the transaction.

02/20/2021 04/12/2021 Five Star Automotive Group Mike Raisor Auto Group Lafayette Ford-Lincoln, Lafayette Buick-GMC-Cadillac, Mercedes-Benz of Lafayette, Audi Lafayette and Lafayette Volkswagen Mike Raisor Ford-Lincoln, Mike Raisor Buick-GMC-Cadillac, Mercedes-Benz of Lafayette, Mike Raisor Audi and Mike Raisor Volkswagen, all in Lafayette, Ind.

Five Star now has 26 dealerships in five states. Bob Morris of Tim Lamb Group brokered the transaction.

02/16/2021 03/25/2021 Hall/MileOne Autogroup Charles Barker Automotive Hall Toyota Virginia Beach Charles Barker Toyota in Virginia Beach, Va.
02/16/2021 03/24/2021 Hall/MileOne Autogroup Charles Barker Automotive Hall Toyota Virginia Beach Charles Barker Toyota in Virginia Beach, Va.
02/16/2021 03/15/2021 Jenkins Auto Group Cindy Hiteman and Steve Hiteman Jenkins Kia of Crystal River Citrus Kia in Crystal River, Fla.
02/15/2021 06/02/2021 Car Vision Nissan Motor Acceptance Co. Car Vision Nissan Hazleton Nissan in Hazle Township, Pa.

The store had been closed since 2018 amid a legal tangle between Nissan Motor Acceptance Co., the automaker’s finance arm, and the store’s former owners, auto industry veteran Michael Saporito and former NFL players Antonio Pierce and Jessie Armstead. Nissan North America terminated the franchise agreement in 2018. Car Vision has a Mitsubishi dealership in Trooper, Pa., and two used-only stores in Philadelphia and in Maple Shade, N.J. Rich Weitzman of Colliers International advised the buyer, and CBRE advised the seller in the transaction.

02/11/2021 03/17/2021 Bidleman Auto Group Summit Auto Group Bidleman Ford Summit Ford-Lincoln in Auburn, N.Y.

The Lincoln brand was not part of the sale. The Citizen in Auburn, N.Y., reported the sale.

02/10/2021 07/28/2021 Time Auto Group Carr Auto Group Beaverton Nissan Carr Nissan in Beaverton, Ore.
02/10/2021 04/12/2021 JR Toothman Adam Johnson Floyd Chrysler-Dodge-Jeep-Ram Johnson Family Chrysler-Dodge-Jeep-Ram in Floyd, Va.
02/09/2021 03/15/2021 Krause Auto Group and Dan Parks Billy Walters Hyundai of Venice in Florida

No broker was used in the transaction.

02/04/2021 07/09/2021 Montrose Auto Group Great Lakes Auto Network Montrose Buick-GMC of Ashtabula, Montrose Chrysler-Dodge-Jeep-Ram of Kingsville and Montrose Chevrolet of Jefferson. Great Lakes Buick-GMC in Ashtabula, Ohio, Great Lakes Chrysler-Dodge-Jeep-Ram in Kingsville, Ohio, and Great Lakes Chevrolet in Jefferson, Ohio
02/04/2021 03/15/2021 Morrie’s Auto Group Don Brenengen, Cheryl Brenengen and Tony Brenengen of Brenengen Auto Group Brenengen West Salem Kia, Brenengen West Salem Chevrolet, Brenengen Onalaska Chevrolet-Cadillac, Brenengen Sparta Chevrolet-Buick, Brenengen Sparta Ford and Brenengen Tomah Ford-Chrysler-Dodge-Jeep-Ram, all in Wisconsin

Two of Don and Cheryl Brenengen’s three sons who remain involved in the business are retaining a small minority interest in the group. Tony Brenengen will continue as director of operations for the six dealerships. Performance Brokerage Services represented the seller in the transaction.

02/03/2021 04/12/2021 Casa Automotive Group Travis Crawford Casa Buick-GMC Crawford Buick-GMC in El Paso, Texas

No broker was used 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. 

02/01/2021 04/12/2021 Schomp Automotive Group Naughton family Schomp Ford Mike Naughton Ford in Aurora, Colo.

This is Schomp’s ninth dealership. No broker was used in the transaction.

02/01/2021 04/06/2021 Mike Molstead Kris Kramer Mike Molstead Motors Inc. K&W Motors in New Hampton, Iowa

 The store is a GMC dealership. Mike Molstead has other dealerships in Charles City, Iowa. No broker was used in the transaction.

02/01/2021 03/08/2021 James Bryson of Bryson Automotive Group and Chris Barnes Gary Jennings Mountain Ford in Bryson City, N.C.

This is Bryson’s first dealership acquisition. Hal Feder of Murphy Business & Financial Corp. advised the buyer and seller in the transaction.

02/01/2021 03/08/2021 Lithia Motors Fields Auto Group Land Rover Orlando and Chrysler-Dodge-Jeep-Ram of Sanford, both in Florida

Lithia said the dealerships would add $200 million in annualized revenues. Kerrigan Advisors represented the seller in the transaction.

02/01/2021 02/25/2021 Serra Automotive Kerry Whelan Serra Whelan Chevrolet Buff Whelan Chevrolet in Sterling Heights, Mich.

This is Serra’s eighth Chevrolet store. No broker was used in the transaction.

02/01/2021 02/23/2021 Jonathan Sobel Bill Fox and Jane Fox Fox Honda, Fox Toyota-Subaru and Fox Chrysler-Dodge-Jeep-Ram in Auburn, N.Y.

Sobel now has 13 stores in New Jersey and New York representing 16 franchises. Haig Partners represented the seller in the transaction.

01/29/2021 04/14/2021 Gregory Chip and Bill Kelly Bruce Dickstein Toyota-Cadillac of Bourbonnais David Bruce Toyota-Cadillac in Bourbonnais, Ill.

Chip also owns Southlake Auto Group, with Kia and Nissan stores in Merrillville, Ind. No broker was used in the transaction. 

01/29/2021 03/08/2021 Triunity Automotive Group Pendragon Jaguar-Land Rover Los Angeles Hornburg Jaguar-Land Rover Los Angeles in West Hollywood, Calif.

Triunity will relocate the store to a new facility in Los Angeles. Brady Schmidt and Gary Mull of National Business Brokers handled the transaction for the buyer and seller.