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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01/08/2018 Bruce Willard and Bill Reilly Gene Moon Signature Dealer Group Inc. Signature Automotive Group Inc., Benton Harbor, Mich.

Automotive Acquisitions & Consulting advised the seller in this transaction. All three Signature Automotive dealerships were sold in this transaction. Signature Toyota, Hyundai and Mitsubishi names did not change from prior owner.

01/08/2018 Jim Ott and Paul Miller Al Konner, Dean Konner, Irv Konner Ott-Miller Chevrolet of West Caldwell Konner Chevrolet, West Caldwell, N.J.

Lasser Advisory Services advised the sale.

01/08/2018 Jay Hatfield Ed Ranz Jay Hatfield Chevrolet-Buick-GMC-Cadillac Ed Ranz Motor Co., Chanute, Kan.

Performance Brokerage Services exclusively facilitated the transaction.

01/08/2018 Randy and Max Curnow Brent Wyant Max Curnow Chevrolet-Buick-GMC Barnes Baker Chevrolet-Buick-GMC, Chillicothe, Mo.

Performance Brokerage Services represented the seller in this transaction.

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

Performance Brokerage Services facilitated the transaction.

01/08/2018 Brian Toliver, Brent Toliver, and Jonathan Toliver Brent Gunter Ennis Ford, Ennis, Texas
10/27/2017 Ourisman Automotive Group Wes Greenway Ourisman Subaru-Volkswagen Waldorf Wes Greenway Volkswagen-Subaru, Waldorf, Md.

CBRE Dealership Capital Services was the adviser.

10/27/2017 Brad Deery Doug and Matt Warthan Brad Deery Ford Warthan Brothers Maquoketa Ford, Maquoketa, Iowa
10/27/2017 Chris DeMarsico and Dan Sanchez The Kemper family Bridgewater Kia Kemper Kia of Bridgewater, N.J.

Dan Murphy of D.T. Murphy & Co. advised the sale.

10/27/2017 Curtis Pascarella BR Automotive Phillips Auto Group of Bradley Bradley-Bourbonnais Chevrolet, Bradley, Ill.

Phillips also has locations in Frankfort, Ill., and Lansing, Ill.

10/27/2017 Daniel O’Brien Vicki Marcinkevich Dan O’Brien’s Kia Team Kia, Concord, N.H.

Nancy Phillips Associates advised the sale.

10/27/2017 GPB Capital Holdings Larry Orlando Tower Ford, Great Neck, N.Y.

Thomas J. Hayes & Associates advised the seller.

10/27/2017 Serra Automotive Rob Draper Serra Chevrolet Saginaw and Serra Toyota Saginaw Draper Chevrolet and Draper Toyota, Saginaw, Mich.

Serra Automotive has 54 automotive franchises and 38 dealerships in seven states: Michigan, Illinois, Indiana, Ohio, Tennessee, New Jersey and Colorado. Serra Automotive now owns 21 dealerships in Michigan.

10/27/2017 Mark Beford David Ogan Beford Ford-Lincoln Carroll Halliday Ford-Lincoln, Washington Courthouse, Ohio

Performance Brokerage Services advised the sale.

10/27/2017 Chris Elliott Joe Bruner Palestine Chrysler-Dodge-Jeep-Ram-Fiat Champion Chrysler-Dodge-Jeep-Ram-Fiat, Palestine, Texas

Performance Brokerage Services was the adviser.

10/27/2017 Walser Automotive Group Wayzata Nissan LLC Walser Nissan Wayzata Wayzata Nissan, Wayzata, Minn.
10/27/2017 Umansky Automotive Group Brown Automotive Group Umansky Toyota, Umansky Honda, Umansky Subaru of Charlottesville, Umansky Chrysler-Dodge-Jeep-Ram of Charlottesville, Mercedes-Benz of Charlottesville Brown Toyota, Brown Honda, Brown Subaru, Brown Chrysler-Dodge-Jeep-Ram, Mercedes-Benz of Charlottesville, in Charlottesville, Va.

Pinnacle Mergers advised the seller.

10/27/2017 Faith Mba Frank Hanenberger Faith’s Ford Brattleboro Ford, Brattleboro, Vt.
08/31/2017 Bill Marsh Auto Group Gail Skerratt Bill Marsh Ford Gaylord Gaylord Ford, Gaylord, Mich.
08/31/2017 Tim Short Automotive Group Joe Kirby Tim Short Mazda Edd Kirby’s Adventure Mazda, Chattanooga, Tenn.

Performance Brokerage Services advised the seller.

08/31/2017 Warren Henry Auto Group Sheila Duncan Irby Keys Auto Center Duncan Auto Sales, Key West, Fla.

Franchises are Toyota, Ford, Chrysler, Dodge, Jeep, and Ram.

08/31/2017 Carl Atkinson and Greenway Automotive Group Jenkins Auto Group Awesome Nissan of Brunswick Jenkins Nissan of Brunswick, Brunswick, Ga.

Performance Brokerage Services advised the sale.

08/31/2017 Bakhtiari Auto Group Patricia, Don, and Bill Robertson Honda of Hollywood, Hollywood, Calif.

With this acquisition, Bakhtiari Auto Group will own eight dealerships in California, including Ford, Honda, Mitsubishi, and Subaru. Kerrigan Advisors advised the seller in this transaction.

08/31/2017 DTF Holdings Princeton Audi VW Audi Princeton and Volkswagen Princeton, Princeton, N.J.

Haig Partners LLC advised the seller

08/31/2017 Daniel Enxing Michael Wentworth Volvo Cars of Exeter Wentworth Motor Co., Exeter, N.H.

Nancy Phillips Associates facilitated the sale.

08/31/2017 Chuck Piano Rick Cox Sullivan Automotive Group Sullivan Chevrolet-Buick-GMC-Chrysler-Dodge-Jeep-Ram, Sullivan, Ind.

Performance Brokerage Services advised the seller.

08/31/2017 Bill Lynch The Perry Family Key Buick-GMC, Key Hyundai, Key Genesis Key Auto Co., Jacksonville, Fla

Lynch Automotive Group has dealerships in Alabama, Georgia and Florida.

08/31/2017 Schumacher Chevrolet Auto Group Robert Wigder Schumacher Chevrolet of Livingston Wigder Chevrolet, Livingston, N.J.

Dan Murphy of D.T. Murphy & Co. advised the seller. This is the fourth Chevrolet dealership for the Schumacher Chevrolet Auto Group.

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

Performance Brokerage Services advised the seller.

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

Dealer Solutions North America was the adviser.

08/31/2017 Penske Automotive Group Werner Schumacher Schumacher European, Phoenix

The Presidio Group advised the seller. Schumacher European is a Mercedes-Benz and Sprinter dealership.

08/31/2017 Say Patel Gary Phillips Tri-County Chevrolet, Royston, Ga.

After 30 years of dreaming to own a Chevrolet dealership, Say Patel became a first-generation dealer on June 1, 2017. He started out working at a ACDelco Distributor in Florida.

08/31/2017 Reineke Family Dealerships Gene Stevens Reineke Honda Gene Stevens Honda, Findlay, Ohio
08/31/2017 Josh Griffin Robert Womack Honda Nissan of Laramie Spradley Bar Honda Nissan, Laramie, Wyo.

Performance Brokerage Services advised the sale.

08/31/2017 Rob Matthews Greg Gagorik Planet Kia Electric City Kia, Blakely, Pa.

Performance Brokerage Services advised the seller.

08/31/2017 Carl Moyer Doug Krieger Karl Chevrolet of Stuart Kriegers Interstate Chevrolet, Stuart, Iowa

Performance Brokerage Services advised the sale.

08/31/2017 Mike Maroone Serra Automotive Mike Maroone Chevrolet South, Mike Maroone Chevrolet North, Mike Maroone Volkswagen and Mike Maroone Honda Al Serra Chevrolet North, Al Serra Chevrolet South, Al Serra Volkswagen, Front Range Honda, Colorado Springs, Colo.

The Presidio Group advised Serra Automotive.

08/30/2017 Jonathan Allen Estate of David Allen Allen Toyota, Gulfport, Miss.

The buyer purchased the dealership from the family estate.

07/11/2017 Rick Jones Brad Joseph Oliver C. Joseph Buick-GMC, Belleville, Ill. Cardinal Buick-GMC

Midwest Brokerage was the adviser.

07/11/2017 Randy Byford Lonnie Robertson Johnson's of Chickasha, Chickasha, Okla. Byford Chrysler-Dodge-Jeep-Ram of Chickasha

Don Midwest Brokerage was the adviser.

07/11/2017 Ken Garff Automotive Group Sharif Hadley Salt Lake City Land Rover Land Rover Centerville, Centerville, Utah

Performance Brokerage Services advised the seller in the sale.

07/11/2017 Joshua Griffin Steve Marshall Adventure Dodge-Jeep-Ram-Chrysler, Laramie, Wyo.

Performance Brokerage Services advised both the seller and the buyer in this transaction.

05/03/2017 Ryan Gee/ Gee Automotive Cos. Ed and Brad Tonkin Gee Automotive Cos., Spokane, Wash. Ron Tonkin Dealerships, Portland, Ore.

The Ron Tonkin Dealership Group, founded by Ron Tonkin in 1960, is No. 93 of Automotive News’ top 150 dealerships in the U.S. Gee Automotive acquired 16 Ron Tonkin dealerships. Ron Tonkin is keeping Ron Tonkin Gran Turismo (Ferrari and Maserati), two dealerships in the Portland area (Buick-GMC-Chevrolet and Subaru) and two in Reno, Nev. (Acura and Infiniti). Kerrigan Advisors advised the seller.

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

Hicks Management was the adviser.

04/19/2017 Ed Napleton Group Safro Automotive Group Toyota of Brookfield, Lexus of Brookfield, Lexus of Milwaukee Safro Toyota, Lexus of Brookfield, Brookfield, Wis.; Lexus North Shore, Glendale, Wis.

Previously, the seller, Jeanne Safro, sold Safro Ford to Van Horn Automotive Group in September 2016.

04/19/2017 Peacock-Griffey Automotive Reid family Peacock Ford Don Reid Ford, Maitland, Fla.

Haig Partners advised the sellers.

04/19/2017 Paul Astorg and Jamie Spears Gerald and Vicki Smith Astorg Auto of Charleston Smith Company Motor Cars, Charleston, W.Va.

Brands include Mercedes-Benz, Volvo, Jaguar and Land Rover.

04/19/2017 McGrath Automotive Group Mausser family McGrath Volvo Cars Barrington Barrington Volvo, Barrington, Ill.
04/13/2017 Dilawri Group of Companies Silvy Niquet Audi St-Bruno, Automobile Niquet Volkswagen Automobile Niquet Audi, Automobile Niquet Volkswagen, St-Bruno-de-Montarville, Quebec
04/13/2017 Carl Leckner Sheehy Auto Stores Leckner Nissan of Springfield Sheehy Nissan of Springfield, Springfield, Va.

Leckner moved the dealership to 6570 Amherst Ave., Springfield, Va.

04/13/2017 Kendall Auto Group David Edmark and Jim Chalfant Kendall at the Idaho Center Auto Mall Edmark Superstore, Nampa, Idaho

Brands include Chevrolet, Buick, Cadillac, GMC and Kia. Kerrigan Advisors advised the seller.

03/09/2017 Asbury Automotive Group Courtney Cox Cole and Monica Peck Hare Chevrolet, Noblesville, Ind.
03/09/2017 Penske Automotive Group Prestige Family of Fine Cars Jaguar Paramus and Land Rover Paramus Prestige Jaguar Paramus and Prestige Land Rover Paramus, Paramus, N.J.

The purchase gives Penske five Jaguar and Land Rover stores in the U.S.

03/09/2017 Arnaldo Bomnin Ralph Sifford Bomnin Chevrolet West Kendall Grand Prize Chevrolet, Miami
03/08/2017 Roderick Lichtenfels and James Dartt Penske Automotive Group Speedcraft Nissan Nissan West Warwick, West Warwick, R.I.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/08/2017 Roderick Lichtenfels and James Dartt Penske Automotive Group Speedcraft Acura Acura of Warwick, West Warwick, R.I.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/03/2017 Peterson Automotive Collection Steve Germain Toyota of Sarasota Germain Toyota of Sarasota, Sarasota, Fla.

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions advised the seller.

03/03/2017 Matt Bowers and Franklin McLarty Cecil Graves Matt Bowers Chrysler-Dodge-Jeep-Ram Cecil Graves Chrysler-Dodge-Jeep-Ram, St Francisville, La.

Matt Bowers and Franklin McLarty recently founded the Southern United Auto Group.

03/03/2017 Normand Blain Jules Bélisle Mazda Val-David, Val-David, Quebec

Solutions Autocap and Dealer Solutions North America were the advisers.

03/03/2017 Richard Jr. and Michael DeSilva Dennis Oberle Liberty Kia Mahwah Kia, Mahwah, N.J.
03/03/2017 Michael Grieco Jr. AutoNation Grieco Chevrolet of Fort Lauderdale AutoNation Chevrolet Fort Lauderdale, Fort Lauderdale, Fla.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/03/2017 Tom Sheehan Chris Berian Sheehan Cadillac Coral Cadillac, Pompano Beach, Fla.
03/03/2017 Weins Group Rick McGraw, Bryndon Davies and Pat Patsakos Mississauga Honda, Mississauga, Ontario

Dealer Solutions North America advised the seller.

03/03/2017 Michael Grieco Jr. AutoNation Grieco Chevrolet of Delray Beach AutoNation Chevrolet Delray, Delray Beach, Fla.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/03/2017 Jimmy, Harriet and Aaron Berg John Staluppi Jr. Sunrise Toyota North Innovation Toyota, Middle Island, N.Y.
03/03/2017 Ted Cohli and Sam Hirani Terry Reeves Jr. Robinson Chrysler-Dodge-Jeep-Ram Howes and Reeves Chrysler, Fergus, Ontario

Dealer Solutions North America advised the seller.

03/03/2017 Denny Gates Scott and Donna Lewis Capitol Chrysler-Dodge-Jeep-Ram, Willimantic, Conn.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/03/2017 Phil Long Dealerships David McDavid Jr. Phil Long Honda High Country Honda, Glenwood Springs, Colo.

Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions advised the seller.

03/03/2017 Jesse Peterson, Sandy Christian, Sheldon Kauk and Lamonte Mikesh Mike and Kathleen Gaddie Eide Chrysler-Dodge-Jeep-Ram Ryan Dodge of Bismarck, Bismarck, N.D.
03/03/2017 Morgan Auto Group Scott-McRae Automotive Group Mercedes-Benz of Gainesville, Gainesville, Fla.

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

03/03/2017 Michael Grieco Jr. AutoNation Grieco Ford of Delray Beach AutoNation Ford Delray, Delray Beach, Fla.

Joshua Teverow of Esquire Ltd. advised the buyer.

03/03/2017 Robert Fraser SF Auto Group Fraser Durham Chrysler-Dodge-Jeep-Ram Durham Dodge-Chrysler, Oshawa, Ontario

Dealer Solutions North America advised the seller.

12/13/2016 Blake Fulenwider Dave Moore Blake Fulenwider Ford Dave Moore Ford, Beeville, Texas

Performance Brokerage Services was the adviser.

12/13/2016 Roundtree Automotive Group Hooman Nissani Nissan of Long Beach Hooman Nissan of Long Beach, Signal Hill, Calif.

Performance Brokerage Services advised the seller.

12/13/2016 Lithia Motors Potamkin Automotive Audi Calabasas Audi Auto Gallery, Woodland Hills, Calif.

The store has been relocated to Calabasas, Calif. Bill Scrivner of Pinnacle Mergers and Acquisitions advised the buyer.

11/28/2016 Chris Russell Rick Wilson Nissan of Bellingham Wilson Motors Nissan, Bellingham, Wash.

Performance Brokerage Services advised the seller.

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

Dealer Solutions North America advised the seller.

11/28/2016 Al Monjazeb Rick Wilson Toyota of Bellingham, Mercedes-Benz of Bellingham Wilson Motors Toyota-Mercedes-Benz, Bellingham, Wash.

Performance Brokerage Services advised the seller and the buyer.

11/23/2016 David Rosenberg of Prime Motor Group Paul Holloway Mercedes-Benz of Manchester Holloway Motor Cars of Manchester, Manchester, N.H.

Nancy Phillips Associates Inc. was the adviser.

11/23/2016 Matt Bowers Andrew Ferguson Matt Bowers Nissan Nissan of New Orleans, New Orleans
11/23/2016 Carl Leckner Allen Peer Leckner Ford of Woodstock Muhlenberg Motors (Ford), Woodstock, Va.
11/23/2016 Keyes Automotive Group Group 1 Automotive Keyes Honda Van Nuys Miller Honda Van Nuys, Van Nuys, Calif.
11/23/2016 Timbrook Automotive Greg Shockey Team One Chevrolet-Buick-GMC Team One Auto, Oakland, Md.

Rob Lee of Tim Lamb Group advised the buyer.

11/23/2016 Morgan Automotive Group Andy Moore Rountree-Moore Ford, Rountree-Moore Lincoln, Rountree-Moore Chevrolet-Cadillac, Rountree-Moore Toyota, Rountree-Moore Kia and Rountree-Moore Nissan Rountree-Moore Motors (Ford-Lincoln-Chevrolet-Cadillac-Toyota-Kia-Nissan), Lake City, Fla.

Tom Staszak and Chris Gain of Generational Capital Markets Inc. advised the seller.

11/23/2016 Sheree Kaplan Allen Paul Holloway Mercedes-Benz of Portsmouth Holloway Automotive, Greenland, N.H.

Nancy Phillips Associates Inc. was the adviser.

11/23/2016 Sheehy Auto Stores Ron Rosner Sheehy Toyota of Stafford, Sheehy Toyota of Fredericksburg Rosner Toyota of Stafford, Stafford, Va.; Rosner Toyota of Fredericksburg, Fredericksburg, Va.

Performance Brokerage Services was the adviser.

11/23/2016 Carl Leckner David Baird Leckner Ford of Marshall Marshall Ford, Marshall, Va.
10/06/2016 Open Road Auto Group Jim Tino Jr., Jim Tino Sr. Open Road Chevrolet, Open Road Subaru Multi Chevrolet, Multi Subaru, Union, N.J.

Stu Lasser of Lasser Advisory Services was the adviser.

10/06/2016 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.

10/06/2016 Crossroads Automotive Group Carl Meares, David Small Crossroads Lumberton Ford Lincoln Lumberton Ford-Lincoln, Lumberton, N.C.

Alan Haig and Mike Toth of Haig Partners advised the seller.

10/06/2016 Jerry and Steve Lustig’s Autosport Group Adjess Motors Autosport Chevrolet Route 46 Chevrolet, Hackettstown, N.J.

Stu Lasser of Lasser Advisory Services was the adviser.

10/06/2016 David Billion John McEleney, Drew McEleney Billion Clinton McEleney Auto Center, Clinton, Iowa

BRANDS: Buick, Chevrolet, GMC, Toyota

Dick Nokes Consulting advised the seller.

09/28/2016 Aaron Cooper Tommy Phillips Cooper Ford Phillips Ford, Carthage, N.C.

Rob Lee of Tim Lamb Group advised the seller. This is Aaron Cooper’s first dealership.

09/28/2016 indiGO Auto Group Hickingbotham family, Gene Whisenhunt, Jerry Johnson BMW of Palm Springs, Palm Springs, Calif.
09/28/2016 Tom and Sandra Cavanaugh Robert Forrester Four Stars Ford, Jacksboro, Texas

Dick Pryor of Tim Lamb Group advised the seller.

09/28/2016 Eric Stamps James, Alex and Wendy Hanna Colonial Volkswagen Newtown Square YBH Volkswagen Newtown Square, Newtown Square, Pa.

Daniel Ferrari and Co. Automotive Accountants was the adviser.

09/15/2016 Eddie and Justin Yaklin Wyatt Arp Yaklin Chrysler-Dodge-Jeep-Ram Wyatt Arp Chrysler-Dodge-Jeep-Ram, Seguin, Texas

Performance Brokerage Services was the adviser.

09/15/2016 RFJ Auto Partners Craig Kapson Jordan Ford, Jordan Toyota, Mishawaka, Ind.
09/15/2016 Nielsen Automotive Group David and Fred Ayers Nielsen Chevrolet Ayers Chevrolet, Dover, N.J.

Stu Lasser of Lasser Advisory Services was the adviser.

09/15/2016 Manuel Gonzalez John Certa Sterling Chevrolet-Chrysler-Dodge-Jeep-Ram Team Auto, Navasota, Texas

Dick Pryor of Tim Lamb Group advised the buyer.