DEALERSHIP BUY/SELL
This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media.
Dealership Buy/Sell
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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
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 |
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05/01/2023 | 05/25/2023 | Leslie Doggett Industries’ Doggett Automotive Group | Joe Bob Kinsel and Craig Kinsel of Kinsel Motors and Kinsel family | Doggett Toyota of Beaumont, Doggett Ford-Lincoln of Beaumont and Doggett Mazda of Beaumont | Kinsel Toyota, Kinsel Ford-Lincoln and Kinsel Mazda, all in Beaumont, Texas | Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich and Sarah Seedig of the Holland & Knight law firm provided legal counsel to the seller, and Monica Hoenshell of Calvert Law Firm aided the buyer. |
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04/17/2023 | 05/19/2023 | Shawn Kohli and Jake Belcher | Jim Olson | Patriot Chevrolet-Buick of Sturgeon Bay, Patriot Chrysler-Dodge-Jeep-Ram Sturgeon Bay and Patriot Ford Sturgeon Bay | Jim Olson Chevrolet-Buick, Jim Olson Chrysler-Dodge-Jeep-Ram and Jim Olson Ford, all in Sturgeon Bay, Wis. | Belcher is operating partner and has an undisclosed minority stake in the three dealerships. |
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05/15/2023 | 05/19/2023 | Umansky Automotive Group | Asbury Automotive Group | Acura of Austin North | David McDavid Acura of Austin in Texas | This is Umansky’s first dealership in Texas. Presidio Group represented the seller in the transaction. Katherine Frazier and Kevin Sutton of Hill Ward Henderson were legal counsel to the seller. David Porteous of Evans Petree was legal counsel to the buyer. |
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02/27/2023 | 05/19/2023 | Garber Automotive Group | Randall Farnsworth Auto Group | Garber Randall Chevrolet and Garber Randall Buick-GMC-Cadillac | Farnsworth Chevrolet and Randall Buick-GMC-Cadillac, both in Canandaigua, N.Y. | Randy Farnsworth remains an executive manager of the Chevrolet store, while Alexandra Farnsworth — Randy’s daughter — is executive manager of the Buick-GMC-Cadillac dealership. The transaction also included a collision center. |
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02/27/2023 | 05/19/2023 | Fletcher Jones Automotive Group | Dan Pennington and family and Skinner family | Fletcher Jones Toyota of Carson | Carson Toyota in California | George Pero of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. James Barone of the Ferruzo & Ferruzo law firm provided legal counsel to the seller. |
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01/26/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Tim Allred of Rocky Mountain Yeti Automotive Group | SouthWest Buick-GMC and SouthWest Honda | Legend Driven Buick-GMC and Legend Driven Honda, both in Lawton, Okla. | ||
04/11/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Tim Allred of Rocky Mountain Yeti Automotive Group | SouthWest Mazda | Legend Driven Mazda in Lawton, Okla. | ||
01/31/2023 | 05/19/2023 | Stephen and Charlie Gilchrist of Gilchrist Automotive | Stanley Auto Group | Platinum Ford North | Stanley Ford Pilot Point in Texas | Hicks Management & Consulting Group facilitated the transaction. |
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01/31/2023 | 05/19/2023 | Bergey’s Inc. | Tony Lawrence, Maria Lawrence and Terry Lawrence | Bergey’s Subaru of Hanover | Lawrence Subaru in Hanover, Pa. | Drew Picon of DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. |
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12/15/2022 | 05/19/2023 | Travis Ostrom of TKO Group | Toby Sorg and Randy Sorg | Nissan of Warsaw | Sorg Nissan in Warsaw, Ind. | Jennifer Rafael of Dealer Solutions Mergers and Acquisitions handled the transaction. |
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03/07/2023 | 05/19/2023 | John and Joe Sarchione of Sarchione Automotive Group | Kevin Haasz | Sarchione Chrysler-Dodge-Jeep-Ram | Haasz Automall of Dalton in Ohio | Mark Shackelford of Performance Brokerage Services facilitated the transaction. |
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11/10/2022 | 05/19/2023 | Maxey family | Ken Hagar | Bob Maxey Ford in Fowlerville | Fowlerville Ford in Michigan | The franchise was consolidated into Bob Maxey’s nearby Howell, Mich., store. The Fowlerville location has service and used-vehicle sales. |
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05/08/2023 | 05/19/2023 | Group 1 Automotive | John Beck and James Masten | Beck & Masten Buick-GMC North and Beck & Masten Buick-GMC South, both in Houston, and Beck & Masten Buick-GMC Coastal Bend in Robstown, Texas | Kerrigan Advisors represented the sellers in the transaction. |
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The transaction closed in May of 2022. | 05/19/2023 | Harrison Corp. | Billion Automotive | Harrison Ford of Clear Lake | Billion Ford of Clear Lake in Iowa | ||
03/13/2023 | 05/19/2023 | Manny Sedano | Rudy and Simona Erm | National City Volkswagen | South Bay Volkswagen in National City, Calif. | Jason Stopnitzky and Jonathan Forgy of Performance Brokerage Services facilitated the transaction. Lawyers Edward Siegler represented the sellers and Les Chayo represented the buyer. |
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01/04/2022 | 05/19/2023 | Mark Harris and Ben Harris | Robb Hatch | Winslow Ford in Arizona | Kirk Rimsnider of Prism Business Brokers represented the seller in the transaction. |
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04/28/2023 | 05/19/2023 | Vernon Krause of Krause Auto Group | Sutherlin Automotive Group | Hyundai of Athens | Sutherlin Hyundai Athens in Georgia | Mike Sims and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller. |
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04/17/2023 | 05/19/2023 | Mike Perrin and Chuck Perrin | Sutherlin Automotive Group | Cherokee County Nissan | Sutherlin Nissan Cherokee County in Holly Springs, Ga. | Mike Sims and Wes Hamilton of Pinnacle Mergers & Acquisitions represented the seller. |
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05/15/2023 | 05/19/2023 | Sutherlin Automotive Group | Mike Reinhardt and Ed Reinhardt | Toyota-Lexus of Montgomery | Reinhardt Lexus-Toyota in Montgomery, Ala. | ||
02/20/2023 | 05/19/2023 | Brian Schrimpsher | Victory Automotive Group | Victory Chrysler-Dodge-Jeep-Ram in Shallotte, N.C. | |||
04/27/2023 | 05/19/2023 | Steve Rayman | Sutherlin Automotive Group | Steve Rayman Nissan Mall of Georgia | Sutherlin Nissan Mall of Georgia in Buford, Ga. | ||
04/17/2023 | 05/19/2023 | Victory Automotive Group | Tim Castellaw | Victory Toyota-Ford Dyersburg and Victory Chrysler-Dodge-Jeep-Ram Dyersburg | Tim Castellaw Toyota of Dyersburg-Tim Castellaw Ford and Tim Castellaw Chrysler-Dodge-Jeep-Ram in Dyersburg, Tenn. | Dealer Solutions Mergers and Acquisitions represented the seller in the transaction. |
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01/05/2023 | 05/18/2023 | Matt Blatt Dealerships | Sussman Automotive Group | Matt Blatt Kia of Abington | Sussman Kia in Roslyn, Pa. | Bel Air Partners represented the seller. |
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12/30/2022 | 05/17/2023 | Jed Hunter and John Paul Strong of Hunter Automotive and Meghan Hunter | Jeff Southworth | Hunter Ford | Southworth Ford in Marion, Ind. | Gary Russo of Team Russo represented the buyer, and Pinnacle Vehicle Consulting Group represented the seller in the transaction. |
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01/03/2023 | 05/17/2023 | Carousel Motor Group, part of Pohlad Cos. | Mark Swelland and partners Gary Embretson and Jonathan Nissly | Hudson Ford in Wisconsin | The transaction included an ABRA full-service collision center and an on-site detailing center. |
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11/10/2022 | 05/17/2023 | Charlie and William Caprara of F.X. Caprara Car Cos. | Jerry McDonald and Schiel Wood | F.X. Caprara Chrysler-Dodge-Jeep-Ram of Canton | Parkway Dodge-Chrysler-Jeep-Ram in Canton, N.Y. | F.X. Caprara in December 2020 also bought a Parkway Ford store in Ogdensburg, N.Y. |
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08/01/2022 | 05/16/2023 | Windy Automotive Group | Stephanie Morris | Windy Chevrolet | Stephanie Morris Chevrolet in Okmulgee, Okla. | Hicks Management & Consulting Group represented the seller in the transaction. |
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04/11/2023 | 05/16/2023 | Island Auto Group, owned by Josh Aaronson, Ron Baron and Marcello Sciarrino | Group 1 Automotive | Island Buick-GMC | Staten Island Buick-GMC in New York | ||
04/27/2023 | 05/16/2023 | Morgan Automotive Group | Bill Bryan of Bill Bryan Automotive Group, with unnamed partners | Kia of Leesburg, Villages Subaru and Chrysler-Dodge-Jeep-Ram of Leesburg | Bill Bryan Kia and Bill Bryan Subaru, in Leesburg, Fla., and Bill Bryan Chrysler-Jeep-Ram in Fruitland Park, Fla. | Fred O’Halloran of MD Johnson, along with MD Johnson President Mark Johnson, represented the sellers in the transaction. Leslie Hudock represented Bryan. Robert Bass represented Morgan. |
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03/10/2022 | 05/16/2023 | Kris and Kyle McKinzie | Kelly Barnett | Krusen Motors Chrysler-Dodge-Jeep-Ram-Chevrolet-GMC | Crown Motor Group in Mount Pleasant, Iowa | The Buick franchise was returned to the manufacturer. |
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02/06/2023 | 05/15/2023 | Manny Sedano | Roger Penske Jr. of SoCal Penske Dealer Group | Sedano Ford, Sedano Lincoln | Penske Ford La Mesa, Penske Lincoln La Mesa, in Calif. | ||
04/01/2022 | 05/15/2023 | lin/Holzmueller BUYER: McLaughlin Family Cos.’ New Way Auto Group | Gus Holzmueller and three unnamed partners | New Way Ford-Lincoln Pocahontas | Pocahontas Ford-Lincoln in Iowa | ||
08/30/2022 | 05/15/2023 | Rex Perry | Mike Perry | Mike Perry Chevrolet-Buick in San Augustine, Texas | Andy Church of Dealer Solutions Mergers and Acquisitions represented the seller in the transaction. Rex Perry and Mike Perry are brothers. After the sale, the Buick franchise was returned to the automaker. |
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03/15/2023 | 05/15/2023 | Morgan Automotive Group | Potamkin Auto Group | Kendall Hyundai-Genesis of Kendall in Miami | |||
03/09/2023 | 05/15/2023 | Lee Mehta | Patti and Larry King | Town & Country Ford | Energy Country Ford in Port Arthur, Texas | Frank O’Donnell, managing partner at Biltmore Automotive Services, represented the buyers in the transaction. Joe Ozog, president of Ozog Consulting Group in Scottsdale, Ariz., represented the sellers. |
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The transaction closed the week of April 24, 2022. | 05/15/2023 | TJ and Todd Stalker | Jack Davis | Stalker-Chevrolet-Buick-GMC and Stalker Chrysler-Dodge-Jeep-Ram | M&M Motors, a General Motors and Stellantis dealership in Creston, Iowa | The Buick and GMC franchises were relocated to Stalker Chevrolet to form Stalker Chevrolet-Buick-GMC, but the Buick name was removed from the dealership’s website. |
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01/31/2023 | 05/08/2023 | Jarryd Carver of Winners Circle Automotive Group | Sean Earley | Winners Circle Chrysler-Dodge-Jeep-Ram and Winners Circle Chevrolet-Buick-GMC | Franklin Chrysler-Dodge-Jeep-Ram and Franklin Chevrolet-Buick-GMC, both in Virginia | ||
02/14/2023 | 05/08/2023 | Ray Ciccolo and Anthony Bartolotti of Village Automotive Group | Richard Gill | Brigham-Gill Village Chrysler-Dodge-Jeep-Ram | Brigham-Gill Chrysler-Jeep-Dodge-Ram in Natick, Mass. | Nancy Phillips Associates represented the seller in the transaction. |
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03/01/2023 | 05/08/2023 | Goode Motor Auto Group, Graydon Funk and Kody Richardson | Steven Allwine, Karla Allwine and Mark Troupin | Juneau Chrysler-Dodge-Jeep-Ram-Subaru and Juneau Toyota-Honda-Chevrolet | Mendenhall Chrysler-Dodge-Jeep-Ram-Subaru and Mendenhall Toyota-Honda-Chevrolet, both in Juneau, Alaska | These are Goode Motor Auto’s first Alaska dealerships. Funk and Richardson have undisclosed minority stakes. The acquisition also included a Honda powersports franchise. |
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09/28/2022 | 05/08/2023 | Oleg Kislyansky of Auto Services Unlimited | Lithia Motors | North Miami Mitsubishi | Lehman Mitsubishi in Miami Gardens, Fla. | ||
08/25/2022 | 05/08/2023 | Aaron Marthaler of Marthaler Auto Group and Jay Menke | Fred Mueller | Menke Buick-GMC and Menke Mazda | Fred Mueller Automotive, a Buick-GMC dealership, and Fred Mueller Mazda, both in Schofield, Wis. | Jay Menke is a minority owner and dealer principal of the stores. Paul Kechnie of Performance Brokerage Services facilitated the transaction. |
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03/30/2023 | 05/08/2023 | Tameron Gulf Coast | Lithia Motors | Tameron Subaru | Subaru of Mobile in Alabama | This is Tameron Gulf Coast’s first Subaru store. |
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01/30/2023 | 05/08/2023 | Ed Martin Automotive Group | Mary Jamerson and Pamela Hockema | Ed Martin Buick-GMC of Anderson and Ed Martin Ford | Myers Autoworld, a Buick-GMC store, and Ford Autoworld, both in Anderson, Ind. | Hockema was a minority shareholder in the stores. Jeffrey Abrams of the Taft Stettinius & Hollister law firm advised the buyer in the deal, while Geoffrey Grodner and Erick Gjerdingen of the Mallor Grodner law firm, advised the sellers. |
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08/30/2022 | 05/08/2023 | Prieto Automotive | Lithia Motors | Roseville Chevrolet | John L. Sullivan Chevrolet in Roseville, Calif. | ||
08/08/2022 | 05/03/2023 | Phil Pulley of Skyway Auto Group | Kevin Curttright | Skyway Honda of Enid | Curttright Honda in Enid, Okla. | Kevin Curttright remained with the company to manage the store, and his son, Karson Curttright, works at the dealership as a sales associate. |
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12/01/0222 | 05/03/2023 | Tony Urrutia of Team Auto Group | Haddad Auto Group | Nissan of Pittsfield | Haddad Nissan in Pittsfield, Mass. | ||
01/23/2023 | 05/03/2023 | Brian Dorsett of Dorsett Automotive Group | Michael Tom | Dorsett Dodge-Ram | Vigo Dodge-Ram in Terre Haute, Ind. | ||
The transaction was announced the week of Dec. 18, 2022. | 05/02/2023 | Andy Mohr Automotive Group | Fernando Falcon | Andy Mohr Chrysler-Dodge-Jeep-Ram | Champion Chrysler-Dodge-Jeep-Ram in Indianapolis | ||
11/01/2022 | 05/02/2023 | Jason Wilkins | Don McCredie | Joshua Tree Chrysler-Dodge-Jeep-Ram | Yucca Valley Chrysler-Dodge-Jeep-Ram in California | Wilkins has a partner in the store. Performance Brokerage Services represented the seller and facilitated the transaction. |
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12/19/2022 | 05/02/2023 | Open Road Capital and Rinaldi Halim | Darryl Holter and Carole Shammas | Felix Chevrolet in Los Angeles | |||
01/17/2023 | 05/02/2023 | Jeff Rosen of Rosen Automotive Group | Dorian Boyland | Rosen Honda | All-Star Honda in Greenfield, Wis. | Scott Mackie of National Business Brokers facilitated the transaction. Joseph Kayne of Hardt & Stern & Kayne law firm advised the buyer, while Kelly Meltzer of Foster Garvey law firm advised the seller. |
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01/18/2023 | 05/02/2023 | John Pickett and Romaine Perkins of JRP Auto Group | Wayne Rampone Sr., Wayne Rampone Jr., and Steven Rampone | Ford of Port Jeff | Ramp Ford in Port Jefferson Station, N.Y. | Bellavia Blatt law firm provided legal counsel to the seller. |
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12/20/2022 | 05/01/2023 | Michael Winding and James Makia of WindingMakia Automotive Group | Ahmed Sadek and Tarek Aly of GreenLight Automotive | Winding Chevrolet-GMC | Longstreet Chevrolet-Buick-GMC in Kingstree, S.C. | Frank O’Donnell, managing partner at Biltmore Automotive Services, represented the buyers in the transaction. Winding and Makia returned the Buick franchise. |
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04/17/2023 | 04/24/2023 | Flow Automotive Cos. | Umansky Automotive Group | Mercedes-Benz of Charlottesville, Flow Toyota of Charlottesville, Flow Chrysler-Dodge-Jeep-Ram of Charlottesville, Flow Honda of Charlottesville and Flow Subaru of Charlottesville | Mercedes-Benz of Charlottesville, Umansky Toyota of Charlottesville, Umansky Chrysler-Dodge-Jeep-Ram of Charlottesville, Umansky Honda of Charlottesville and Umansky Subaru of Charlottesville, all in Virginia | These are Flow Automotive’s first Mercedes-Benz and Stellantis dealerships. Presidio Group represented the buyer in the transaction. David Porteous of Evans Petree was legal counsel to the seller. G. William Joyner of Kilpatrick, Townsend & Stockton was legal counsel to the buyer. |
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09/28/2022 | 04/24/2023 | Blaise Alexander Family Dealerships | Dean Patterson Automotive Group | Blaise Alexander Chevrolet-Hyundai of Altoona | Dean Patterson Chevrolet-Hyundai in Altoona, Pa. | ||
04/03/2023 | 04/24/2023 | Morrie’s Auto Group | Joe Sexton and Gary Posch | Morrie’s Little Falls Chrysler-Dodge-Jeep-Ram | Brandl Motors Chrysler-Dodge-Jeep-Ram in Little Falls, Minn. | The transaction also included a used-vehicle store and a business that provides financing for wheelchair-accessible vehicles. |
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06/01/2022 | 04/24/2023 | Campbell Auto Group | Billion Automotive | Campbell Kia of Missoula | Billion Kia of Missoula in Montana | ||
07/19/2022 | 04/24/2023 | Ourisman Automotive Group and Robert Ourisman Jr. | Thompson Automotive Group | Ourisman Toyota 40 and Ourisman Chrysler-Dodge-Jeep-Ram 40 | Thompson Toyota and Thompson Chrysler-Dodge-Jeep-Ram of Harford County in Edgewood, Md. | ||
03/01/2023 | 04/24/2023 | Matt Mead | Campbell Auto Group | Nissan of Everett | Campbell Nissan of Everett in Washington | ||
03/31/2023 | 04/24/2023 | Key Auto Group | Group 1 Automotive | Key Acura of Atlantic City | Boardwalk Acura in Egg Harbor Township, N.J. | Gershon Rosenzweig and Matt Wilkins of Performance Brokerage Services facilitated the transaction. Christine Scott was legal counsel to the seller. Stephen Roberts in Portsmouth, N.H., was legal counsel to the buyer. |
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03/30/2023 | 04/24/2023 | Friendship Family of Dealerships | LMP Automotive Holdings | Friendship Subaru of Beckley and Friendship Kia of Beckley | Hometown Subaru and Hometown Kia, both in Mt. Hope, W.Va. | ||
02/01/2023 | 04/24/2023 | Friendship Family of Dealerships | Ernie Davis and Lori Davis | Friendship Hyundai of Beckley | Hyundai of Beckley in West Virginia | ||
04/04/2023 | 04/24/2023 | Ken Ganley Automotive Group | John Gilliss | Ken Ganley Kia New Port Richey | Friendly Kia in New Port Richey, Fla. | JT Taylor of Truist Securities represented the buyer in the transaction. |
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01/09/2023 | 04/24/2023 | Key Auto Group | Matt DePrimo | Key Ford of Exeter and Key Ford of Hazleton | Barber Ford of Exeter and Barber Ford of Hazleton, both in Pennsylvania | Gershon Rosenzweig and Matt Wilkins of Performance Brokerage Services facilitated the transaction. |
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02/13/2023 | 04/13/2023 | Ourisman Automotive Group and Robert Ourisman Jr. | Steve Ramsey | Ourisman Tri-State Ford | Ramsey Ford in Rising Sun, Md. | Woody Woodward of DCG Acquisitions, a Dave Cantin Group company, handled the transaction. |
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12/14/2022 | 04/13/2023 | Key Auto Group | Brad Tonkin and Ed Tonkin | Key Acura of Reno | Acura of Reno in Nevada | Jason Stopnitzky and Jesse Stopnitzky of Performance Brokerage Services handled the transaction. |
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12/01/2022 | 04/10/2023 | Paul Napleton and Danny Randolph of Napleton Auto Group | Monty Scher | Napleton Downtown Chevrolet-Buick-GMC and Napleton Downtown Hyundai-Genesis | Rogers Auto Group, with Chevrolet-Buick-GMC and Hyundai-Genesis dealerships, in Chicago | ||
11/14/2022 | 04/10/2023 | Paul Napleton and Danny Randolph of Napleton Auto Group | Keith Ghanian and Ted Naegeli | Napleton Ford Columbus and Napleton Chevrolet-Buick-GMC Beaver Dam | Countryside Ford in Columbus and Countryside Chevrolet-Buick-GMC in Beaver Dam, both in Wisconsin | ||
08/29/2022 | 04/10/2023 | Paul Napleton and Danny Randolph of Napleton Auto Group | Tim McCue | Napleton Chevrolet St. Charles | Don McCue Chevrolet in St. Charles, Ill. | ||
02/01/2023 | 04/10/2023 | Team Automotive Group | Mike Addy | Team Dodge-Ram-Fiat of Myrtle Beach | Addy’s Harbor Dodge-Ram-Fiat in Myrtle Beach, S.C. | This is Team Automotive’s first dealership in South Carolina. Andy Gill of Gill Automotive Group represented the seller in the transaction. |
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02/06/2023 | 04/10/2023 | Ed Morse Automotive Group | Bill Campbell | Ed Morse Chevrolet California | Putnam Chevrolet in California, Mo. | ||
01/25/2023 | 04/10/2023 | Del Grande Dealer Group | Findlay Automotive Group | Audi Modesto in California | This is Del Grande’s first Audi dealership. |
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12/15/2022 | 04/10/2023 | Victory Automotive Group | Dave Kirk | Dave Kirk Chevrolet-Buick-GMC in Crossville, Tenn. | Tim Lamb Group represented the seller in the transaction. |
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09/30/2022 | 04/10/2023 | Gregg Young of Gregg Young Automotive Group | Joe Clemons | Gregg Young Toyota of Ottumwa-Gregg Young Ford-Lincoln Ottumwa | Clemons Toyota-Ford-Lincoln of Ottumwa in Iowa | Performance Brokerage Services facilitated the transaction. |
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12/03/2022 | 04/10/2023 | Gregg Young of Gregg Young Automotive Group | Rod Deter | Gregg Young Automotive of Atlantic, the Chrysler-Dodge-Jeep-Ram dealership, and Gregg Young Automotive of Atlantic — Chevrolet-Buick-GMC | Deter Motor Co. with Chrysler-Dodge-Jeep-Ram and Chevrolet-Buick-GMC dealerships in Atlantic, Iowa | ||
12/07/2022 | 04/10/2023 | Gregg Young of Gregg Young Automotive Group | Mike Clemons | Gregg Young Chevrolet Marshalltown | Clemons Chevrolet in Marshalltown, Iowa | Performance Brokerage Services facilitated the transaction. |
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03/28/2023 | 04/07/2023 | Group 1 Automotive | Charles Winton and Pat Denson | Estero Bay Chevrolet in Florida | Kerrigan Advisors represented the seller in the transaction. Stephen Dietrich of Holland & Knight was legal counsel to the seller. Buddy Dearman and Thomas England of Forvis were the seller’s accountants. Brian Nolen was legal counsel to the buyer. |
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03/15/2023 | 04/07/2023 | Maguire Family of Dealerships | Ted and Tom Shepard | Maguire Ford of Canandaigua | Shepard Ford in Canandaigua, N.Y. | ||
11/28/2022 | 04/07/2023 | George Georgeadis of Axis Group Biz | Sam DiFeo and Andy Shapiro of DiFeo Auto Group | Axis Chevrolet | Chevrolet of Jersey City in New Jersey | Stuart Lasser of Lasser Advisory Services represented both parties in the transaction. |
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03/20/2023 | 03/29/2023 | LaFontaine Automotive Group | Scott LaRiche and the LaRiche family | LaFontaine Chevrolet of Plymouth | Lou LaRiche Chevrolet in Plymouth, Mich. | ||
03/17/2023 | 03/29/2023 | Mario Murgado of Murgado Automotive Group | Paul Tamraz and Mick Austin of Motor Werks Auto Group | Motor Werks Mercedes-Benz-BMW-Porsche-Infiniti-Honda and Motor Werks Cadillac in Barrington, Ill. | |||
12/01/2022 | 03/27/2023 | Sleepy Hollow Auto Group | Bryan Sheehy, Denise Sheehy, Brent Holten and Sarah Holten | Sleepy Hollow Chevrolet-Buick | H&S Motors, a Chevrolet-Buick dealership in Cresco, Iowa | ||
03/13/2023 | 03/27/2023 | Swickard Auto Group | Anderson Holdings | Swickard Buick-GMC of Thousand Oaks, Swickard Chevrolet of Thousand Oaks and Cadillac of Thousand Oaks | Buick-GMC of Thousand Oaks, Chevrolet of Thousand Oaks and Cadillac of Thousand Oaks, all in California | Presidio Group represented the seller in the transaction. |
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12/12/2022 | 03/27/2023 | Great Lakes Auto Network | George Townsend | Great Lakes Honda City | Honda City in Liverpool, N.Y. | This is Great Lakes Auto Network’s first dealership in New York. |
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12/05/2022 | 03/21/2023 | Mario Murgado of Murgado Automotive Group | Tom Pauly of Pauly Motors | Honda of Libertyville and Acura Highland Park | Pauly Honda in Libertyville, Ill., and Pauly Acura in Highland Park, Ill. | ||
02/21/2023 | 03/20/2023 | Randy Marion Automotive Group | Church family | Randy Marion Chevrolet-Buick-GMC of West Jefferson | West Jefferson Chevrolet in North Carolina | ||
03/06/2023 | 03/20/2023 | Randy Marion Automotive Group | Gerry Wood | Randy Marion Chrysler-Dodge-Jeep-Ram of Salisbury, Randy Marion Honda and Randy Marion Kia | Gerry Wood Dodge of Salisbury, Gerry Wood Honda and Gerry Wood Kia, all in Salisbury, N.C. | These are Randy Marion’s first Honda and Kia dealerships. |
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03/13/2023 | 03/20/2023 | Fox Motors | Sam Slaughter | Fox Subaru Macomb and Fox Buick-GMC | Sellers Subaru in Macomb, Mich., and Sellers Buick-GMC in Farmington Hills, Mich. | The acquisition also included an Isuzu commercial truck center and a collision center. |
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03/09/2023 | 03/20/2023 | Van Horn Automotive Group | David Hobbs and Greg Hobbs | Van Horn Honda of Glendale | David Hobbs Honda in Glendale, Wis. | This is Van Horn’s first Honda dealership. |
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02/22/2023 | 03/15/2023 | Troy Duhon of Premier Automotive Group and Tim Barnett | Wendell Barnette | Freedom Chevrolet | Freedom Ford of Claypool Hill in Pounding Mill, Freedom Ford of Wise and Freedom Chevrolet of Big Stone Gap, all in Virginia | The Ford dealerships were not renamed. |
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02/02/2023 | 03/15/2023 | Ride Automotive Group | Robert Bayer and Mac McKinley | Simi Valley Chrysler-Dodge-Jeep-Ram in California | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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03/01/2023 | 03/15/2023 | Ride Automotive Group | Michael Glasser | Marin Mazda in San Rafael, Calif. | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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03/01/2023 | 03/15/2023 | Troy Duhon of Premier Automotive Group and Anthony Legeaux | Henderson family | Premier Ford of Waveland | Charlie Henderson Ford in Waveland, Miss. | ||
02/28/2023 | 03/10/2023 | Tasca Automotive Group | Jonathan Grant, Daniel Oliveri and Jim Ingenito | Central Avenue Chrysler-Jeep-Dodge-Ram in Yonkers, N.Y. | Tasca bought a majority stake in the dealership, while Grant, Oliveri and Ingenito stayed on as partners and retained ownership stakes. |
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01/24/2023 | 03/10/2023 | Tasca Automotive Group | Dwight McGuirk | Tasca Ford-Mazda-Subaru Yonkers | Smith-Cairns in Yonkers, N.Y. | This is Tasca’s first Subaru dealership. |
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12/16/2022 | 03/10/2023 | Tasca Automotive Group | Todd Crossley and Terry Miller | Gary Crossley Ford in Kansas City, Mo. | Tasca Automotive bought an undisclosed stake in the dealership. Crossley, dealer principal of the dealership, and Miller, vice president and general manager of the store, retained undisclosed stakes in the dealership. |
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12/05/2022 | 03/10/2023 | Tasca Automotive Group | John Grow | Tasca Ford Dickson City | Gibbons Ford in Dickson City, Pa. | Rob Lee of Tim Lamb Group represented the seller in the transaction. |
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02/28/2023 | 03/10/2023 | Bob Nouri and Pete Shaver of Nouri/Shaver Automotive Group | Nick Worthington and Dave Karalis | BP Ford of Long Beach | Worthington Ford in Long Beach, Calif. | Jason Stopnitzky, co-founder of Performance Brokerage Services, brokered the transaction. |
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03/10/2023 | Undisclosed | LMP Automotive Holdings | Bachman-Bernard Chevrolet-Buick-GMC-Cadillac in Greeneville, Tenn. | LMP announced the sale on Nov. 9, 2022, but the closing date and buyer’s information is unknown. |
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12/07/2022 | 03/10/2023 | Lithia Motors | Undisclosed | Glenn’s Freedom Chrysler-Dodge-Jeep-Ram in Lexington, Ky. | This is Lithia’s first dealership in Kentucky. |