DEALERSHIP BUY/SELL

Greg Errion of Greg Errion Consulting represented the sellers in the transaction. 

Michael Lacey of DCG Acquisitions, a Dave Cantin Group company, represented the buyer in the transaction. 

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

Kerrigan Advisors represented the seller in the transaction. 

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. 

Chris Cobb of SAR Partners represented the buyer in the transaction. 

Mike Murphy’s sons Mike Murphy Jr., the dealership’s used-car manager, and Chris Murphy, the store’s general manager, both stayed with Putnam as partners and have an undisclosed minority interest in the dealership. Jason Stopnitzky of Performance Brokerage Services represented the seller.

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

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

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.

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

Hollis Kaiser is a minority owner in the dealership.

The Cutter dealership had a main location in Waipahu and a satellite location in Honolulu. When JN bought the dealership, the store was consolidated into the Honolulu location. 

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. 

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

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

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

John Chisholm of Dealer Solutions Mergers and Acquisitions represented the buyers in the transaction, while Greg Errion of Greg Errion Consulting represented the sellers. 

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

Rob Lee of Tim Lamb Group handled the transaction. 

Kerrigan Advisors represented the seller in the transaction. 

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

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

Wilson is a co-owner and operator. Nancy Phillips Associates represented the buyer in the transaction. 

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. 

 BofA Securities represented the seller in the transaction.

Performance Brokerage Services handled the transaction. 

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

Paul Kechnie of Performance Brokerage Services handled the transaction. 

CliftonLarsonAllen represented Rehkemper in the transaction.

Mike Sims of Pinnacle Mergers & Acquisitions handled the transaction.

Bob Morris from Tim Lamb Group represented the seller in the transaction. 

Performance Brokerage Services represented the seller in the transaction.

Sterling Mergers and Acquisitions represented Lithia in the transaction.

Kerrigan Advisors represented the seller in the transaction. 

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

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.

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

Hicks Management & Consulting Group handled the transaction.

Tiller told the Cherokee Scout newspaper that his partner for the store is Adam Crane. Gerrick Wilkins of Dealer Support Network said he represented the buyer in the transaction. Andy Gill of Gill Automotive Group, a sell-side firm in St. Augustine, Fla., said he represented the seller. 

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. 

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.

This is the group’s first dealership in West Virginia and third Hyundai store. 

Jonny Mecham of Performance Brokerage Services handled the transaction.

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

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

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

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

Performance Brokerage Services handled the transaction. 

Performance Brokerage Services handled the transaction.

Performance Brokerage Services handled the transaction.

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

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.

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

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

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.

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

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. 

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. 

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.

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

The Buick franchise was returned to the manufacturer. 

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

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

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. 

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