Tag: mergers and acquisitions
How this Texas dealership is revolutionizing the sector – Evelyn Sames...
Texas’s oldest dealership, and one of the oldest in the nation, belongs to the family-owned Sames Auto Group. Since its start in 1910, the...
M&A roundup: dealerships change hands in Virginia, California, Ohio and more
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023...
Strong demand for dealership acquisitions despite decline in blue sky values
The latest Haig Report for Q3 2023 from buy/sell firm Haig Partners revealed a sustained high demand for car dealerships. The report indicates that...
PSD Automotive Group acquires Global Auto Mall
On October 27, PSD Automotive Group acquired the Global Auto Mall of North Plainfield, New Jersey.
Global Auto Mall, which includes Global Kia of North...
Weekly roundup: October auto sales forecasts, UAW labor deals, and EV...
Earlier this week: October, U.S. car sales were projected to rise despite ongoing manufacturing challenges, according to S&P Global Mobility. Labor relations saw a...
Ciocca Dealerships is set to acquire Apple Automotive early next year
In the first quarter of 2024, Pennsylvania-based Stewart Companies will sell Apple Automotive, which is comprised of 10 dealerships, to Ciocca Dealerships in Southern...
Ed Morse Automotive Group acquires three dealerships in Texas
The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas. The dealerships were purchased from Foundation Automotive Corp.
The...
Murgado Automotive Group acquires two Mercedes-Benz stores in Virginia
Murgado Automotive Group has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, located in the greater Richmond, Virginia area, from Rod McGeorge. This announcement...
The unquestioned data advantage in the dealership buy/sell equation
Changes in the dealership buy/sell landscape are ever evolving. The economy, dealership performance, geographical differences, and new bills, laws and regulations all factor into...
Firelands Auto Group acquires Victory Honda of Sandusky
Victory Honda of Sandusky, previously owned by Victory Automotive Group, has been sold to Firelands Auto Group. Firelands Auto Group, operated by Patrick O’Brien,...
