Atlanta will become Group 1 Automotive’s second-largest market with the billion-dollar purchase of Hennessy’s Automobile Companies’ 10 dealerships. +
A nonbinding proposal from Penske’s largest shareholders would take one of the “Big 6” publicly traded dealer groups private at $210 per share. +
Fidelity Dealer Services of Northern New Jersey joins the EasyCare brand with the latest in a series of agency acquisitions announced by APCO Holdings. +
Dealer Performance Group will operate under the EasyCare brand following APCO’s second major Southeast agency acquisition in as many months. +
Hendrick Automotive Group’s portfolio now includes 31 brands in 140 rooftops with the purchase of Foreign Cars Italia of Charlotte and Greensboro. +
AutoNation has purchased the Audi, Mercedes-Benz and Porsche dealerships in tony Fremont, Calif., from Fletcher Jones Automotive Group. +
Georgia Wheelz and its roster of independent auto dealers throughout the Southeast has been acquired by Georgia-based F&I product and dealer solutions provider APCO Holdings. +
Kerrigan Advisors’ Q1 Blue Sky Report finds multistore deals and soaring valuations helped drive a record 478 transactions over the past 12 months. +
Feldman Automotive Group has acquired Northern Ohio’s Firelands Auto Group, adding its first Honda and Toyota franchises and growing its footprint to 25 dealerships in four states. +
Cox Automotive’s acquisition of Fullpath’s customer data platform and marketing automation tools will give dealers the ability to create personalized customer experiences at scale. +
