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Acquisition

Acquisitions Continue for Two Automotive Groups

West Herr Automotive Group purchased a Mazda dealership this month while Gee Automotive Cos. purchased another Subaru dealership

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LMP Automotive Holdings Sues Two Dealerships for Acquisition Deposits

LMP Automotive Holdings Inc. sues dealership owners in New York and Texas for a combined $3 million in deposits it made to acquire their stores.

Lithia Motors Reports 55% Increase in Q4 Net Income

The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.

National Auto Care Acquires ADS Management Group

The agency provides dealership development and F&I products and services to automobile dealerships throughout the Mid-Atlantic and Southeast regions of the U.S.

APCO Holdings Acquires Strategic Diversified

This acquisition strengthens APCO's position in the Mid‐Atlantic and adds a talented team that is recognized as F&I Development leaders.

National Auto Care Furthering Aggressive Growth Strategy with Five Acquisitions

National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development Group.

Bobit and Spectrum Automotive Holdings Announce Jim Polley as Keynote Speaker at Agent Summit

Spectrum Automotive Holdings CEO Jim Polley will speak on “Selling Your Agency”

Digital Air Strike Acquires Online Vehicle Marketplace

The acquisition marks the sixth M&A transaction for the company and the first consumer-facing asset owned by Digital Air Strike as it continues to expand its online car-buying experience.

National Auto Care Acquires Coffeen Management

Coffeen Management Company further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.

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Portfolio Acquires Finance Concepts, LLC

LAKE FOREST, Cali. – Portfolio Group announced today that it has acquired a majority interest in Finance Concepts, LLC, one of its largest producing agencies headquartered in Folsom, California. Portfolio is owned by the company’s management and Capital Z Partners, a New York-based private equity firm. Terms of the transaction were not disclosed. “We are very ... Read More »

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