Date published: July 12, 2022
Group 1 Automotive Inc. acquired three luxury dealerships in Shreveport, La. It also said it sold stores in the second quarter in Texas and Massachusetts.
Group 1 Automotive Inc. has acquired three dealerships and a collision center to expand its presence in Louisiana.
The stores are expected to add $110 million in annual revenue.
The auto retailer said Monday that it bought Mercedes-Benz of Shreveport, Jaguar-Land Rover Shreveport and Holmes Volvo Cars, also in Shreveport.
Click here to read the full article [may require a subscription].
Kerrigan Advisors is honored to work with auto retailers throughout the US to enhance the value of their enterprise. Learn more about our services below:
If you are a buyer in today’s market, Kerrigan Advisors welcomes the opportunity to learn about your acquisition criteria and include you in Kerrigan Advisors’ proprietary Buyer Database.
We welcome the chance to learn more about your acquisition criteria so that we can contact you in the event a client matches your investment profile.
Contact us to learn more about Kerrigan Advisors’ client services, or to have a conversation about the buy/sell market. All of our conversations are 100% confidential.