Automotive Acquisitions in 2026

Asbury Automotive Group sold six Plaza Motors luxury dealerships and the Plaza Collision Center in the St. Louis market to MileOne Autogroup; the transaction closed on Feb. 23. The Presidio Group advised Asbury on the divestiture. MileOne will retain the Plaza name and use the acquisition to expand its footprint into the St. Louis region with immediate scale across multiple luxury brands.

RBM of Atlanta acquired three Greenville, South Carolina dealerships — Porsche of Greenville, Land Rover Greenville and Crown Nissan of Greenville — from Asbury Automotive Group in a transaction that included related real estate and closed Feb. 23. The Presidio Group advised Asbury on the divestiture; the deal marks RBM's first expansion beyond the metro-Atlanta area as it grows its multi-brand dealership footprint.

Hunter Automotive Group, a fourth-generation family-owned auto retailer headquartered in Hendersonville, North Carolina, has acquired Victory Chevrolet in Charlotte to establish a presence in the Charlotte market. The company said the acquisition will be seamless for customers and includes a commitment to local community investment through its Hometown Promise initiative.

EAS Tire & Auto, a Straightaway brand, acquired Total Automotive in Fort Collins, Colorado, marking EAS's 23rd shop in the state. Owner Ross Houk will transition the location to EAS while the shop continues operating with the same team and local focus.

E1T1 Automotive Group, led by Jarryd Carver, acquired Audi Gainesville from Warren Henry Automotive Group. Haig Partners served as exclusive buy-side advisor; the deal marks E1T1’s first acquisition in Florida and its entry into the luxury segment, with Carver becoming Florida’s first Black Audi dealer.

duPont REGISTRY Group (DRG) has acquired a majority stake in Elferspot, the Austria-based marketplace and media platform for pre-owned and classic Porsche sports cars. The deal will keep Elferspot’s team and operations in Austria while enabling international expansion through DRG’s marketing, dealer relationships, editorial reach and commerce capabilities.

Sun Auto Tire & Service acquired four tire and automotive service locations in Alabama through purchases of Bay City Tire & Wheel (Mobile), Black's Tire (Rainsville), and two Auto Save locations (Montgomery and Prattville). The deal expands Sun Auto's Gulf Coast and statewide footprint and folds the four stores into its Sun Auto Network, which now exceeds 550 locations nationwide.

Bish's RV has acquired Cordelia RV in Fairfield, California from owner JC Foreman. Cordelia RV will be renamed Bish's RV and remain at its current location; the acquisition is Bish's RV's first dealership in California. Performance Brokerage Services acted as the exclusive sell-side advisor.

FFUN Group has acquired Key Auto Group, adding four dealerships and a collision centre in Yorkton and Swan River to expand its presence across Saskatchewan and Manitoba. The deal brings additional OEM brands (Toyota, Cadillac, GMC, Chevrolet, Buick, Kia) into FFUN's portfolio and supports the company's strategy of regional expansion and operational integration.

Polaris has completed the separation of Indian Motorcycle into a standalone business and sold a majority stake in the brand to Carolwood LP, an independent private equity firm based in Los Angeles. Financial terms were not disclosed; Polaris said the divestiture allows it to sharpen focus on core powersports businesses while Indian Motorcycle will operate independently under new majority ownership.

Left Lane Auto, a national tire retail and automotive-service platform and portfolio company of Bertram Capital, has acquired Don Foshay's Discount Tire & Alignment, a six-location automotive repair and tire retail chain based in Portland, Maine. Terms were not disclosed; Left Lane said it will retain management and employees across all locations and the deal brings the platform to over 80 stores across 19 states as it expands into New England.

Prestige Auto Group, led by owner George Albanna, has acquired Columbiana Ford in Columbiana, Ohio from Pillar Automotive. The dealership will be renamed Prestige Ford and remains at its current location; Performance Brokerage Services acted as exclusive advisor to the transaction.

Kedge Cook, owner of Cook Ford Texas, acquired Martin Chrysler Dodge Jeep Ram in Cleveland, Texas from seller Brian Bounds. The dealership will be renamed Cook Chrysler Dodge Jeep Ram and will remain at its current location as part of Cook's expanding dealer portfolio.

Keeler Motor Car Company, in partnership with Open Road Capital, acquired three dealerships — Lexus of Westport, Toyota of Westport and Audi Hawthorne — from New Country Motor Car Group. Haig Partners served as exclusive advisor to New Country on the sale as New Country repositions capital into other markets.

Alliance RV, LLC has acquired Midwest Automotive Designs from Terex Corporation (previously part of REV Group). The transaction transfers the Elkhart-based luxury B‑van and motorhome conversion business to Alliance RV as the buyer expands into the motorized recreational-vehicle segment.

Fulcrum Capital Partners has made a control investment in GlassMasters Autoglass, a Calgary-based multi-location autoglass repair, replacement and ADAS calibration platform serving retail and commercial customers across four Canadian provinces. Fulcrum intends to support GlassMasters' growth by investing in people, locations and capabilities to expand the company's reach and service offering.

Kunes Auto & RV Group completed three acquisitions, purchasing two dealerships from the family‑owned Valley Automotive Group (now Kunes Apple Valley and Kunes Valley GMC in Hastings, Minnesota) and Kunes Lakes Chevrolet in Lake Bluff, Illinois from The Exchange. The deals expand Kunes’ Midwest footprint into the Twin Cities market and the Chicago North Shore, and include a succession element as Valley Automotive Group’s family remained involved in Minnesota operations.

MiddleGround Capital has acquired Pi Innovo from Dana Incorporated and will integrate the company into its portfolio platform, New Eagle. Pi Innovo, headquartered near Detroit, Michigan, develops open-platform electronic control units (ECUs) and embedded control software for electrification, clean-fuel and specialty mobility applications; the deal expands New Eagle's hardware and software controls capabilities across automotive, commercial vehicle and aerospace/defense end markets.

Stoneridge, Inc. has sold its Control Devices segment to an affiliate of Center Rock Capital Partners for a base purchase price of $59 million. Stoneridge said it will use net proceeds to repay debt and sharpen focus on its core growth platforms (Vision & Safety, Connectivity, and Vehicle Intelligence), while Center Rock will take the Control Devices business forward under dedicated ownership.

Matt Bowers Automotive Group acquired Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana from Asbury Automotive Group, closing on February 2, 2026. The acquisition is Matt Bowers Automotive Group's first Indiana location and expands its Chrysler Dodge Jeep Ram franchise footprint while bringing the dealership into operation as Indy Chrysler Dodge Jeep Ram.

Straightaway Tire & Auto, a PE-backed aftermarket automotive repair platform, has acquired Silverlake Automotive, a five-location repair brand based in Coeur d'Alene, Idaho. The deal (announced by O2 Investment Partners) expands Straightaway's Mountain West footprint and brings Silverlake into Straightaway's multi-brand platform as its fifth brand.

Murgado Automotive Group has acquired Toyota of Lincoln Park, a Chicago-area Toyota dealership formerly owned by AutoCanada’s U.S. subsidiary Leader Automotive Group. Haig Partners served as exclusive sell-side advisor on the transaction, which represents a local-market expansion for Murgado and a divestiture by AutoCanada/Leader Automotive Group.

Bommarito Automotive Group has acquired David Taylor Ellisville Chrysler Dodge Jeep Ram in Ellisville, Missouri from owner David Taylor. The dealership will be renamed Bommarito Chrysler Dodge Jeep Ram and continue operating at its current location; Performance Brokerage Services served as the sell-side advisor.

Fair Holdings, led by TrueCar founder Scott Painter, completed a $227 million take-private acquisition of TrueCar with a strategic investor group including PenFed Credit Union, Zurich North America, AutoNation, Atlantic Coast Automotive, Impel AI, ID.me, CRIF and In The Car. TrueCar will be delisted and Painter returns as CEO; the new ownership group plans to prioritize profitability and deepen integrations with lenders, insurers, dealers and technology partners to expand the platform's capabilities.

AutoCanada Inc. completed the acquisition of Modern Autobody, a single-location collision and refinish repair facility in Edmonton, Alberta. The purchase expands AutoCanada's collision repair footprint in the Edmonton market and strengthens its luxury and electric vehicle OEM certification coverage while creating opportunities to establish insurer direct repair programs and capture operational synergies.

The Jeff Wyler Automotive Family has acquired Midwestern Auto Group (MAG), a single-campus group of 14 premium and luxury automotive franchises in Dublin, Ohio, and will rebrand the site as The Wyler Collection. The deal — executed as part of a succession plan for owner Mark Brentlinger with sell-side advisory from Dave Cantin Group — is expected to add about $500 million in incremental annual revenue and significantly expand Wyler’s luxury retail footprint.

Collision Partners, a Raleigh-based collision-repair platform, completed acquisitions of Fantastic Finishes and Chassis Master as the first two deals in its quality-first growth strategy across the Southeastern United States. The transactions bring experienced operators (including Fantastic Finishes founder Russ Swift) into the platform leadership while preserving local brands and expanding capabilities in luxury OEM, dealership and insurer channels.

Club Car Wash has acquired the single-site Matt's Carwash at 1165 S. Illinois Route 31 in Crystal Lake, Illinois. The location is being renovated and will reopen as a Club Car Wash in February, expanding Club Car Wash's presence in Illinois and adding to its nationwide network.

Boyd Group Services Inc. completed the acquisition of Joe Hudson's Collision Center (JHCC Holdings LLC) for approximately US$1.3 billion, adding 258 collision-repair locations and increasing Boyd's North American footprint by 25% to 1,301 locations. The deal, funded via a US equity offering, senior notes and borrowings on its credit facility, strengthens Boyd's density in the U.S. Southeast and is expected to generate meaningful cost synergies.

The Riverside Company has invested in Certified Collision Group (CCG), a subscription-based membership network serving independent collision repair shops across the United States and Canada. Incline Equity Partners, which acquired CCG in 2022, sold the business to Riverside as part of an exit following significant revenue growth and strategic expansion under Incline's ownership.

Audax Strategic Capital made a structured, non-control equity investment in Strickland Brothers, the Princeton Equity Group-backed quick-lube and automotive maintenance platform, to fund M&A activity and support national expansion. The financing (part of a broader $360 million committed financing led by Golub Capital) closed in early January 2026; financial terms were not disclosed.