Automotive Acquisitions in Texas

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.

LFM Capital has acquired Vintage Air, a San Antonio-based designer and manufacturer of aftermarket air‑conditioning systems for classic and late‑model cars and trucks, from Mangrove Equity Partners. Mangrove credited operational improvements, D2C expansion and an earlier add‑on (AC Solutions) for strengthening Vintage Air prior to the sale; LFM Capital will add Vintage Air as a platform investment to expand its niche manufacturing portfolio.

Classic Collision, a national multi-site collision repair operator based in Atlanta, acquired Fawbush Body Shop in Livingston, Texas. The acquisition expands Classic Collision's network in Texas by adding a locally owned collision repair facility with over 30 years of service to the community.

LFM Capital has acquired Vintage Air, a San Antonio‑based manufacturer of performance aftermarket automotive HVAC systems, making the company a new LFM portfolio company. Northstar Capital provided debt financing and an equity co‑investment to support LFM’s acquisition and future growth initiatives.

US Auto Trust has acquired Boardwalk Auto Group's Dallas operations, adding Ferrari, Lamborghini, Maserati, Pagani and Czinger dealerships to its portfolio. The transaction expands US Auto Trust's luxury automotive retail footprint and strengthens its presence in the Texas high-end vehicle market.

Leslie Doggett Auto Group has acquired Russell & Smith's Ford and Honda dealerships, collision center, and a top-five wholesale Ford and Honda parts distribution business from the Mike Smith and Chase Smith families. The Houston-based acquisition adds over $300 million in annual revenue and a workforce of roughly 226 full-time employees plus 58 technicians, strengthening Doggett's Greater Houston footprint and expanding its automotive and parts distribution capabilities.

Ancira Automotive Group has acquired Patriot Buick-GMC in Killeen, Texas from owner John Kliewer. Haig Partners served as exclusive sell-side advisor and all Patriot employees will be retained as part of the transition, supporting Ancira’s continued expansion in the Texas dealership market.

Greybull Stewardship, a private investment firm headquartered in Jackson, Wyoming, has acquired VSSTA, Inc., a provider of remote vehicle scanning, diagnostics and ADAS calibration services for collision repair shops. Financial terms were not disclosed; Greybull said it will provide operational support and resources to scale VSSTA's remote diagnostics, calibration and training offerings.

Express Wash Concepts (EWC) acquired three Zips Car Wash locations in the Greater Cincinnati area, effective May 15, 2025, to expand its Flying Ace Express footprint. EWC will invest more than $5 million to renovate and rebrand the sites, bringing its express wash portfolio to 118 locations across six states and reopening the Cincinnati sites as Flying Ace Express on August 1, 2025.

Fenix Parts (Fenix Parent LLC), a PE-backed automotive recycler and reseller, has acquired Assured Auto Parts in San Antonio, Texas to expand its Texas footprint and better serve customers in the San Antonio–Austin region. The deal strengthens Fenix's regional network and is consistent with the company’s add-on acquisition strategy while benefitting from backing by Stellex Capital Management.

Classic Collision acquired Doug's Paint and Body in White Oak, Texas, expanding its East Texas footprint. The acquisition adds another repair center to Classic Collision’s national network (founded 1983 in Atlanta), which has grown to more than 300 locations across roughly 20 states.

Classic Collision, a national multi-site collision repair operator based in Atlanta, has acquired two Midland, Texas collision repair locations: Pat Gray Collision Center and Platinum Collision Center. The deal expands Classic Collision's footprint into the Midland market and adds two service locations to its nationwide network.

RealTruck, Inc. has acquired Dealer Products Holdings, Inc. (doing business as Vehicle Accessories Group or VAI) from Kinderhook Industries. The deal expands RealTruck's manufacturing footprint, OEM relationships and product portfolio—broadening its aftermarket and e-commerce reach while bringing VAI's OEM-focused accessory capabilities into the RealTruck platform.

Main Street Auto, a multi-location auto repair platform based in Atlanta, acquired Dennis Quick Auto Service & Sales, Inc., a full-service auto repair and tire shop in Snyder, Texas. The transaction, which closed on November 18, 2024, transfers ownership from longtime owner Bubba Dennis to Main Street Auto and expands Main Street Auto's footprint and service capacity in West Texas, where Dennis Quick serves a predominantly commercial (oil field) customer base.

Halifax Group completed a growth investment in Universal Air Conditioner, LLC (UAC), a Mansfield, Texas–based designer and distributor of aftermarket HVAC components for cars, trucks and heavy-duty equipment. Co-CEOs Francisco Coll and Sophia Coll Crowley will remain in leadership and retain a significant ownership stake as Halifax provides the company’s first institutional capital to support expansion and platform-building in the automotive aftermarket.

Clay Cooley Auto Group has acquired Don Davis Ford in Arlington, Texas, and will operate the location as Clay Cooley Ford. The acquisition expands Clay Cooley's presence in the Dallas–Fort Worth market and brings the dealership's sales, service and parts operations under the Clay Cooley brand.

Clay Cooley Auto Group has acquired Don Davis Chrysler Jeep Dodge Ram in Arlington, Texas and rebranded it as Clay Cooley Chrysler Jeep Dodge Ram. The acquisition expands Clay Cooley's dealership footprint in the Dallas–Fort Worth market and is intended to enhance service offerings and customer experience in Arlington. Financial terms were not disclosed.

Clay Cooley Auto Group has acquired Don Davis Nissan, a Nissan dealership in Arlington, Texas, expanding Clay Cooley’s presence across the Dallas–Fort Worth market. The acquisition will integrate Don Davis Nissan into the Clay Cooley network to provide expanded inventory, enhanced service options, and continued community engagement.

HOLT Truck Centers (a HOLT Group operating company) has acquired Kyrish Truck Centers, a family-owned operator of 20 International Motors, Fleetrite Truck Parts, Idealease, and Longhorn Bus dealerships and service centers in Texas. The deal brings HOLT’s total locations to 35, makes it the third-largest International Motors dealer in the U.S., and transfers roughly 550 Kyrish employees to HOLT while preserving Kyrish’s Longhorn Bus brand in Texas.

Dobbs Tire & Auto Centers, a PE‑backed regional tire and automotive service platform headquartered in High Ridge, Missouri, has acquired Automotive Super Center (ASC), a multi-location automotive repair and tire retailer based in Longview, Texas. The deal marks Dobbs' first buy‑and‑build add‑on as it expands into the Texas market and grows its store footprint.

Classic Collision, a national multi-site collision repair operator based in Atlanta, acquired seven collision repair locations in East Texas — three locations from Burl Richardson (Allstar Collision, Burl’s Collision and Henderson Collision) and four locations from a fourth-generation family-owned group (A&B Body Shop, Precision Autobody, Elite Collision and Quality Paint & Body) headquartered in Lufkin. The transactions expand Classic Collision's footprint in Texas and add additional local repair capacity and teams to its network.

Big Brand Tire & Service has acquired Tires To You, a seven-location tire retailer in the Austin, Texas area, marking Big Brand’s first entry into the Texas market. The acquired locations will be rebranded as Big Brand Tire & Service as the company plans further expansion in Texas and integration of its resources and technology to support growth.

Quality Collision Group (QCG), a private equity-backed owner/operator of OEM-certified collision repair centers, has acquired Hance's Uptown Collision Center in Plano, Texas. The acquisition expands QCG's footprint in Texas and adds an OEM-certified luxury vehicle repair shop to its growing platform of collision centers.

Three Texas dealerships — South Austin Nissan, Baytown Nissan and Hyundai of Silsbee — were sold in transactions facilitated by Pinnacle Mergers & Acquisitions. South Austin Nissan was acquired by Julie Herrera (IDEA Auto Group) and will operate as City Limits Nissan; Baytown Nissan was acquired by Raymond Palacios' Bravo Auto Group; and Hyundai of Silsbee was acquired by Mike Terry and Jarryd Carver through their new E1T1 Auto Group partnership.

Atlantic Street Capital has made an additional $70 million investment in its portfolio company Zips Car Wash to support operating initiatives, member experience, leadership, and wash quality. The capital will be used to accelerate growth across Zips' ~270 locations and further develop its membership and equipment upgrades.

America's Group has acquired San Antonio Auto Auction from BA&W Enterprises Ownership Group, expanding America's Group's auction footprint to 39 locations across 19 states. The San Antonio facility sits on 44 acres and includes a six-lane arena, reconditioning facilities and mechanical services; the move is aimed at expanding America's Group's geographic reach and remarketing capabilities.

America's Car-Mart, Inc. has entered into a definitive agreement to acquire the dealership assets of Texas Auto Center (TAC), the two-location Austin/San Marcos used-car dealership founded by Bob and Erika Blankenship. The transaction (which excludes TAC's legacy finance receivables) is expected to close in the first quarter of Car-Mart's 2025 fiscal year and expands America's Car-Mart's footprint in the Texas market.

Stellex Capital Management closed a single-asset continuation vehicle that acquired interests in Fenix Parts, providing follow-on capital to support organic growth and the company’s add-on M&A pipeline. Concurrently, Fenix refinanced its debt with TCW Private Credit Group as lead lender; Evercore served as financial advisor and Kirkland & Ellis and Greenberg Traurig as legal counsel.

Sun Auto Tire & Service has acquired Carrollton Complete Automotive to expand its automotive service and tire footprint across Texas. The deal will integrate Carrollton Complete Automotive's team and services into Sun Auto's network, giving customers access to Sun Auto's nationwide warranty program and employees enhanced benefits and resources.

Get Spiffy, Inc. (Spiffy), a mobile car maintenance and detailing platform led by CEO Scot Wingo, acquired NuVinAir, a Plano, Texas–based provider of patented vehicle cleanliness solutions and proprietary cleaning machines. The acquisition expands Spiffy's service categories and product lines—bringing NuVinAir's Cyclone system and product portfolio into Spiffy's offerings to better serve fleet managers, rental companies and dealer/OEM partners.

Hanging Rock, a Dallas-based investment vehicle formed by Nick Feinman and Jim Karol, acquired Car-O-Liner Southwest from founder Tim Curran; the transaction closed on March 7, 2024. The new owners plan to invest in the company’s service division, physical infrastructure and operating systems while Nick Feinman and Jim Karol will take active operating roles to support growth across the company’s six-state southwestern territory.

Cloyes Gear & Products, a Fort Smith, Arkansas-based designer and manufacturer of timing drive systems, has acquired Denton, Texas-based Automotive Tensioners, Inc. (ATI), a supplier of front-end accessory drive pulleys and tensioners for the automotive aftermarket. The add-on strengthens Cloyes' aftermarket product portfolio and distribution reach, building on recent platform activity including the Rotomaster acquisition.

Fenix Parent LLC (doing business as Fenix Parts) has completed the acquisition of the assets of Pacific Rim Auto Parts in Fort Worth, Texas. The transaction expands Fenix’s specialty-vehicle recycling and e-commerce parts capabilities; Fenix is a Stellex Capital-backed platform pursuing add-on acquisitions across the U.S.

Continental Auto Parts, a portfolio company of Kinderhook Industries, acquired K W Automotive Inc. dba Pro Parts Center, a Houston-based distributor of aftermarket collision automotive parts. The add-on expands Continental Auto Parts' footprint into Texas and surrounding Gulf states, enabling the combined platform to better serve multi-shop operators (MSOs) and independent collision shops in Texas, Louisiana and Oklahoma.

Mammoth Holdings LLC, an express car wash platform headquartered in Dallas, acquired Galaxies Express Car Wash, an operator of two express conveyor car wash locations in Killeen, Texas. The acquisition is an add-on to Mammoth's platform as part of its national expansion strategy and furthers its footprint in the Texas market.

Mammoth Holdings LLC acquired Today's Car Wash, a developer and operator of seven express conveyor car wash locations in Killeen, Texas (with an eighth under construction). The deal is an add-on to Mammoth's national car wash platform as part of its expansion into the Texas market and larger "drive-to-five" growth plan.

Ron Hoover RV & Marine Centers, a family-owned Texas dealership group, acquired Master Marine and Outdoor Living RV — two adjacent dealerships in San Antonio, Texas — from owner George Noyes. The acquisition expands Ron Hoover's footprint in Texas and preserves the dealerships' existing locations and operations.

Cox Automotive has acquired Corcoran's Mobile Services (CMS), a Houston-headquartered provider of mobile fleet maintenance and repair operating across 30 states. The acquisition expands Cox Automotive’s fleet services footprint and capabilities, bringing Corcoran’s decades of fleet-maintenance experience into Cox’s Mobility Fleet Services organization.

Quality Collision Group (QCG), a private-equity-backed multisite owner/operator of OEM-certified collision repair centers, has acquired Stuart's Paint & Body in Plano, Texas. The acquisition is QCG's first in Texas and expands its national footprint, while Stuart Singer will remain in his role and the shop will retain its name and branding.

Pinnacle Mergers & Acquisitions advised Sonic Automotive on the sale of Momentum Maserati Alfa Romeo in Hurst, Texas to buyers Brady Bishop and Chip Johnson. The dealerships have been renamed Bishop Maserati of Hurst and Bishop Alfa Romeo of Hurst following the transaction.

The Khoury Group has acquired Don Elliott Autoworld (now operating as Wharton Chevrolet GMC and Ram Country of Wharton) from owner Don Elliott. Pinnacle Mergers & Acquisitions represented the seller in the transaction as The Khoury Group expands its Texas dealership footprint.

Foundation Automotive Corp. has purchased Crossroads Dodge Chrysler Jeep Ram in Liberty, Texas, adding the store as the group's 17th dealership in Texas and its 8th Stellantis franchise in the United States. The dealers were sold by owners Bruce Glascock, Alfred Flores, Chris Godwin and Marc Wagoner as Foundation expands its Texas footprint and Stellantis brand presence.

SolutionWorks, a portfolio company jointly owned by Concentric Equity Partners and Alitus Capital Partners, has acquired Streamline Recon, LLC, a Texas-based automotive reconditioning firm focused on the franchise dealership market. Streamline's management team will remain and retain an ownership stake; the deal expands SolutionWorks' reconditioning capabilities and extends its dealership footprint regionally with plans to support national growth.

Super Star Car Wash, a TSG Consumer Partners–backed car wash operator headquartered in Phoenix, has acquired Wave Wash, an eight-location express conveyor car wash operator in the Dallas–Fort Worth Metroplex. The acquisition expands Super Star's presence in the DFW market to 17 locations and adds Wave Wash's team, facilities and development pipeline; financial terms were not disclosed.

Accelerated Brands, backed by Princeton Equity Group, has completed its acquisition of Trademark Car Wash and named industry veteran Miguel Prendes President of Car Wash Operations. The deal brings a developing pipeline of roughly 22 locations across New York, Tennessee, Texas, New Mexico and Arizona into the Accelerated Brands platform as the company pursues national expansion.

Foundation Automotive Corp. has acquired Mercedes‑Benz of Wichita Falls, adding the Mercedes franchise as the ninth store in its Wichita Falls platform and the 36th dealership overall for Foundation Automotive. The deal expands Foundation's local footprint and brand offering in Wichita Falls, with plans to build a new Mercedes‑Benz facility in the future.

Maupin Metal, a Dallas-based custom car restoration shop founded by Brian Maupin, has acquired Brunner's Trim and Glass, a nearly 50-year-old Dallas automotive trim and glass business. The purchase expands Maupin Metal's in-house capabilities (glass, upholstery and convertible-top work), increases shop capacity with a new 15-bay garage on Garland Road, and retains Brunner's staff as the founders retire.

GO Car Wash, a Denver-based express car wash operator, has acquired Genie Express Car Wash in Austin, Texas. The acquisition expands GO Car Wash's Texas footprint—bringing its total Austin-area locations to nine—and is an add-on to GO's rapidly growing express wash platform backed by private equity.

FullSpeed Automotive acquired the intellectual property of Kwik Industries, Inc. (owner of the Kwik Kar brand) and purchased 25 Kwik Kar-related centers from local independent operators, expanding its company-operated Kwik Kar footprint in the Dallas area and elsewhere. The deal is an add-on to FullSpeed's platform as it pursues aggressive unit growth backed by MidOcean Partners.

Caliber Car Wash, a PE-backed express car wash platform, acquired Q Car Wash, one of the largest express car wash operators in the Dallas–Fort Worth metroplex. The deal expands Caliber's footprint into Texas and brings Q Wash onto Caliber's membership-driven, environmentally conscious platform; financial terms were not disclosed.