Sonic Automotive Acquires Bobby Ford Chrysler Dodge Jeep RAM (Sealy, TX)

Foundation Automotive Acquires Southfork Chrysler Dodge Jeep Ram (SOUTHFORK CDJR)

March 31, 2022

Automotive

Foundation Automotive Corp. has acquired SOUTHFORK Chrysler Dodge Jeep Ram, a single-store Chrysler Dodge Jeep Ram dealership in the Manvel/Pearland, Texas area, marking the dealer group's 30th location. The acquisition expands Foundation's Texas footprint and adds a high-volume single-store operation led by the dealership's existing leadership team.

Clay Cooley Auto Group Acquires Don Davis Chrysler Jeep Dodge Ram (Arlington)

November 9, 2024

Automotive

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.

Sonic Automotive Acquires Audi New Orleans

December 12, 2024

Automotive

Sonic Automotive, Inc. has acquired Audi New Orleans, a franchised Audi dealership located in Metairie, Louisiana, from the Bohn Brothers Automotive Group. The deal marks Sonic's first franchise automotive location in Louisiana, expands its Audi footprint to 10 dealerships and brings its total franchise portfolio to 108 locations nationwide.

Sonic Automotive Completes Acquisition of RFJ Auto Partners

December 7, 2021

Automotive

Sonic Automotive, a Fortune 500 automotive retailer, has completed the acquisition of RFJ Auto Partners, adding 33 dealership locations across seven states and a portfolio that includes Dave Smith Motors. The deal is expected to add approximately $3.2 billion in annualized revenues and expand Sonic's geographic footprint and brand portfolio, moving the company into the top-five U.S. dealer groups by revenue.

Brady Bishop and Chip Johnson Acquire Momentum Maserati Alfa Romeo from Sonic Automotive

May 17, 2023

Automotive

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.

Foundation Automotive Acquires Crossroads Dodge Chrysler Jeep Ram (Liberty, TX)

February 9, 2023

Automotive

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.