RFJ Auto Partners Acquires Northwest Motorsport

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.

GMF Capital Acquires Motorsport Network Media LLC

June 28, 2023

Media & Entertainment

GMF Capital, the single-family office of Gary Fegel, has acquired a controlling majority stake in Motorsport Network Media LLC, a global digital motorsport and automotive media platform, for an undisclosed amount with an option to buy remaining minority interests later. The deal transfers nearly 50 flagship motorsport and automotive digital properties (including Motorsport.com, Autosport, Motor1.com, InsideEVs.com and Motorsport.tv) to GMF as it expands into the sports, automotive and media sector.

Carousel Motor Group Acquires Hudson Ford

January 6, 2023

Automotive

Carousel Motor Group has acquired Hudson Ford, the number-one selling Ford dealership in Wisconsin, marking Carousel's first Ford franchise and entry into the Wisconsin market. The Hudson Ford location in Hudson, WI (2020 Crest View Drive) includes new and pre-owned vehicle sales, an Abra full-service collision center and on-site detail center; principals mentioned in the transaction include Mark Swelland, Gary Embretson and Jonathan Nissly.

AFV Partners Acquires Seattle Avionics

September 3, 2020

Aerospace & Defense

AFV Partners LLC has acquired Seattle Avionics, a provider of general aviation flight applications, FAA-certified charts and flight data, and augmented reality technology, from founders John Rutter and Steve Podradchik. The transaction closed on September 3, 2020; Rutter and Podradchik will join AFV Partners' aviation vertical to help expand chart/data capabilities and accelerate product innovation.

Holand Automotive Group Acquires Ferrari of Rancho Mirage

September 12, 2024

Automotive

Montreal-based Holand Automotive Group has acquired Ferrari of Rancho Mirage, adding a third Ferrari dealership to its North American portfolio. The acquisition strengthens Holand's presence on the U.S. West Coast and expands its access to high-net-worth customers in the Palm Springs and Coachella Valley markets.

National Auto Care Acquires Five F&I Agencies

August 24, 2021

Financial Services

National Auto Care (NAC) acquired five independent finance & insurance (F&I) agencies — Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies, and Ace Financial Development Group — to accelerate its West Coast and Midwest expansion. The agencies’ principals will remain involved in day-to-day operations while leveraging NAC’s products, claims management and technology to grow dealer relationships and geographic footprint.