Shottenkirk Automotive Group Acquires Subaru of Jacksonville

Gengras Motors (GMST, LLC) Acquires Center Subaru

April 28, 2021

Automotive

Center Subaru, a full-service Subaru dealership in Torrington, Connecticut, was acquired by GMST, LLC (doing business as Gengras Motors). Heritage Capital Group acted as exclusive financial advisor to the seller; the transaction represents an owner exit by long-time owner Phil Porter and expands Gengras Motors' footprint in Connecticut.

Corwin Automotive Group Acquires Muscatell Subaru in Moorhead, Minnesota

April 2, 2025

Automotive

Corwin Automotive Group (ranked #47 on the 2025 Automotive News Top 150) has acquired Muscatell Subaru from owner Ward Muscatell. The dealership will be renamed Corwin Subaru, remain at its Moorhead location, and the transaction was advised by Performance Brokerage Services on the sell-side.

Georgica Auto Holdings Acquires Kolb Subaru from Group 1 Automotive

February 13, 2025

Automotive

Georgica Auto Holdings, backed by Franchise Equity Partners, has acquired Kolb Subaru, a dealership in Orangeburg, New York, from Group 1 Automotive. The acquisition expands Georgica's Northeast footprint and adds its third Subaru store as part of a targeted dealer roll-up strategy supported by FEP.

Morgan Automotive Group Acquires Hodges Mazda (Jacksonville & St. Augustine)

June 25, 2025

Automotive

Morgan Automotive Group has acquired Hodges Mazda of the Avenues in Jacksonville and Hodges Mazda of St. Augustine from David and Dan Hodges, with Haig Partners advising the sellers. The sale of the Jacksonville store set a record for the highest "blue sky" value paid for a Mazda dealership and further expands Morgan's footprint across Florida. The Hodges brothers are exiting automotive retail to focus on other business interests.

Hoffman Auto Group Acquires Burlington Subaru and Burlington Hyundai from 802 Cars

May 6, 2025

Automotive

Hoffman Auto Group has acquired the Burlington Subaru and Burlington Hyundai dealerships in Burlington, Vermont from seller 802 Cars. Kerrigan Advisors represented 802 Cars in the sale; the transaction expands Hoffman Auto Group's geographic footprint into Vermont.

Sewell Automotive Companies Acquires Land Rover Boerne from Shottenkirk Automotive Group

November 17, 2025

Retail

Sewell Automotive Companies acquired Land Rover Boerne in Boerne, Texas from Shottenkirk Automotive Group; the transaction closed on November 17 and included the dealership real estate. The Presidio Group served as exclusive advisor to Sewell, and the acquisition expands Sewell's presence in the Texas luxury-brand dealership market.