Xavier Cortes Acquires Dave Smith Nissan from Sonic Automotive

Dave Cantin Group Closes 19 Automotive Dealership Acquisitions Totalling $661M in H1 2022

July 12, 2022

Automotive

Dave Cantin Group (DCG) announced it closed 19 automotive dealership acquisitions in the first half of 2022, with an average transaction value of roughly $35 million and aggregate deal value of $661 million. The transactions occurred across 11 U.S. states — with multiple deals in Nevada, Florida and Texas — as DCG continues to expand its dealership holding and M&A activities.

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.

Sonic Automotive Acquires Four Jaguar Land Rover Dealerships from US Auto Trust

July 1, 2025

Automotive

Sonic Automotive, a Fortune 500 automotive retailer, acquired four Jaguar Land Rover dealerships in California — Jaguar Land Rover Los Angeles, Jaguar Land Rover Newport Beach, Jaguar Land Rover San Jose, and Land Rover Pasadena — from US Auto Trust. The acquisition adds approximately $500 million of annual revenue, expands Sonic's national footprint to 177 franchises, and makes Sonic the largest Jaguar Land Rover retail ownership group in the U.S. by volume.

Leslie Doggett Auto Group Acquires Russell & Smith Ford & Honda Dealerships and Parts Distribution Business

September 18, 2025

Automotive

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.

Sonic Automotive Acquires Jaguar Land Rover Santa Monica

August 19, 2025

Automotive

Sonic Automotive, a Fortune 500 automotive retailer based in Charlotte, has acquired Jaguar Land Rover Santa Monica from Redwood Automotive I, LLC (dealer principal Sudhir Sood), expanding its Southern California footprint. The deal brings Sonic's total Jaguar Land Rover dealerships in the United States to 11 and strengthens its position as the largest Jaguar Land Rover retailer by volume in the U.S.

Sonic Automotive / EchoPark Acquires Carbiz Dealership Group

March 16, 2021

Automotive

Sonic Automotive, through its EchoPark Automotive segment, acquired the family-owned Carbiz dealership group and integrated two Carbiz locations in Baltimore and Laurel, Maryland into the EchoPark network. The deal retained all 65 Carbiz associates and expands EchoPark's nationwide footprint as part of Sonic's broader growth in the pre-owned vehicle retail market.