ZT Automotive Acquires Greenway of the Shoals Dealerships (Alabama)

May 17, 2024

ZT Automotive, a division of ZT Corporate, acquired four Greenway Automotive stores in the Shoals area of Alabama (Florence and Tuscumbia) — part of a broader expansion that increases ZT Automotive's dealership footprint. The acquired locations (Toyota, Honda, Nissan and Chrysler Dodge Jeep Ram FIAT franchises) will be rebranded as Singing River dealerships; Greenway Automotive engaged Haig Partners as sell‑side advisor and BMO provided financing.

Buyers
ZT Automotive (division of ZT Corporate)
Targets
Greenway of the Shoals (4 dealerships: Toyota, Honda, Nissan, Chrysler Dodge Jeep Ram FIAT)
Sellers
Greenway Automotive Group, Greenway of the Shoals
Industry
Automotive
Location
Alabama, United States
Transaction Type
Buyout

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