Sewell Automotive Companies Acquires Classic BMW (Plano, TX)

October 5, 2021

Sewell Automotive Companies, led by Carl Sewell and his family, acquired Classic BMW (including its MINI franchise) in Plano, Texas from the Maas family. The Presidio Group served as exclusive M&A advisor to Sewell; the acquisition expands Sewell's luxury dealership footprint in the Dallas–Fort Worth market and preserves Classic BMW's 50-year legacy and large Plano campus.

Buyers
Sewell Automotive Companies, Carl Sewell and family
Targets
Classic BMW
Sellers
Maas family, Eric Maas
Industry
Automotive
Location
Texas, United States
Transaction Type
Buyout

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