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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