LMP Automotive Holdings Acquires Bachman-Bernard Chevrolet-Buick-GMC-Cadillac (with Real Estate)

March 24, 2021

LMP Automotive Holdings, Inc. (NASDAQ: LMPX) has closed the acquisition of Bachman-Bernard Chevrolet-Buick-GMC-Cadillac and the associated real estate located at 3365 E Andrew Johnson Hwy in Greeneville, Tennessee. The deal, which includes Chevrolet, Buick, GMC and Cadillac franchises, is part of LMP's Stage One consolidation plan to expand its dealership network and expected EBITDA contribution.

Buyers
LMP Automotive Holdings, Inc.
Targets
Bachman-Bernard Chevrolet-Buick-GMC-Cadillac
Industry
Automotive
Location
Tennessee, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.