Asbury Automotive Group Acquires The Herb Chambers Companies
July 23, 2025
Asbury Automotive Group completed the $1.45 billion acquisition of The Herb Chambers Companies, adding 33 dealerships, 52 franchises and three collision centers in the Northeastern U.S. The deal expands Asbury's presence in New England, brings approximately 2,200+ employees and is expected to contribute to roughly $3.2 billion in revenue for 2024; the purchase was funded with credit facilities, mortgage proceeds and cash.
- Buyers
- Asbury Automotive Group, Inc.
- Targets
- The Herb Chambers Companies
- Sellers
- The Herb Chambers Companies, Herb Chambers
- Industry
- Automotive
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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