MileOne Autogroup Acquires Plaza Motors' Six Dealerships and Collision Center from Asbury Automotive Group

Asbury Automotive Group Acquires Jim Koons Automotive Companies

September 8, 2023

Automotive

Asbury Automotive Group agreed to acquire Jim Koons Automotive Companies, a Mid-Atlantic dealer group with 20 dealerships, 29 franchises and six collision centers that generated over $3 billion in revenue in 2022. The transaction, advised on the sell-side by Kerrigan Advisors, expands Asbury's presence in the Washington–Baltimore market and is expected to close in late 2023 or early 2024.

Asbury Automotive Group Acquires Stevinson Automotive

December 7, 2021

Automotive

Asbury Automotive Group acquired Stevinson Automotive, adding eight dealerships in the Denver, Colorado market and approximately $715 million in annualized revenue. The transaction brings Stevinson’s more than 600 team members into Asbury’s dealer portfolio as part of Asbury’s continued geographic expansion and scale-building in high-growth markets.

RBM of Atlanta Acquires Three Greenville Dealerships from Asbury Automotive Group

February 23, 2026

Automotive

RBM of Atlanta acquired three Greenville, South Carolina dealerships — Porsche of Greenville, Land Rover Greenville and Crown Nissan of Greenville — from Asbury Automotive Group in a transaction that included related real estate and closed Feb. 23. The Presidio Group advised Asbury on the divestiture; the deal marks RBM's first expansion beyond the metro-Atlanta area as it grows its multi-brand dealership footprint.

Asbury Automotive Group Acquires The Herb Chambers Companies

July 23, 2025

Automotive

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.

Mike Hong & Jerry Heuer Acquire Larry H. Miller Toyota Corona from Asbury Automotive Group

June 11, 2025

Automotive

Asbury Automotive Group sold the Larry H. Miller Toyota Corona dealership (including related real estate and business operations) to dealer-operators Mike Hong and Jerry Heuer; the transaction closed on June 9. The Presidio Group advised Asbury on the divestiture, and the new owners will rename the location Toyota of Corona.

Joe Hudson's Collision Center Acquires Four Auto Body Shops

August 26, 2024

Automotive

Joe Hudson's Collision Center acquired four independent auto body shops — Millennium Paint & Body (Horn Lake, Mississippi), Lindley's Auto Body (McAlester, Oklahoma), Golden Collision (Little Rock, Arkansas) and Hourglass Collision (Tulsa, Oklahoma) — as part of its ongoing expansion across the Southeast. The deals are add-on acquisitions intended to grow Joe Hudson's footprint in Mississippi, Oklahoma and Arkansas and retain the acquired shops' technicians and staff during integration.