America's Car-Mart Acquires Texas Auto Center
May 2, 2024
America's Car-Mart, Inc. has entered into a definitive agreement to acquire the dealership assets of Texas Auto Center (TAC), the two-location Austin/San Marcos used-car dealership founded by Bob and Erika Blankenship. The transaction (which excludes TAC's legacy finance receivables) is expected to close in the first quarter of Car-Mart's 2025 fiscal year and expands America's Car-Mart's footprint in the Texas market.
- Buyers
- America's Car-Mart, Inc.
- Targets
- Texas Auto Center
- Sellers
- Bob Blankenship, Erika Blankenship, Texas Auto Center
- Industry
- Automotive
- Location
- Texas, United States
- Transaction Type
- Buyout
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