Asbury Automotive Group Completes Acquisition of The Herb Chambers Companies Dealerships
July 23, 2025
Asbury Automotive Group completed its acquisition of The Herb Chambers Companies (HCC), adding 33 dealerships, 52 franchises, and three collision centers in the New England region. The deal, valued at a $1.45 billion aggregate net purchase price, expands Asbury’s geographic footprint in the Northeastern United States and reinforces its guest-centric automotive retail strategy.
- Buyers
- Asbury Automotive Group, Inc.
- Targets
- The Herb Chambers Companies
- Sellers
- Herb Chambers (principal of The Herb Chambers Companies)
- Industry
- Retail
- Location
- United States
- Transaction Type
- Buyout
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