AutoCanada Completes Sale of Toyota of Lincoln Park
January 27, 2026
AutoCanada Inc. has completed the sale of its Toyota of Lincoln Park dealership in Chicago, Illinois as part of its previously announced plan to exit its U.S. operations and strengthen its balance sheet. AutoCanada received approximately CAD $11.2 million in cash for goodwill and fixed assets (excluding inventory and net working capital), with proceeds used to reduce its revolving credit facility.
- Targets
- Toyota of Lincoln Park
- Sellers
- AutoCanada Inc.
- Industry
- Transportation
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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