Sonic Automotive Completes Acquisition of RFJ Auto Partners

December 7, 2021

Sonic Automotive, a Fortune 500 automotive retailer, has completed the acquisition of RFJ Auto Partners, adding 33 dealership locations across seven states and a portfolio that includes Dave Smith Motors. The deal is expected to add approximately $3.2 billion in annualized revenues and expand Sonic's geographic footprint and brand portfolio, moving the company into the top-five U.S. dealer groups by revenue.

Buyers
Sonic Automotive, Inc.
Targets
RFJ Auto Partners, Inc.
Industry
Automotive
Location
Texas, United States
Transaction Type
Buyout

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