Krause Auto Group Acquires Three Florida Dealerships from Sutherlin Automotive

August 5, 2024

Krause Auto Group of Alpharetta, Georgia purchased three Southwest Florida dealerships from Sutherlin Automotive Group for more than $110 million in an acquisition that includes Sutherlin Nissan of Fort Myers, Sutherlin Nissan of Cape Coral and Sutherlin Genesis in Fort Myers. The stores will be rebranded as Nissan of Cape Coral, Nissan of Fort Myers and Fort Myers Genesis; Krause plans renovations and service expansion at the Fort Myers Nissan location. Pinnacle Mergers & Acquisitions represented the seller in the transaction.

Buyers
Krause Auto Group
Targets
Sutherlin Nissan of Fort Myers, Sutherlin Nissan of Cape Coral, Sutherlin Genesis (Fort Myers)
Sellers
Sutherlin Automotive Group
Industry
Automotive
Location
Florida, United States
Transaction Type
Buyout

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