Group 1 Automotive Acquires Estero Bay Chevrolet

Fletcher Jones Automotive Group Acquires Mercedes-Benz of Beverly Hills from Group 1 Automotive

May 1, 2026

Retail

Fletcher Jones Automotive Group acquired Mercedes-Benz of Beverly Hills from Group 1 Automotive, in a transaction advised exclusively by The Presidio Group. The deal closed on March 30.

Golling Automotive Group Acquires Mark Chevrolet (Wayne, MI)

October 30, 2025

Automotive

Golling Automotive Group, led by Bill Golling, has acquired Mark Chevrolet in Wayne, Michigan from owner Charles Cabana. Performance Brokerage Services advised on the transaction; the store will be renamed Golling Chevrolet as Golling expands its footprint in the Detroit market.

Group 1 Automotive Acquires Three Luxury Brand Dealerships in Florida and Texas

May 19, 2025

Automotive

Group 1 Automotive, Inc. acquired three luxury-brand dealerships — a Lexus and an Acura dealership in Fort Myers, Florida, and Mercedes‑Benz of South Austin in Texas — expanding its footprint in key cluster markets. The three dealerships are expected to generate approximately $330 million in combined annual revenues and will complement Group 1's existing luxury portfolio.

Key Auto Group Acquires Thomas Chevrolet Buick (Perry, FL)

December 27, 2021

Automotive

Portsmouth, New Hampshire-based Key Auto Group has acquired Thomas Chevrolet Buick in Perry, Florida from owner Cal Thomas. The single-location dealership will continue operating at its existing address under the Key Auto Group banner (renamed Key Chevrolet Buick of Perry) as Key Auto Group expands into the Southeast market.

Asbury Automotive Group Acquires Stevinson Automotive

December 7, 2021

Automotive

Asbury Automotive Group acquired Stevinson Automotive, adding eight dealerships in the Denver, Colorado market and approximately $715 million in annualized revenue. The transaction brings Stevinson’s more than 600 team members into Asbury’s dealer portfolio as part of Asbury’s continued geographic expansion and scale-building in high-growth markets.

Group 1 Automotive Acquires Two Denton, Texas Dealerships

October 4, 2021

Automotive

Group 1 Automotive, Inc. announced the acquisition of Classic Chrysler Dodge Jeep Ram of Denton and Classic Mazda of Denton, expanding its presence in the Dallas–Fort Worth market. The two stores are expected to generate approximately $150 million in annualized revenues and increase Group 1's footprint in the region.