Group 1 Automotive Agrees to Acquire Hennessy Automobile Dealerships in Atlanta
July 30, 2026
Group 1 Automotive has signed a definitive agreement to acquire the dealership assets and real estate of Hennessy Automobile Companies, adding 10 dealerships to expand its Atlanta presence. The transaction is valued at approximately $1.3 billion and is expected to close by year-end 2026, subject to regulatory and other customary approvals.
- Buyers
- Group 1 Automotive, Inc.
- Targets
- Hennessy Automobile Companies
- Sellers
- Hennessy family
- Industry
- Retail
- Location
- Georgia, United States
- Transaction Type
- Buyout
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