HOF Capital-Led Consortium Acquires Porsche Stakes in Bugatti Rimac and Rimac Group

River Associates Acquires Horsepower Automotive Group

July 8, 2026

Transportation

River Associates Investments acquired Horsepower Automotive Group, a Chandler, Arizona-based portfolio of aftermarket brands serving off-road and overlanding enthusiasts. The transaction closed on June 11, 2026 and was announced July 8, 2026, with River planning to invest further in product development and pursue add-on acquisitions to expand the platform.

Holand Automotive Group Acquires Aston Martin Bucharest

March 26, 2025

Automotive

Holand Automotive Group has acquired Aston Martin Bucharest, expanding its ultra-luxury automotive dealership portfolio in Romania. The deal strengthens Holand's presence in Eastern Europe and positions the group to deliver Aston Martin's 2025 model lineup and after-sales services to clients in Bucharest and the wider region.

Holand Automotive Group Acquires Forza Rossa (Romania's Sole Ferrari Dealer)

January 20, 2025

Automotive

Holand Automotive Group has acquired Forza Rossa, the only Ferrari dealership in Romania, which will be rebranded as Ferrari of Bucharest. The deal marks Holand's first expansion into Europe and expands its global portfolio of luxury and exotic automotive franchises. Holand said it will apply its expertise and best practices to enhance the customer experience at the Bucharest dealership.

Aramco (via Aramco Asia Singapore) Acquires 10% Stake in Horse Powertrain Limited

December 2, 2024

Automotive

Aramco, through its wholly owned subsidiary Aramco Asia Singapore Pte. Ltd., has completed the acquisition of a 10% equity stake in Horse Powertrain Limited based on an enterprise valuation of €7.4 billion. Renault Group and Geely (via Geely Holding and Geely Auto) each retain 45% stakes; the investment formalises a strategic partnership to advance powertrain technologies, synthetic fuels and lubricants and accelerate lower‑carbon mobility solutions.

Holand Automotive Group Acquires Ferrari of Rancho Mirage

September 12, 2024

Automotive

Montreal-based Holand Automotive Group has acquired Ferrari of Rancho Mirage, adding a third Ferrari dealership to its North American portfolio. The acquisition strengthens Holand's presence on the U.S. West Coast and expands its access to high-net-worth customers in the Palm Springs and Coachella Valley markets.

Consortium Led by CDP Equity, Blackstone and Macquarie Agrees to Acquire Autostrade per l'Italia

June 12, 2021

Infrastructure

A consortium comprising CDP Equity (51%), Blackstone Infrastructure Partners (24.5%) and funds managed by Macquarie Asset Management (24.5%) has signed a share purchase agreement with Atlantia to acquire 88.06% of Autostrade per l'Italia through a newly created vehicle, Holding Reti Autostradali (HRA). The investors say the transaction will support an extensive investment plan, network upgrades, digitalisation and improved maintenance of ASPI's c.3,000 km toll-road network; closing remains subject to customary conditions and regulatory approvals.