Keeler Motor Car Company and Open Road Capital Acquire BMW of Tenafly
September 9, 2026
Keeler Motor Car Company and Open Road Capital acquired BMW of Tenafly from Penske Automotive Group. The dealership will continue operating under the BMW of Tenafly name at its Tenafly, New Jersey location, with the transaction closing in Q2 2026.
- Buyers
- Keeler Motor Car Company, Open Road Capital
- Targets
- BMW of Tenafly
- Sellers
- Penske Automotive Group
- Platforms
- Keeler Motor Car Company
- Industry
- Retail
- Location
- New Jersey, United States
- Transaction Type
- Addon
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