Open Road Capital and Jesse Hord Acquire Keeler Motor Company

Keeler Motor Car Company and Open Road Capital Acquire Lexus of Westport, Toyota of Westport and Audi Hawthorne

February 11, 2026

Automotive

Keeler Motor Car Company, in partnership with Open Road Capital, acquired three dealerships — Lexus of Westport, Toyota of Westport and Audi Hawthorne — from New Country Motor Car Group. Haig Partners served as exclusive advisor to New Country on the sale as New Country repositions capital into other markets.

Open Road Capital and Dealer Investors Acquire Beyer Automotive Group Dealerships

October 17, 2024

Automotive

Beyer Automotive Group, a Virginia-based dealer group that retails over 7,000 vehicles and generates ~ $400 million in annual revenue, was sold in two transactions advised by Haig Partners. Open Road Capital (backed by Bain Capital) acquired the Northern Virginia dealerships on October 10, 2024, while dealer investors Jim Keffer and Jon Alcorn purchased the Winchester dealerships (now operating as Dogwood Automotive Group) in a separate closing on August 30, 2024.

Trivest Partners & LP First Capital Form OpenRoad and Acquire Four Collision Repair Shops

September 6, 2022

Automotive

Trivest Partners and LP First Capital announced the formation of OpenRoad, a family of collision repair center brands, alongside the acquisitions of four collision repair shops: Car Crafters (Albuquerque, NM), Drury and Moss Body Shop (Amarillo, TX), 1st Choice Collision (Houston, TX), and Helotes Collision (Helotes, TX). The platform (OpenRoad) now operates multiple locations across the Southwest and will be led by CEO Tom Csekme; founders/managers of acquired shops (including Jim and Sean Guthrie of Car Crafters) are expected to remain in leadership roles.

Clarion Capital Partners Makes Strategic Investment in OpenRoad Lending

September 14, 2021

Financial Services

Clarion Capital Partners completed a strategic growth investment in OpenRoad Lending, a Fort Worth-based direct-to-consumer auto refinance lender, with OpenRoad’s founders remaining in leadership and retaining meaningful ownership. The capital will be used to expand OpenRoad’s product offerings (including potential auto purchase lending and insurance), broaden marketing channels, and support organic and acquisitive growth; financing for the deal was provided by funds managed by Madison Capital Funding and PennantPark Investment Advisers.

Lithia Motors Acquires Nine Dealerships from Keyes Automotive Group

November 10, 2020

Automotive

Lithia Motors has purchased nine high-volume dealerships from Los Angeles-based Keyes Automotive Group in a multi-location transaction that expands Lithia's footprint in the Los Angeles and Phoenix markets. Kerrigan Advisors represented Keyes, which sold the nine dealerships while retaining several others; Lithia will operate the acquired franchises as part of its national dealership network.

Oakley Capital Invests in Steer Automotive Group

January 16, 2024

Automotive

Oakley Capital has reached a conditional agreement to invest in Steer Automotive Group, acquiring the shares held by Keyhaven Capital Partners and Chiltern Capital while founder Richard Steer and the management team reinvest. Steer is the UK's largest independent collision repair group with over 100 repair centres, ~2,300 employees and strong relationships with insurers and OEMs; Oakley said the investment will support further growth, facility and capability investment (including EV repair) and training.