Krause Auto Group Acquires Three Florida Dealerships from Sutherlin Automotive
August 5, 2024
Krause Auto Group of Alpharetta, Georgia purchased three Southwest Florida dealerships from Sutherlin Automotive Group for more than $110 million in an acquisition that includes Sutherlin Nissan of Fort Myers, Sutherlin Nissan of Cape Coral and Sutherlin Genesis in Fort Myers. The stores will be rebranded as Nissan of Cape Coral, Nissan of Fort Myers and Fort Myers Genesis; Krause plans renovations and service expansion at the Fort Myers Nissan location. Pinnacle Mergers & Acquisitions represented the seller in the transaction.
- Buyers
- Krause Auto Group
- Targets
- Sutherlin Nissan of Fort Myers, Sutherlin Nissan of Cape Coral, Sutherlin Genesis (Fort Myers)
- Sellers
- Sutherlin Automotive Group
- Industry
- Automotive
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Kunes Auto & RV Group Acquires Valley Automotive Dealerships and Exchange’s Kunes Lakes Chevrolet to Expand in Minnesota and Chicago North Shore
February 3, 2026
Retail
Kunes Auto & RV Group completed three dealership acquisitions to expand into the Twin Cities metro area and Chicago’s North Shore. In Minnesota, it acquired Valley Buick GMC of Apple Valley and Valley GMC of Hastings from Valley Automotive Group, and in Illinois it acquired Kunes Lakes Chevrolet in Lake Bluff from The Exchange.
-
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.
-
Krause Auto Group Acquires McGrath Volvo Cars of Fort Myers
April 29, 2025
Automotive
Krause Auto Group, led by Vernon Krause, has acquired McGrath Volvo Cars of Fort Myers (now operating as Volvo Cars Fort Myers) from McGrath Automotive Group. The acquisition expands Krause Auto Group’s Southeast footprint and adds a premium Volvo dealership in Fort Myers, Florida.
-
Andy Unanue Acquires Sutherlin Nissan of Vero Beach
November 13, 2024
Automotive
Investor Andy Unanue purchased Sutherlin Nissan of Vero Beach from Sutherlin Automotive Group; the dealership will operate as Nissan of Vero Beach. Pinnacle Mergers & Acquisitions represented seller Sutherlin Automotive Group in the transaction, which the seller said supports portfolio/brand-mix optimization.
-
Krause Auto Group / Vernon Krause Acquires Sutherlin Hyundai of Athens
August 29, 2023
Automotive
Vernon Krause, through Krause Auto Group, purchased Sutherlin Hyundai of Athens in Athens, Georgia from Sutherlin Automotive. Pinnacle Mergers & Acquisitions represented the seller; the dealership will operate as Hyundai of Athens as part of Krause's expansion in the Georgia market.
-
Perrin Automotive Group Acquires Sutherlin Cherokee County Nissan
August 22, 2023
Automotive
Perrin Automotive Group (the Perrin family) has acquired Sutherlin Cherokee County Nissan in Holly Springs, Georgia from Sutherlin Automotive. The deal expands Perrin's presence in the Atlanta metro area as part of its regional growth strategy.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.