Corwin Automotive Group Acquires Muscatell Subaru in Moorhead, Minnesota

Corwin Automotive Group Acquires Groove Honda in Colorado Springs

November 4, 2024

Automotive

Corwin Automotive Group has purchased Groove Honda in Colorado Springs, Colorado; the transaction was facilitated by Pinnacle Mergers & Acquisitions and the dealership will operate under the Corwin Honda name. The press release did not disclose the selling party or transaction financials.

Two California Dealerships Sold: Audi West Covina and Subaru of Hayward

June 27, 2025

Automotive

Dave Cantin Group announced the closings of two California dealership transactions in June 2025: Audi West Covina was sold by Envision Motors to Victor Oh (Grace Motorcars), and Subaru of Hayward (formerly One Subaru) was sold by Brian and Devin McCafferty to Uwe and Chris Waizenegger of Mercedes‑Benz of Pleasanton. Both deals were strategic divestitures enabling sellers to realign portfolios or exit, while buyers expanded or added prime Bay Area retail points.

Gengras Motors (GMST, LLC) Acquires Center Subaru

April 28, 2021

Automotive

Center Subaru, a full-service Subaru dealership in Torrington, Connecticut, was acquired by GMST, LLC (doing business as Gengras Motors). Heritage Capital Group acted as exclusive financial advisor to the seller; the transaction represents an owner exit by long-time owner Phil Porter and expands Gengras Motors' footprint in Connecticut.

Morrie's Automotive Group Acquires Grand Ledge Ford Lincoln and Merrill Ford Okemos

December 7, 2021

Automotive

Morrie's Automotive Group acquired the Grand Ledge Ford Lincoln and Merrill Ford Okemos dealerships from Barry C. Merrill. The Presidio Group advised the seller on the transaction as Morrie's expands into Michigan, adding the two Ford/Lincoln franchises to its multi-state dealer network.

Georgica Auto Holdings Acquires Kolb Subaru from Group 1 Automotive

February 13, 2025

Automotive

Georgica Auto Holdings, backed by Franchise Equity Partners, has acquired Kolb Subaru, a dealership in Orangeburg, New York, from Group 1 Automotive. The acquisition expands Georgica's Northeast footprint and adds its third Subaru store as part of a targeted dealer roll-up strategy supported by FEP.

Hoffman Auto Group Acquires Burlington Subaru and Burlington Hyundai from 802 Cars

May 6, 2025

Automotive

Hoffman Auto Group has acquired the Burlington Subaru and Burlington Hyundai dealerships in Burlington, Vermont from seller 802 Cars. Kerrigan Advisors represented 802 Cars in the sale; the transaction expands Hoffman Auto Group's geographic footprint into Vermont.