Lithia Motors Acquires Wade Ford from Steve Ewing
July 18, 2023
Lithia Motors has purchased Wade Ford, a franchised Ford dealership in the Atlanta metro, from owner Steve Ewing. The acquisition — brokered by Pinnacle Mergers & Acquisitions — is expected to contribute to Lithia's revenue growth and expand its government fleet presence, with Lithia projecting an incremental $285 million in annual revenue.
- Buyers
- Lithia Motors
- Targets
- Wade Ford
- Sellers
- Steve Ewing
- Industry
- Automotive
- Location
- Georgia, United States
- Transaction Type
- Buyout
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