McGovern Automotive Group Acquires Capital Luxury Cars (Capital Volvo and Jaguar Land Rover Albany)

November 23, 2022

McGovern Automotive Group acquired Albany-based Capital Luxury Cars, including Capital Volvo Cars of Albany and Jaguar Land Rover Albany. Haig Partners served as the exclusive sell-side advisor and the seller was dealer principal Eric Kahn, who said he is focusing on his Friendly brand stores.

Targets
Capital Luxury Cars, Capital Volvo Cars of Albany, Jaguar Land Rover Albany
Sellers
Capital Luxury Cars, Eric Kahn
Industry
Automotive
Location
New York, United States
Transaction Type
Buyout

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