McGovern Automotive Group Acquires Mercedes-Benz of Little Silver
September 18, 2024
McGovern Automotive Group has acquired Mercedes-Benz of Little Silver (formerly Contemporary Motor Cars Mercedes-Benz), marking MAG's 31st dealership and its first location in New Jersey. The previous owners, Allan Sockol and Scott Coleman, will retain an ownership stake and remain involved while MAG expands the dealership's staff and operations under its leadership.
- Buyers
- McGovern Automotive Group
- Targets
- Mercedes-Benz of Little Silver
- Sellers
- Allan Sockol, Scott Coleman, Contemporary Motor Cars, Inc.
- Industry
- Automotive
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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