Multiple Texas Dealerships Sold to IDEA Auto Group, Bravo Auto Group and E1T1 Auto Group
August 6, 2024
Three Texas dealerships — South Austin Nissan, Baytown Nissan and Hyundai of Silsbee — were sold in transactions facilitated by Pinnacle Mergers & Acquisitions. South Austin Nissan was acquired by Julie Herrera (IDEA Auto Group) and will operate as City Limits Nissan; Baytown Nissan was acquired by Raymond Palacios' Bravo Auto Group; and Hyundai of Silsbee was acquired by Mike Terry and Jarryd Carver through their new E1T1 Auto Group partnership.
- Buyers
- Julie Herrera, IDEA Auto Group, Bravo Auto Group, Raymond Palacios, E1T1 Auto Group, Mike Terry, Jarryd Carver
- Targets
- South Austin Nissan, Baytown Nissan, Hyundai of Silsbee
- Sellers
- Central Automotive Group, Dale Early
- Industry
- Automotive
- Location
- Texas, United States
- Transaction Type
- Buyout
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