Spitzer Auto World Acquires Axelrod Buick GMC

August 17, 2023

Spitzer Auto World has acquired Axelrod Buick GMC in Parma, Ohio; the dealership will be renamed Spitzer Buick GMC. The Dave Cantin Group advised both parties on the transaction, which expands Spitzer's Buick and GMC brand platforms and transfers the family-owned dealership (owned by Barry Axelrod) into Spitzer's portfolio.

Buyers
Spitzer Auto World
Targets
Axelrod Buick GMC
Sellers
Barry Axelrod, Axelrod Automotive, Inc. (Axelrod Buick GMC)
Industry
Automotive
Location
Ohio, United States
Transaction Type
Buyout

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