Rob McGee (McGee Automotive Family) Acquires Lexus of Warwick from Penske Automotive Group

Dream Motor Group Acquires Toyota of Montgomery and Lexus of Montgomery for $151M

November 24, 2025

Automotive

Dream Motor Group, led by Nick Saban and Joe Agresti, purchased Toyota of Montgomery and Lexus of Montgomery in Montgomery, Alabama from Sutherlin Automotive Group in a deal valued at $151 million. Pinnacle Mergers & Acquisitions served as the broker; the acquisition expands Dream Motor Group’s luxury and performance dealership footprint across the Southeast.

Penske Automotive Group Acquires Four Toyota and Lexus Dealerships from Longo Entities

November 19, 2025

Automotive

Penske Automotive Group acquired four high-volume Toyota and Lexus dealerships — Longo Toyota, Longo Lexus (El Monte), Lexus of Stevens Creek (San Jose), and Longo Toyota of Prosper (Texas) — expanding its presence in Southern and Northern California and the Dallas market. The stores retailed more than 28,000 new and used vehicles in 2024, are expected to add roughly $1.5 billion in annualized revenue, and the transaction closed on November 19, 2025 (financed via the company’s U.S. credit agreement and a note payable to the seller).

Penske Automotive Group Acquires Rybrook Group Limited (15 UK Dealerships)

January 8, 2024

Automotive

Penske Automotive Group has completed the acquisition of Rybrook Group Limited, adding 15 premium dealerships across the United Kingdom (BMW, MINI, Volvo, Land Rover and Porsche) with estimated annualized revenues of $1.0 billion. The deal expands Penske's UK footprint through its Sytner Group subsidiary and brings the Rybrook associates into the Penske/Sytner business.

McGovern Automotive Group Acquires Acton Chrysler Dodge Jeep Ram

May 16, 2023

Automotive

McGovern Automotive Group, a Boston-based dealer group, has acquired Acton Chrysler Dodge Jeep Ram in Acton, Massachusetts, marking the group's 25th dealership acquisition in six years. The deal brings roughly 150 new and 75 pre-owned vehicles into McGovern's network; current dealership employees will remain and regional leadership will oversee operations.

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

November 23, 2022

Automotive

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.

McLarens Acquires Lloyd Warwick International

June 11, 2020

Insurance

McLarens, a global independent insurance services provider based in Atlanta, has acquired Lloyd Warwick International (LWI), a City of London–headquartered specialist loss adjusting and claims management firm. The deal—under which LWI will merge with McLarens' Natural Resources specialty services while retaining its London head office—strengthens McLarens' technical capabilities and market presence in energy, marine, mining and renewables claims; LWI was jointly owned by its employees and Crawford & Company prior to the transaction.