Sonic Automotive Acquires Motorcycles of Charlotte and Motorcycles of Greensboro
December 6, 2024
Sonic Automotive acquired Motorcycles of Charlotte and Motorcycles of Greensboro from Mark and Gail Engel, expanding its Sonic Powersports footprint in the Southeast. Performance Brokerage Services served as sell-side advisor and both dealerships will continue operating at their current locations in North Carolina.
- Buyers
- Sonic Automotive
- Targets
- Motorcycles of Charlotte, Motorcycles of Greensboro
- Sellers
- Mark Engel, Gail Engel
- Industry
- Automotive
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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