Group 1 Automotive Acquires Soper of Lincoln BMW/MINI (U.K.)

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.

Group 1 Automotive Acquires Inchcape Retail U.K. Dealerships

August 1, 2024

Automotive

Group 1 Automotive completed the acquisition of Inchcape Retail's automotive operations in the United Kingdom, adding 54 dealership locations expected to generate approximately $2.7 billion in annual revenues. The deal doubles Group 1's U.K. footprint and expands its brand offering across key English regions including the Midlands, North West and Wales.

Group 1 Automotive Acquires Modern Classic Motors

March 11, 2024

Automotive

Group 1 Automotive, a Houston-based public automotive retailer, acquired Modern Classic Motors in Hilton Head, South Carolina, adding three franchises (Mercedes‑Benz, Sprinter and Honda) expected to generate $140 million in annual revenues. The deal expands Group 1's Mercedes‑Benz and Honda footprint and adds scale to its Hilton Head operations.

King Insurance Partners Acquires Lincoln Insurance Group

August 6, 2024

Insurance

King Insurance Partners, a Gainesville, Florida-based insurance agency, has acquired Lincoln Insurance Group, an independent insurance agency in McDonough, Georgia. The deal expands King's presence in Georgia and adds Lincoln’s team and product expertise in personal and commercial insurance to King's service offerings.

Murgado Automotive Group Acquires Toyota of Lincoln Park from AutoCanada/Leader Automotive Group

January 28, 2026

Automotive

Murgado Automotive Group has acquired Toyota of Lincoln Park, a Chicago-area Toyota dealership formerly owned by AutoCanada’s U.S. subsidiary Leader Automotive Group. Haig Partners served as exclusive sell-side advisor on the transaction, which represents a local-market expansion for Murgado and a divestiture by AutoCanada/Leader Automotive Group.

Open Road Capital and Dealer Investors Acquire Beyer Automotive Group Dealerships

October 17, 2024

Automotive

Beyer Automotive Group, a Virginia-based dealer group that retails over 7,000 vehicles and generates ~ $400 million in annual revenue, was sold in two transactions advised by Haig Partners. Open Road Capital (backed by Bain Capital) acquired the Northern Virginia dealerships on October 10, 2024, while dealer investors Jim Keffer and Jon Alcorn purchased the Winchester dealerships (now operating as Dogwood Automotive Group) in a separate closing on August 30, 2024.