Foundation Automotive Acquires Crossroads Dodge Chrysler Jeep Ram (Liberty, TX)

Foundation Automotive Acquires Southfork Chrysler Dodge Jeep Ram (SOUTHFORK CDJR)

March 31, 2022

Automotive

Foundation Automotive Corp. has acquired SOUTHFORK Chrysler Dodge Jeep Ram, a single-store Chrysler Dodge Jeep Ram dealership in the Manvel/Pearland, Texas area, marking the dealer group's 30th location. The acquisition expands Foundation's Texas footprint and adds a high-volume single-store operation led by the dealership's existing leadership team.

Foundation Automotive Acquires Freestone Auto Group

May 22, 2020

Automotive

Foundation Automotive (Foundation Auto Corp.) has acquired Freestone Auto Group, a collection of franchised dealerships and a custom commercial truck business in Fairfield, Texas. The deal expands Foundation's Central Texas footprint along the I-45 corridor and retains Stacy Dodd in a leadership role; Freestone's operations include franchised Ford, Chevrolet and Chrysler/Dodge/Jeep/RAM dealerships and The Service Truck Depot.

Foundation Automotive Corp Acquires Mercedes‑Benz of Wichita Falls

August 30, 2022

Automotive

Foundation Automotive Corp. has acquired Mercedes‑Benz of Wichita Falls, adding the Mercedes franchise as the ninth store in its Wichita Falls platform and the 36th dealership overall for Foundation Automotive. The deal expands Foundation's local footprint and brand offering in Wichita Falls, with plans to build a new Mercedes‑Benz facility in the future.

Foundation Automotive Acquires Patterson Auto Group's Eight Rooftops in Wichita Falls, TX

February 23, 2022

Automotive

Foundation Automotive Corp. acquired eight dealership rooftops from the Patterson Family of Dealerships in Wichita Falls, Texas, adding the stores (including the group’s first BMW and RV franchises) to its network and bringing Foundation to 29 rooftops in North America. The transaction transfers ownership from the Patterson family (including prior owner Paul Tigrett) to Foundation, which named Jon Oeltjen and Brad Rodgers as managing partners of the new Foundation of Wichita Falls operation.

Clay Cooley Auto Group Acquires Don Davis Chrysler Jeep Dodge Ram (Arlington)

November 9, 2024

Automotive

Clay Cooley Auto Group has acquired Don Davis Chrysler Jeep Dodge Ram in Arlington, Texas and rebranded it as Clay Cooley Chrysler Jeep Dodge Ram. The acquisition expands Clay Cooley's dealership footprint in the Dallas–Fort Worth market and is intended to enhance service offerings and customer experience in Arlington. Financial terms were not disclosed.

Sonic Automotive Acquires Bobby Ford Chrysler Dodge Jeep RAM (Sealy, TX)

October 19, 2021

Automotive

Sonic Automotive (NYSE:SAH) acquired Bobby Ford Chrysler Dodge Jeep RAM in Sealy, Texas and will operate the location as Momentum Chrysler Dodge Jeep RAM of Sealy. The deal is Sonic’s 88th franchised dealership and marks the company’s first Chrysler Dodge Jeep RAM (CDJR) franchise, expanding its presence in Texas and broadening its brand mix.