Retail Acquisitions in New Mexico

Casa Auto Group, a family-owned automotive retail group based in El Paso, Texas, has acquired Borman Autoplex in Las Cruces, New Mexico, including Ford, Honda, Hyundai and Mazda dealerships located on Boutz Road. The acquisition expands Casa Auto Group’s Southwest footprint and adds a large multi-brand dealership site with substantial on-site vehicle inventory to its portfolio.

Peakstone served as exclusive M&A advisor to Builders Source Inc. on its sale to an unnamed private acquirer. Founded in 1993 and headquartered in Albuquerque, New Mexico, Builders Source is a regional distributor and showroom operator of home appliances and plumbing products serving contractors, designers and homeowners across the Southwest.

RV Retailer, LLC (RVR) acquired Aloha RV, a two-location recreational vehicle dealer in the greater Albuquerque, New Mexico market. Seller Peter Larson will continue to manage the business as part of RVR's Southwest expansion, bringing RVR's store count to 75 locations across the United States.