Tracked deals
6
6 tracked deals across 2020-2023.
Operating Company
Transportation & Logistics
Foundation Automotive
Houston, Texas, United States
Multi-market automotive dealer group missioned to build enduring customer relationships by supporting its dealerships and communities; operates a network of franchised dealerships across the U.S. and Canada.
- Focus Areas
- New and used vehicle retail, Franchised auto dealerships, Automotive service, parts, and repair
- Website
- foundationauto.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
3 addon · 3 buyout
Foundation Automotive Acquisition Volume by Year
Last 4 years
Supporting Data
Recent Transactions
-
- Buyer
- Foundation Automotive Corp.
- Target
- Crossroads Dodge Chrysler Jeep Ram
- Seller
- Bruce Glascock, Alfred Flores, Chris Godwin, Marc Wagoner
- Industry
- Automotive
- Location
- Texas, United States
- Type
- Addon
Foundation Automotive Corp. has purchased Crossroads Dodge Chrysler Jeep Ram in Liberty, Texas, adding the store as the group's 17th dealership in Texas and its 8th Stellantis franchise in the United States. The dealers were sold by owners Bruce Glascock, Alfred Flores, Chris Godwin and Marc Wagoner as Foundation expands its Texas footprint and Stellantis brand presence.
-
- Buyer
- Foundation Automotive Corp.
- Target
- Mercedes‑Benz of Wichita Falls
- Industry
- Automotive
- Location
- Texas, United States
- Type
- Addon
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.
-
- Buyer
- Foundation Automotive Corp.
- Target
- Southfork Chrysler Dodge Jeep Ram (SOUTHFORK CDJR)
- Seller
- Chris Godwin, Bruce Glascock, Alfred Flores
- Industry
- Automotive
- Location
- Texas, United States
- Type
- Addon
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.
-
February 23, 2022
- Buyer
- Foundation Automotive Corp.
- Target
- Patterson Family of Dealerships
- Seller
- Patterson Family of Dealerships, Paul Tigrett
- Industry
- Automotive
- Location
- Texas, United States
- Type
- Buyout
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.
-
- Buyer
- Foundation Automotive Corp.
- Target
- AutoNation Hyundai 104 (renamed Foundation Hyundai)
- Seller
- AutoNation
- Industry
- Automotive
- Location
- Colorado, United States
- Type
- Buyout
Foundation Automotive Corp. has acquired the AutoNation Hyundai 104 dealership in Westminster, Colorado and will operate the site as Foundation Hyundai as part of its Medved Autoplex family. The acquisition is Foundation's 22nd store overall and its seventh in the Colorado market, expanding the group's Hyundai franchise presence in the Denver metro area. AutoNation was the selling party.
-
May 22, 2020
- Buyer
- Foundation Automotive (Foundation Auto Corp.)
- Target
- Freestone Auto Group, Service Truck Depot
- Industry
- Automotive
- Location
- Texas, United States
- Type
- Buyout
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.
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