Tracked deals
16
16 tracked deals across 2020-2026.
Public Company
Transportation & Logistics
Lithia & Driveway
Medford, Oregon, United States
Lithia & Driveway is a nationwide automotive retailer operating a large network of franchised dealerships and omni-channel vehicle retail services, including online shopping via Driveway. It is listed on the NYSE under ticker LAD (Fortune 500).
- Focus Areas
- Automotive dealership, Auto retail (new and used), Vehicle service & parts
- Website
- lithiadriveway.com
Recent pace
3
3 tracked deals announced in the last 12 months.
Deal mix
Buyout
15 buyout · 1 divestiture
Lithia & Driveway Acquisition Volume by Year
Last 7 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 16 tracked deals for Lithia & Driveway.
-
March 5, 2026
- Buyer
- Lithia Motors
- Target
- Toyota of Gallatin
- Seller
- Dave Stumbo, Stumbo Automotive
- Industry
- Retail
- Location
- United States
- Type
- Buyout
Lithia Motors has acquired Toyota of Gallatin in the Metro Nashville market. Dave Stumbo of Stumbo Automotive sold the dealership, and it will continue operating as Toyota of Gallatin under Lithia’s ownership.
-
- Buyer
- Lithia Motors Inc.
- Target
- Mercedes-Benz of Medford
- Seller
- Lancaster County Motors
- Industry
- Retail
- Location
- Oregon, United States
- Type
- Buyout
Lithia Motors Inc. acquired Mercedes-Benz of Medford (including related real estate) from Lancaster County Motors. The transaction closed on February 23 in Medford, Oregon, strengthening Lithia’s local luxury Mercedes-Benz footprint.
-
November 11, 2025
- Buyer
- Lithia & Driveway (LAD)
- Target
- Porsche Beverly Hills, Audi Santa Monica
- Seller
- Geoff Emery
- Industry
- Automotive
- Location
- California, United States
- Type
- Buyout
Lithia & Driveway (LAD) acquired two luxury Southern California dealerships — Porsche Beverly Hills and Audi Santa Monica — adding an estimated $450 million of annualized revenue. The purchases, sourced from owner Geoff Emery, expand Lithia's luxury retail network and were financed with existing on‑balance sheet capacity.
-
October 14, 2025
- Buyer
- Lithia & Driveway (Lithia Motors, Inc.)
- Target
- Stivers Decatur Subaru
- Industry
- Automotive
- Location
- Georgia, United States
- Type
- Buyout
Lithia & Driveway (LAD) acquired Stivers Decatur Subaru in the Atlanta/Decatur market to increase network density in the Southeast and strengthen its import mix. The acquisition, financed with on-balance-sheet capacity, is expected to bring an estimated $100 million in annualized revenue and deepens Lithia's footprint in a growth market.
-
- Buyer
- Lithia & Driveway (Lithia Motors, Inc.)
- Target
- Mercedes-Benz of Jackson, Mercedes-Benz of Collierville
- Seller
- Trudy Higginbotham Moody, Wallis Higginbotham, Higginbotham family
- Industry
- Automotive
- Location
- United States
- Type
- Buyout
Lithia & Driveway (Lithia Motors, Inc.) has acquired Mercedes‑Benz of Jackson (Mississippi) and Mercedes‑Benz of Collierville (Tennessee), including associated real estate, from members of the Higginbotham family. The purchases expand Lithia's luxury-brand footprint and store density in the Southeast as part of its continued acquisition strategy.
-
March 4, 2025
- Buyer
- Lithia & Driveway (LAD)
- Target
- Elk Grove Subaru
- Industry
- Automotive
- Location
- California, United States
- Type
- Buyout
Lithia & Driveway (LAD) acquired Elk Grove Subaru in Elk Grove, California, adding the dealership to its Sacramento-area retail network and strengthening density in the Southwest region. The acquisition, financed with existing on‑balance sheet capacity, is expected to add approximately $100 million of annual revenue to LAD.
-
January 28, 2025
- Buyer
- Lithia & Driveway (Lithia Motors, Inc.)
- Target
- Stohlman Subaru
- Industry
- Automotive
- Location
- Virginia, United States
- Type
- Buyout
Lithia & Driveway (LAD) acquired Stohlman Subaru in Sterling, Virginia to expand its Mid-Atlantic footprint. The acquisition, financed with existing on‑balance sheet capacity, adds expected annualized revenue of $80 million to LAD.
-
September 10, 2024
- Buyer
- Lithia & Driveway (Lithia Motors)
- Target
- Three Duval Motor Company dealerships (Acura, Honda and Subaru in Jacksonville and Gainesville, Florida)
- Seller
- Duval Motor Company
- Industry
- Automotive
- Location
- Florida, United States
- Type
- Buyout
Lithia & Driveway (NYSE: LAD) purchased three dealerships (Acura, Honda and Subaru) from Duval Motor Company in Jacksonville and Gainesville, Florida, adding an expected $200M+ in annualized revenue. The deal marks Lithia's entry into these Florida markets and expands its import and luxury retail footprint, funded using existing on‑balance sheet capacity.
-
February 27, 2024
- Buyer
- Lithia & Driveway (Lithia Motors, Inc.)
- Target
- Carousel Motor Group
- Seller
- Pohlad Companies
- Industry
- Automotive
- Location
- Minnesota, United States
- Type
- Buyout
Lithia & Driveway (LAD) has purchased Carousel Motor Group, a nine-store dealer group operating premium luxury and domestic franchises in the Minneapolis–St. Paul region, adding an expected $900 million in annualized revenue. The acquisition expands Lithia's footprint in the North Central Region (including its first Ford store in Wisconsin) and was financed using existing on‑balance sheet capacity; the seller is Pohlad Companies (the Pohlad family).
-
July 18, 2023
- Buyer
- Lithia Motors
- Target
- Wade Ford
- Seller
- Steve Ewing
- Industry
- Automotive
- Location
- Georgia, United States
- Type
- Buyout
Lithia Motors has purchased Wade Ford, a franchised Ford dealership in the Atlanta metro, from owner Steve Ewing. The acquisition — brokered by Pinnacle Mergers & Acquisitions — is expected to contribute to Lithia's revenue growth and expand its government fleet presence, with Lithia projecting an incremental $285 million in annual revenue.
-
December 13, 2022
- Buyer
- Lithia Motors
- Target
- Ferrari of Denver, Bentley of Denver, Lotus of Denver
- Seller
- Aleks Vekselberg
- Industry
- Automotive
- Location
- Colorado, United States
- Type
- Buyout
Lithia Motors purchased three Denver-area luxury dealerships — Ferrari of Denver, Bentley of Denver and Lotus (Lotus of Denver) — in a transaction brokered by Pinnacle Mergers & Acquisitions. The dealerships were sold by owner Aleks Vekselberg as Lithia expands its luxury and regional retail footprint in Colorado.
-
- Buyer
- Lithia & Driveway (LAD)
- Target
- Airstream Adventures, Ultimate Airstreams
- Industry
- Automotive
- Location
- Oregon, United States
- Type
- Buyout
Lithia & Driveway (LAD) has acquired Airstream Adventures, the nation’s largest Airstream dealer group, including its Ultimate Airstreams upfitting business and six retail locations across Oregon, Washington, Idaho and Northern California. The deal marks Lithia’s entrance into the luxury recreational vehicle market; Airstream Adventures founder Ted Davis and his team will join Lithia.
Related Acquisition Pages
Automotive Buyers & Acquisitions
13 tracked deals by Lithia & Driveway.
Retail Buyers & Acquisitions
2 tracked deals by Lithia & Driveway.
Transportation Buyers & Acquisitions
1 tracked deal by Lithia & Driveway.
Acquisitions in California
4 tracked deals by Lithia & Driveway.
Acquisitions in Georgia
2 tracked deals by Lithia & Driveway.
Acquisitions in Oregon
2 tracked deals by Lithia & Driveway.
Acquisitions in Colorado
1 tracked deal by Lithia & Driveway.
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