Operating Company Transportation & Logistics

McGovern Automotive Group

Newton, Massachusetts, United States

McGovern Automotive Group is a multi-location retail auto dealer group with 25+ brands across 35+ locations in MA, NH, NJ and NY. It sells new and pre-owned vehicles and provides service, parts, and related dealership operations.

Focus Areas
Franchised automotive dealerships, Luxury vehicle retail, Automotive service and parts

Tracked deals

3

3 tracked deals across 2022-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

McGovern Automotive Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for McGovern Automotive Group. 1 2022 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    McGovern Automotive Group
    Target
    Mercedes-Benz of Little Silver
    Seller
    Allan Sockol, Scott Coleman, Contemporary Motor Cars, Inc.
    Industry
    Automotive
    Type
    Buyout

    McGovern Automotive Group has acquired Mercedes-Benz of Little Silver (formerly Contemporary Motor Cars Mercedes-Benz), marking MAG's 31st dealership and its first location in New Jersey. The previous owners, Allan Sockol and Scott Coleman, will retain an ownership stake and remain involved while MAG expands the dealership's staff and operations under its leadership.

  • Buyer
    McGovern Automotive Group
    Target
    Acton Chrysler Dodge Jeep Ram
    Industry
    Automotive
    Type
    Buyout

    McGovern Automotive Group, a Boston-based dealer group, has acquired Acton Chrysler Dodge Jeep Ram in Acton, Massachusetts, marking the group's 25th dealership acquisition in six years. The deal brings roughly 150 new and 75 pre-owned vehicles into McGovern's network; current dealership employees will remain and regional leadership will oversee operations.

  • Buyer
    McGovern Automotive Group
    Target
    Capital Luxury Cars, Capital Volvo Cars of Albany, Jaguar Land Rover Albany
    Seller
    Capital Luxury Cars, Eric Kahn
    Industry
    Automotive
    Type
    Buyout

    McGovern Automotive Group acquired Albany-based Capital Luxury Cars, including Capital Volvo Cars of Albany and Jaguar Land Rover Albany. Haig Partners served as the exclusive sell-side advisor and the seller was dealer principal Eric Kahn, who said he is focusing on his Friendly brand stores.

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