Tracked deals
4
4 tracked deals across 2024-2026.
Private Equity Firm
Other
Open Road Capital
Fairfax, Virginia, United States
Evergreen private investment firm deploying equity capital in automotive retail dealerships, partnering with dealership operators. Open Road is backed by Bain Capital Credit and seeks to deploy capital long-term (“evergreen” structure) across the dealership sector.
- Focus Areas
- Automotive retail dealerships, Dealership platform / dealer groups, Automotive collision repair
- Website
- openroadcapital.com
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 2 buyout
Open Road Capital Acquisition Volume by Year
Last 2 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
September 9, 2026
- Buyer
- Keeler Motor Car Company, Open Road Capital
- Target
- BMW of Tenafly
- Seller
- Penske Automotive Group
- Industry
- Retail
- Location
- New Jersey, United States
- Type
- Addon
Keeler Motor Car Company and Open Road Capital acquired BMW of Tenafly from Penske Automotive Group. The dealership will continue operating under the BMW of Tenafly name at its Tenafly, New Jersey location, with the transaction closing in Q2 2026.
-
February 11, 2026
- Buyer
- Keeler Motor Car Company, Open Road Capital
- Target
- Lexus of Westport, Toyota of Westport, Audi Hawthorne
- Seller
- New Country Motor Car Group
- Industry
- Transportation
- Location
- Connecticut, United States
- Type
- Buyout
Jesse Hord’s Keeler Motor Car Company, together with capital partner Open Road Capital, acquired the Lexus of Westport, Toyota of Westport, and Audi Hawthorne dealerships from New Country Motor Car Group. Haig Partners acted as the exclusive advisor to New Country on the transaction, which is described as successfully closing.
-
- Buyer
- Open Road Capital, Jim Keffer, Jon Alcorn
- Target
- Beyer Automotive Group
- Seller
- Mike Beyer and his family (Beyer Automotive Group)
- Industry
- Automotive
- Location
- Virginia, United States
- Type
- Buyout
Beyer Automotive Group, a Virginia-based dealer group that retails over 7,000 vehicles and generates ~ $400 million in annual revenue, was sold in two transactions advised by Haig Partners. Open Road Capital (backed by Bain Capital) acquired the Northern Virginia dealerships on October 10, 2024, while dealer investors Jim Keffer and Jon Alcorn purchased the Winchester dealerships (now operating as Dogwood Automotive Group) in a separate closing on August 30, 2024.
-
August 13, 2024
- Buyer
- Open Road Capital, Jesse Hord
- Target
- Keeler Motor Company
- Seller
- Keeler family
- Industry
- Automotive
- Location
- New York, United States
- Type
- Addon
Open Road Capital, in partnership with dealer-operator Jesse Hord, has acquired Keeler Motor Company from the Keeler family. The deal brings multiple branded dealerships and a collision center in Latham, New York into Open Road Capital's growing automotive retail platform as part of its east-coast expansion.
Related Acquisition Pages
Automotive Buyers & Acquisitions
2 tracked deals by Open Road Capital.
Retail Buyers & Acquisitions
1 tracked deal by Open Road Capital.
Transportation Buyers & Acquisitions
1 tracked deal by Open Road Capital.
Acquisitions in Connecticut
1 tracked deal by Open Road Capital.
Acquisitions in New Jersey
1 tracked deal by Open Road Capital.
Acquisitions in New York
1 tracked deal by Open Road Capital.
Acquisitions in Virginia
1 tracked deal by Open Road Capital.
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