Tracked deals
4
4 tracked deals across 2023-2024.
Public Company
Transportation & Logistics
Penske Automotive Group
Bloomfield Hills, Michigan, United States
Penske Automotive Group, Inc. (NYSE: PAG) is a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers. It operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan, and also distributes and retails commercial vehicles and related parts and services.
- Focus Areas
- Automotive retail / dealerships, Commercial truck dealerships, After-sales service & parts
- Website
- penskeautomotive.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
4 buyout
Penske Automotive Group Acquisition Volume by Year
Last 2 years
Supporting Data
Recent Transactions
-
July 16, 2024
- Buyer
- Penske Automotive Group
- Target
- Bill Brown Ford
- Industry
- Automotive
- Location
- Michigan, United States
- Type
- Buyout
Penske Automotive Group has acquired Bill Brown Ford, a longtime Ford dealership located in Livonia, Michigan, expanding Penske’s North American retail footprint in the Midwest. The acquisition includes more than 200,000 square feet of facilities across 29 acres (dealership, pre-owned facility, fleet maintenance and collision center) and is expected to add about $550 million in estimated annualized revenue.
-
- Buyer
- Premier Truck Group, Penske Automotive Group
- Target
- River States Truck and Trailer, Inc.
- Industry
- Trucking & Fleet
- Location
- Wisconsin, United States
- Type
- Buyout
Premier Truck Group, a Penske Automotive Group company, acquired River States Truck and Trailer, Inc., a La Crosse, Wisconsin-based commercial truck dealership and repair business. The deal adds five facilities across western Wisconsin and eastern Minnesota, expands Premier's footprint into new markets, and is expected to contribute roughly $200 million of estimated annualized revenue.
-
- Buyer
- Penske Automotive Group, Inc., Sytner Group
- Target
- Rybrook Group Limited
- Industry
- Automotive
- Location
- Warwickshire, United Kingdom
- Type
- Buyout
Penske Automotive Group has completed the acquisition of Rybrook Group Limited, adding 15 premium dealerships across the United Kingdom (BMW, MINI, Volvo, Land Rover and Porsche) with estimated annualized revenues of $1.0 billion. The deal expands Penske's UK footprint through its Sytner Group subsidiary and brings the Rybrook associates into the Penske/Sytner business.
-
- Buyer
- Penske Automotive Group, Premier Truck Group
- Target
- Transolutions Truck Centres (TSTC)
- Industry
- Trucking & Fleet
- Location
- Manitoba, Canada
- Type
- Buyout
Penske Automotive Group, through its Premier Truck Group subsidiary, acquired Transolutions Truck Centres (TSTC), a five-location medium- and heavy-duty truck and bus dealership network based in Winnipeg, Manitoba. The deal expands Premier Truck Group's presence into Manitoba, adds approximately $180 million of expected annualized revenue and about 200 employees (including 59 technicians and 73 service bays).
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