Add-on Acquisition • Automotive

Group 1 Automotive Acquires Key Acura of Atlantic City

On January 1, 2006, Group 1 Automotive acquired automotive company Key Acura of Atlantic City

Acquisition Context
  • This is Group 1 Automotive’s 1st transaction in the Automotive sector.
  • This is Group 1 Automotive’s 1st transaction in the United States.
  • This is Group 1 Automotive’s 1st transaction in New Jersey.
Investment Fate
  • Key Acura of Atlantic City was divested to a consortium of strategic buyers in 2023.

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M&A Deal Summary

Date January 1, 2006
Target Key Acura of Atlantic City
Sector Automotive
Buyer(s) Group 1 Automotive
Deal Type Add-on Acquisition

Target Company

Key Acura of Atlantic City

Egg Harbor Township, New Jersey, United States
Key Acura of Atlantic City provides an Acura dealership in Egg Harbor Township, New Jersey, and offers Acura sales, service, finance, leasing & online car buying.
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Buyer Overview 1

Buyer

Group 1 Automotive

Houston, Texas, United States

Category Company
Founded 1995
Sector Automotive
Employees20,413
Revenue 19.9B USD (2024)
DESCRIPTION

Group 1 Automotive is an international automotive dealer. Group 1 Automotive was founded in 1995 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 1 of 22
Sector: Automotive 1 of 10
Type: Add-on Acquisition 1 of 18
State: New Jersey 1 of 1
Country: United States 1 of 14
Year: 2006 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-14 Shamaley Buick-GMC

El Paso, Texas, United States

Shamaley Buick-GMC LP is a dealer of new, used, and pre-owned vehicles.

Buy -