Park Place Motorcars - Ownership and Business Overview

AutomotiveCompany

Park Place Motorcars Ownership

Who owns Park Place Motorcars?

Park Place Motorcars is owned by Asbury Automotive Group. It was acquired on December 12, 2019.

Park Place Motorcars Business Overview

Where is Park Place Motorcars headquartered?

Park Place Motorcars is headquartered in Irving, Utah.

What sector is Park Place Motorcars in?

Park Place Motorcars is an automotive company.

When was Park Place Motorcars founded?

Park Place Motorcars was founded in 1987.

Automotive M&A Summary in 2019

Out of 60 sectors in the Mergr database, automotive ranked 20 in number of deals in 2019. The largest automotive acquisition in 2019 was WABCO Holdings - which was acquired by ZF Friedrichshafen AG for $7.0B.

Join Mergr to view all 139 acquisitions of automotive companies in 2019, including 33 acquisitions by private equity firms, and 106 by strategics.

Park Place Motorcars Ltd.

350 Phelps Drive,
Irving, Utah 75038
United States,
(214) 526-8701
www.parkplace.com

Park Place Motorcars Ltd. is a luxury car dealership group focused on providing luxury automobiles, parts, accessories and services in the Dallas/Fort Worth area, and throughout North Texas. In addition to Jaguar, Bentley, Porsche, Maserati, Bugatti, Rolls-Royce, Volvo and smart, the company also has three Mercedes-Benz locations in Dallas, Fort Worth and Grapevine, and two Lexus dealerships in Plano and Grapevine, serving those communities, as well as Southlake, Arlington, Colleyville, Coppell, Frisco, Irving, Lewisville among others in the Metroplex. Park Place was formed in 1987 and is based in Irving, Utah.


Company Summary

SECTOR

Automotive

Established

1987

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