Penske Automotive Group Mergers and Acquisitions Summary

RetailCompany

Penske Automotive Group has acquired 24 companies, including 5 in the last 5 years.

Penske Automotive Group’s largest acquisition to date was in 2013, when it acquired Western Star Trucks Australia Pty for $200M. Penske Automotive Group has acquired in 14 different US states, and 5 countries. The Company’s most targeted sectors include automotive (46%) and retail (42%).

Join Mergr and gain access to Penske Automotive Group’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.

M&A Summary

  • M&A Total Activity24
    • M&A Buy Activity24
  • Total Sectors Invested 3
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 5

Penske Automotive Group

Penske Automotive Group, Inc.

2555 Telegraph Road,
Bloomfield Hills, Michigan 48302
United States,
(248) 648-2500
www.penskeautomotive.com

Penske Automotive Group is an automotive retailer that sells new and used motor vehicles, maintenance, and repair services. Penske Automotive Group was founded in 1990 and is based in Bloomfield Hills, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.0/yr) # 19 - - 2 2 1 24
vol $200M $200M
Sell (0.0/yr) # - - - - - - 0
  24

Most Recent M&A

Company Date Value Type
Transolutions Truck Centres Ltd. 2023-06-05 - Add-on Acquisition
Winnipeg, Manitoba · www.tstruck.ca
Terry Lee Hyundai & Genesis 2022-05-03 - Add-on Acquisition
Noblesville, Indiana · www.terryleehyundai.com
TEAM Truck Centres 2022-02-28 - Add-on Acquisition
London, Ontario · www.teamtruck.com
McCoy Freightliner 2021-11-16 - Add-on Acquisition
Portland, Oregon · www.mccoyftl.com
Kansas City Freightliner 2021-03-04 - Add-on Acquisition
Kansas City, Missouri · www.kcfreightliner.com
The Car People Ltd. 2017-12-12 - Add-on Acquisition
Wakefield, United Kingdom · www.thecarpeople.co.uk
Schumacher European Ltd. 2017-04-10 - Add-on Acquisition
Phoenix, Arizona · www.schumachermb.com
Prestige Family of Fine Cars - Jaguar and Land Rover Dealerships 2017-03-07 - Divestiture
Paramus, New Jersey
CarSense 2017-01-11 - Add-on Acquisition
Chester Springs, Pennsylvania · www.carsense.com
Car Shops Ltd. (CarShop) 2017-01-06 - Add-on Acquisition
Northampton, United Kingdom · www.carshop.co.uk
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 11 (46%) - - -
Retail 10 (42%) - - -
Distribution 3 (13%) 200M (100%) - -
Total 24 $200M - -

By Geo

State/Country Buy Value Sell Value
United States 17 - - -
  Pennsylvania 2 - - -
  New Jersey 2 - - -
  Virginia 1 - - -
  Texas 1 - - -
  Oregon 1 - - -
  Oklahoma 1 - - -
  Ohio 1 - - -
  New York 1 - - -
  Missouri 1 - - -
  Michigan 1 - - -
  Indiana 1 - - -
  Connecticut 1 - - -
  Arizona 1 - - -
Australia 2 200M - -
Canada 2 - - -
  Ontario 1 - - -
  Manitoba 1 - - -
United Kingdom 2 - - -
Japan 1 - - -
Domestic 17 (71%) - - -
Cross-border 7 (29%) 200M (100%) - -
Total 24 $200M - -

Deal Values

buy # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest Western Star Trucks Australia Pty Ltd.
$200M (2013-08-30)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
4 (17%)

Company Summary

SECTOR

Retail

Revenue

27,815   9% 2022
25,555   25% 2021
20,444   12% 2020
23,179   2% 2019
22,785   7% 2018
21,387   7% 2017
20,119   5% 2016
19,285   13% 2015
17,177   2014
12,902   2012
(millions of USD) Show More Show Less

Employees

23,000

Established

1990

Public

NYSE: PAG

 Subscribe to unlock this and 196,870
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 187K M&A Transactions
  • 192K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 74K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Penske Automotive Group

Michigan Companies , Retail Companies , United States Companies , Michigan Retail Companies , Michigan Retail with Acquisitions

Related Lists for Michigan Companies

Largest Michigan Companies , Acquisitive Michigan Companies , Recently Acquired Michigan Companies , Recently Sold Michigan Companies , Private Michigan Companies , Public Michigan Companies , Acquired Michigan Companies , PE Backed Michigan Companies

Related Lists for Retail Companies

Largest Retail Companies , Acquisitive Retail Companies , Recently Acquired Retail Companies , Recently Sold Retail Companies , Private Retail Companies , Public Retail Companies , Acquired Retail Companies , PE Backed Retail Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal