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%)

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