Penske Mergers and Acquisitions Summary

Retail Company

Penske has acquired 20 companies, including 8 in the last 5 years.

Penske’s largest acquisition to date was in 2013, when it acquired Western Star Trucks Australia Pty for $200M. Penske has acquired in 12 different US states, and 4 countries. The Company’s most targeted sectors include retail (45%) and automotive (40%).

Join Mergr and gain access to Penske’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 Activity20
    • M&A Buy Activity20
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 5

Penske Automotive Group, Inc. (Penske)

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

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


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (1.2/yr) # 14 5 - - - 1 20
vol $200M $200M
Sell (0.0/yr) # - - - - - - 0
  20

Most Recent M&A

Company Date Value Type
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
Car Sense, Inc. 2016-12-01 - Add-on Acquisition
Uwchland, Pennsylvania · www.carsense.com
Nicole Group 2016-01-07 - Stake Purchase
, Japan
Schneider Nelson Auto Group 2015-11-17 - Add-on Acquisition
West Long Branch, New Jersey · www.schneidernelson.com
The Around The Clock Freightliner Group LLC 2014-11-04 - Add-on Acquisition
Oklahoma City, Oklahoma · www.atcfreightliner.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 9 (45%) - - -
Automotive 8 (40%) - - -
Distribution 3 (15%) 200M (100%) - -
Total 20 $200M - -

By Geo

State/Country Buy Value Sell Value
United States 15 - - -
  Pennsylvania 2 - - -
  New Jersey 2 - - -
  Virginia 1 - - -
  Texas 1 - - -
  Oklahoma 1 - - -
  Ohio 1 - - -
  New York 1 - - -
  Missouri 1 - - -
  Michigan 1 - - -
  Connecticut 1 - - -
  Arizona 1 - - -
Australia 2 200M - -
United Kingdom 2 - - -
Japan 1 - - -
Domestic 15 (75%) - - -
Cross-border 5 (25%) 200M (100%) - -
Total 20 $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)
20%
4 (20%)

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