M&A Deal Summary |
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|---|---|
| Date | 2025-07-21 |
| Target | Herb Chambers |
| Sector | Automotive |
| Buyer(s) | Asbury |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.5B USD |
| Advisor(s) | Stephens (Financial) Simpson Thacher & Bartlett Wilmer Cutler Pickering Hale and Dorr (Legal) |
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| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Automotive |
| Employees | 15,000 |
| Revenue | 17.2B USD (2024) |
Asbury is an automotive retailer serving the US market. Asbury owns and operates new vehicle franchises, representing a variety of brands of automobiles at dealership locations and collision centers across the US. In addition, Asbury owns and operates stand-alone used vehicle stores under the Q auto brand name in Florida. Asbury's stores offer an extensive range of automotive products and services, including new vehicles, used vehicles, parts and services, and finance and insurance. ASBURY was founded in 1996 and is based in Duluth, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Automotive M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| State: Connecticut M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-08 |
Koons
Vienna, Virginia, United States Koons is a regional private auto dealership group and automotive retailer with locations around the Washington-Baltimore area of the US. Koons was formed in 1973 and is headquartered in Vienna, Virginia. |
Buy | - |
