Divestiture • Internet Software and Services

Atlantic Automotive Acquires Bel Air Honda

On June 1, 2017, Atlantic Automotive acquired internet software and services company Bel Air Honda from RML Automotive

Acquisition Context
  • This is Atlantic Automotive’s 1st transaction in the Internet Software and Services sector.
  • This is Atlantic Automotive’s 3rd transaction in the United States.
  • This is Atlantic Automotive’s 2nd transaction in Maryland.

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M&A Deal Summary

Date June 1, 2017
Target Bel Air Honda
Sector Internet Software and Services
Buyer(s) Atlantic Automotive
Sellers(s) RML Automotive
Deal Type Divestiture

Target Company

Bel Air Honda

Fallston, Maryland, United States
Bel Air Honda is an online platform that allows users to search and find automotive pricing, scheduled service and finance for new and used cars. Bel Air Honda is based in Fallston, Maryland.
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Buyer Overview 1

Buyer

Atlantic Automotive

Baltimore, Maryland, United States

Category Company
Founded 1986
Sector Automotive
DESCRIPTION

Atlantic Automotive Corp. (dba MileOne Automotive) is an automotive dealership company provides leasing services; and offers indirect lending for used vehicles.


Deal Context for Buyer #
Overall 3 of 3
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
State: Maryland 2 of 2
Country: United States 3 of 3
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-13 Heritage Of Towson II

Towson, Maryland, United States

Heritage Of Towson II, Inc. is a privately held company operates as a new and used Hyundai car dealer.

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Seller Profile 1

SELLER

RML Automotive

Lewisville, Texas, United States

Category Company
Sector Automotive
DESCRIPTION

RML Automotive is a dealership group that provides leasing services. RML Automotive is based in Lewisville, Texas.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1