M&A Deal Summary

Crown Automotive Group Acquires Kelly Subaru

On December 31, 2020, Crown Automotive Group acquired automotive company Kelly Subaru

Acquisition Highlights
  • This is Crown Automotive Group’s 1st transaction in the Automotive sector.
  • This is Crown Automotive Group’s 1st transaction in the United States.
  • This is Crown Automotive Group’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2020-12-31
Target Kelly Subaru
Sector Automotive
Buyer(s) Crown Automotive Group
Deal Type Add-on Acquisition

Target

Kelly Subaru

Chattanooga, Tennessee, United States
Kelly Subaru sells new Subaru & used cars in Chattanooga. Parts, Body Shop, Service, and Financing. Located near East Ridge, Cleveland TN & Dalton, GA.

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Buyer(S) 1

Buyer

Crown Automotive Group

Pinellas Park, Florida, United States

Category Company
Sector Automotive
DESCRIPTION

Crown Automotive Group is one of the largest privately-owned dealership groups in the nation with operations in Florida, Ohio, and Tennessee. Every Crown Automotive dealership features an extensive selection of new, certified, and meticulously inspected pre-owned vehicles with financing options for every budget.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1