M&A Deal Summary

Del Grande Dealer Group Acquires Audi Modesto

On January 27, 2023, Del Grande Dealer Group acquired automotive company Audi Modesto from Findlay Auto Group

Acquisition Highlights
  • This is Del Grande Dealer Group’s 4th transaction in the Automotive sector.
  • This is Del Grande Dealer Group’s 4th transaction in the United States.
  • This is Del Grande Dealer Group’s 4th transaction in California.

M&A Deal Summary

Date 2023-01-27
Target Audi Modesto
Sector Automotive
Buyer(s) Del Grande Dealer Group
Sellers(s) Findlay Auto Group
Deal Type Divestiture

Target

Audi Modesto

Modesto, California, United States
Audi Modesto provides a vast selection of new and used vehicles, exceptional car care and customer service. Audi Modesto is based in Modesto, California.

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Buyer(S) 1

Buyer

Del Grande Dealer Group

San Jose, California, United States

Category Company
Founded 1998
Sector Automotive
DESCRIPTION

Del Grande Dealer Group is a family-owned automotive group. The dealer group comprises 16 brands and 18 dealerships in Northern California including Capitol Buick GMC, Capitol Chevrolet, Capitol Ford, Capitol Hyundai, Capitol Kia, Capitol Mazda, Capitol Subaru, Capitol Volkswagen, Concord Mazda, Fremont Chrysler Dodge Jeep Ram, Fremont Hyundai, Genesis of Stevens Creek, Salinas Honda, Stevens Creek Hyundai, Stevens Creek Mazda, Team Cadillac, Team Chevrolet, Team Hyundai, and Team Mazda Del Grande Dealer Group was founded in 1998 and is based in San Jose, California.


DEAL STATS #
Overall 4 of 4
Sector (Automotive) 4 of 4
Type (Divestiture) 1 of 1
State (California) 4 of 4
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-06 Stevens Creek Hyundai

Santa Clara, California, United States

Stevens Creek Hyundai is an operator of a comprehensive new car inventory and a quality selection of pre-owned vehicles. Stevens Creek Hyundai is based in Santa Clara, California.

Buy -

Seller(S) 1

SELLER

Findlay Auto Group

Henderson, Nevada, United States

Category Company
Founded 1959
Sector Automotive
DESCRIPTION

Findlay Auto Group offers such a large selection of new, used and certified pre-owned vehicles from used Convertible, Coupe, Hatchback, SUV, Sedan, Truck, Van or Wagon. Findlay Auto Group was founded in 1959 and is based in Henderson, Nevada.


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1