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  6. Ed Napleton Automotive Group Acquires Village Automotive Group - 3 Minnesota Dealerships

M&A Deal Summary

Ed Napleton Automotive Group Acquires Village Automotive Group - 3 Minnesota Dealerships

On February 26, 2019, Ed Napleton Automotive Group acquired automotive company Village Automotive Group - 3 Minnesota Dealerships from Village Automotive Group

Acquisition Highlights
  • This is Ed Napleton Automotive Group’s 1st transaction in the Automotive sector.
  • This is Ed Napleton Automotive Group’s 1st transaction in the United States.
  • This is Ed Napleton Automotive Group’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2019-02-26
Target Village Automotive Group - 3 Minnesota Dealerships
Sector Automotive
Buyer(s) Ed Napleton Automotive Group
Sellers(s) Village Automotive Group
Deal Type Divestiture

Target

Village Automotive Group - 3 Minnesota Dealerships

Minnesota, United States
Village Automotive Group - 3 Minnesota Dealerships comprises following dealers Lexus of Wayzata, Lexus of Maplewood, and Village Chevrolet. Lexus of Wayzata is a provider of vehicles and used cars, service, and parts. Lexus of Maplewood serves Minneapolis, St. Paul and Rochester Lexus customers with new & used car sales, service, and financing. Village Chevrolet offers new and used Chevy vehicles, service, and parts to Minneapolis and Minnetonka customers.

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Buyer(S) 1

Buyer

Ed Napleton Automotive Group

Oakbrook Terrace, Illinois, United States
Category Company
Founded 1931
Sector Automotive
DESCRIPTION

Ed Napleton Automotive Group is an auto retailer focused on operating 39 dealerships in six states. Ed Napleton Automotive Group was formed in 1931 and is based in Oakbrook Terrace, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Village Automotive Group

Wayzata, Minnesota, United States
Category Company
Founded 1950
Sector Automotive
DESCRIPTION

Formed in 1950, Village Automotive Group is a family-owned automotive group with five locations in the Twin Cities, located in Maplewood and Wayzata. Village Automotive Group offers service, administration, sales, and customer service.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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