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  6. Foundation Automotive Acquires Crossroads DCJR

M&A Deal Summary

Foundation Automotive Acquires Crossroads DCJR

On February 9, 2023, Foundation Automotive acquired automotive company Crossroads DCJR

Acquisition Highlights
  • This is Foundation Automotive’s 4th transaction in the Automotive sector.
  • This is Foundation Automotive’s 4th transaction in the United States.
  • This is Foundation Automotive’s 2nd transaction in Texas.

M&A Deal Summary
Date 2023-02-09
Target Crossroads DCJR
Sector Automotive
Buyer(s) Foundation Automotive
Deal Type Add-on Acquisition

Target

Crossroads DCJR

Liberty, Texas, United States
Crossroads DCJR is a growing group’s 17th dealership in Texas and 8th Stellantis store in the United States. It provides a vast selection of new and used vehicles, exceptional car care, and customer service. Crossroads DCJR is based in Liberty, Texas.

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Buyer(S) 1

Buyer

Foundation Automotive

Houston, Texas, United States
Category Company
Sector Automotive
DESCRIPTION

Foundation Automotive Corp. is a provider of automotive solutions and is comprised of an all-star executive management team with the perfect mix of operations specialists and analytical professionals. Foundation Automotive is based in Houston, Texas.

DEAL STATS #
Overall 4 of 4
Sector: Automotive M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Texas M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Southfork

Manvel, Tennessee, United States

Southfork is an operator of an automotive group with a diverse array of vehicles to choose from a vast collection of new models among Chrysler, Jeep, Dodge, and RAM to give choices with premium sedans, sport, and muscle cars, SUVs, and trucks. Southfork is based in Manvel, Tennessee.

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