Add-on Acquisition • Automotive

Foundation Automotive Acquires Crossroads DCJR

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

Acquisition Context

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.

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M&A Deal Summary
Date	February 9, 2023
Target	Crossroads DCJR
Sector	Automotive
Buyer(s)	Foundation Automotive
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	4 of 4
Sector: Automotive	4 of 4
Type: Add-on Acquisition	4 of 4
State: Texas	2 of 2
Country: United States	4 of 4
Year: 2023	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.	Buy	-

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.

Buy

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