M&A Deal Summary |
|
|---|---|
| Date | 2019-01-31 |
| Target | Lexus of Rockville |
| Sector | Automotive |
| Buyer(s) | Graham Holdings |
| Sellers(s) | Sonic Automotive |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1877 |
| Sector | Diversified |
| Employees | 14,110 |
| Revenue | 4.4B USD (2023) |
Graham Holdings is a diversified education and media company whose principal operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and custom manufacturing. The Company owns Kaplan, a leading global provider of educational services; Graham Media Group (WDIV–Detroit, KPRC–Houston, WKMG–Orlando, KSAT–San Antonio, WJXT–Jacksonville); The Slate Group (Slate and Panoply); and Foreign Policy. The Company also owns Trove, a social news aggregator; SocialCode, a leading social marketing solutions company; Celtic Healthcare and Residential Healthcare Group, home health and hospice providers; Joyce/Dayton Corp., a manufacturer of screw jacks, linear actuators and lifting systems; and Forney Corporation, a manufacturer of burners, igniters, dampers and controls for combustion processes in electric utility and industrial applications. Graham Holdings was founded in 1877 and is based in Arlington, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 15 |
| Sector (Automotive) | 2 of 3 |
| Type (Divestiture) | 5 of 6 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 11 of 15 |
| Year (2019) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-31 |
Ourisman Honda of Tysons Corner
Vienna, Virginia, United States Ourisman Honda of Tysons Corner provides service, quality, and everything in between to Honda Drivers from Vienna. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-31 |
Clyde’s Restaurant Group
Washington, District of Columbia, United States Clyde’s Restaurant Group provides thirteen restaurants and entertainment venues including eight Clyde’s locations, Old Ebbitt Grill, The Hamilton, 1789 Restaurant, The Soundry, and The Tombs. Clyde’s Restaurant Group was founded in 1963 and is based in Washington, District of Columbia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Automotive |
| Employees | 10,500 |
| Revenue | 14.4B USD (2023) |
Sonic Automotive is an automotive dealer in the United States operating 173 franchises and 37 collision repair centers. Sonic was formed in 1997 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Automotive) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2019) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-31 |
Ourisman Honda of Tysons Corner
Vienna, Virginia, United States Ourisman Honda of Tysons Corner provides service, quality, and everything in between to Honda Drivers from Vienna. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-16 |
Carbiz
Baltimore, Maryland, United States Carbiz is an auto dealer in the United States. Company provides pre-owned automobile sales, new Vespa/Piaggio sales, and Piaggio and Vespa parts and accessories. Carbiz was founded in 1995 and is based in Baltimore, Maryland. |
Buy | - |
