M&A Deal Summary

Group 1 Automotive Acquires Estero Bay Chevrolet

On March 28, 2023, Group 1 Automotive acquired automotive company Estero Bay Chevrolet

Acquisition Highlights
  • This is Group 1 Automotive’s 7th transaction in the Automotive sector.
  • This is Group 1 Automotive’s 13th transaction in the United States.
  • This is Group 1 Automotive’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-03-28
Target Estero Bay Chevrolet
Sector Automotive
Buyer(s) Group 1 Automotive
Deal Type Add-on Acquisition

Target

Estero Bay Chevrolet

Estero, Florida, United States
Estero Bay Chevrolet is an omni-channel platform that sells new and used cars. Estero Bay Chevrolet was founded in 2003 and is based in Estero, Florida.

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Buyer(S) 1

Buyer

Group 1 Automotive

Houston, Texas, United States
Category Company
Founded 1995
Sector Automotive
Employees16,011
Revenue 17.9B USD (2023)
DESCRIPTION

Group 1 Automotive is an international automotive dealer. Group 1 Automotive was founded in 1995 and is based in Houston, Texas.

DEAL STATS #
Overall 19 of 22
Sector (Automotive) 7 of 10
Type (Add-on Acquisition) 16 of 18
State (Florida) 1 of 1
Country (United States) 13 of 14
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Larry H. Miller Toyota

Albuquerque, New Mexico, United States

Larry H. Miller Toyota is an automotive dealer. Larry H. Miller Toyota is based in Larry H. Miller Toyota, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-13 Key Acura of Atlantic City

Egg Harbor Township, New Jersey, United States

Key Acura of Atlantic City provides an Acura dealership in Egg Harbor Township, New Jersey, and offers Acura sales, service, finance, leasing & online car buying.

Sell -
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