M&A Deal Summary

Hendrick Automotive Group Acquires Hendrick Chrysler Dodge Jeep Ram of Concord

On February 1, 2012, Hendrick Automotive Group acquired retailer Hendrick Chrysler Dodge Jeep Ram of Concord

Acquisition Highlights
  • This is Hendrick Automotive Group’s 2nd transaction in the Retail sector.
  • This is Hendrick Automotive Group’s 2nd transaction in the United States.
  • This is Hendrick Automotive Group’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2012-02-01
Target Hendrick Chrysler Dodge Jeep Ram of Concord
Sector Retail
Buyer(s) Hendrick Automotive Group
Deal Type Add-on Acquisition

Target

Hendrick Chrysler Dodge Jeep Ram of Concord

Concord, North Carolina, United States
Hendrick Chrysler Dodge Jeep Ram of Concord is a privately held company operates as a new and used car dealer.

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Buyer(S) 1

Buyer

Hendrick Automotive Group

Charlotte, North Carolina, United States
Category Company
Founded 1976
Sector Retail
DESCRIPTION

Hendrick Automotive Group, Inc. is a privately held automotive dealership group offers new and pre-owned vehicles, financing, warranties, automobile parts, accessories, service and body repair.

DEAL STATS #
Overall 2 of 2
Sector (Retail) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 2 of 2
Country (United States) 2 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-15 Hendrick Motors of Charlotte

Charlotte, North Carolina, United States

Hendrick Motors of Charlotte is a dealer of new and used Mercedes-Benz vehicles.

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