M&A Deal Summary

Hendrick Automotive Group Acquires Hendrick Motors of Charlotte

On April 15, 2009, Hendrick Automotive Group acquired retailer Hendrick Motors of Charlotte

Acquisition Highlights
  • This is Hendrick Automotive Group’s 1st transaction in the Retail sector.
  • This is Hendrick Automotive Group’s 1st transaction in the United States.
  • This is Hendrick Automotive Group’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2009-04-15
Target Hendrick Motors of Charlotte
Sector Retail
Buyer(s) Hendrick Automotive Group
Deal Type Add-on Acquisition

Target

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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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 1 of 2
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (North Carolina) 1 of 2
Country (United States) 1 of 2
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-01 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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Mergr

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