M&A Deal Summary

Lithia Motors Acquires Bennett Motors

On October 14, 2015, Lithia Motors acquired retailer Bennett Motors

Acquisition Highlights
  • This is Lithia Motors’ 4th transaction in the Retail sector.
  • This is Lithia Motors’ 10th transaction in the United States.
  • This is Lithia Motors’ 3rd transaction in Montana.

M&A Deal Summary
Date 2015-10-14
Target Bennett Motors
Sector Retail
Buyer(s) Lithia Motors
Deal Type Add-on Acquisition

Target

Bennett Motors

Great Falls, Montana, United States
Bennett Motors is a provider of new and used/pre-owned car dealerships. It offers coupes, SUVs, sedans, trucks, vans, wagons, and crossovers.

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Buyer(S) 1

Buyer

Lithia Motors

Medford, Oregon, United States
Category Company
Founded 1946
Sector Automotive
Employees27,446
Revenue 31.0B USD (2023)
DESCRIPTION

Lithia Motors is an automotive retailer that sells 30 brands of new vehicles and all brands of used vehicles at 129 stores in 14 states. Lithia also arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations. Lithia Motors was founded in 1946 and is based in Medford, Oregon.

DEAL STATS #
Overall 10 of 21
Sector (Retail) 4 of 5
Type (Add-on Acquisition) 10 of 19
State (Montana) 3 of 3
Country (United States) 10 of 21
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-14 Crown Chrysler Jeep Dodge Ram Fiat

Concord, California, United States

Crown Chrysler Jeep Dodge Ram Fiat is a new and used/pre-owned car dealership. It serves clients in Concord, Antioch, Walnut Creek, Richmond, and the Bay Area. Lithia Chrysler Jeep Dodge Ram Fiat of Concord.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-29 Greiner Ford Lincoln of Casper

Casper, Wyoming, United States

Greiner Ford Lincoln of Casper is a provider of new and used Ford & Lincoln cars, trucks & SUVs to greater Casper, WY.

Buy -
Mergr

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