M&A Deal Summary

Lithia Motors Acquires Bitterroot Motors

On August 5, 2015, Lithia Motors acquired retailer Bitterroot Motors

Acquisition Highlights
  • This is Lithia Motors’ 2nd transaction in the Retail sector.
  • This is Lithia Motors’ 8th transaction in the United States.
  • This is Lithia Motors’ 2nd transaction in Montana.

M&A Deal Summary

Date 2015-08-05
Target Bitterroot Motors
Sector Retail
Buyer(s) Lithia Motors
Deal Type Add-on Acquisition

Target

Bitterroot Motors

Missoula, Montana, United States
Bitterroot Motors, Inc. operates as an automotive dealer. The company offers new and pre-owned cars, trucks, sports utility vehicles, 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 8 of 21
Sector (Retail) 2 of 5
Type (Add-on Acquisition) 8 of 19
State (Montana) 2 of 3
Country (United States) 8 of 21
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-15 DCH Auto Group

South Amboy, New Jersey, United States

DCH Auto Group comprises 27 auto dealerships in New Jersey, New York, and Southern California from Santa Barbara to San Diego, featuring a full line of new and pre-owned vehicles.

Buy $363M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-14 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.

Buy -