M&A Deal Summary

Lithia Motors Acquires Subaru of Mobile

On July 27, 2021, Lithia Motors acquired automotive company Subaru of Mobile

Acquisition Highlights
  • This is Lithia Motors’ 12th transaction in the Automotive sector.
  • This is Lithia Motors’ 17th transaction in the United States.
  • This is Lithia Motors’ 1st transaction in Alabama.

M&A Deal Summary
Date 2021-07-27
Target Subaru of Mobile
Sector Automotive
Buyer(s) Lithia Motors
Deal Type Add-on Acquisition
Advisor(s) Haig Partners, LLC (Financial)

Target

Subaru of Mobile

South Mobile, Alabama, United States
Subaru of Mobile is a provider of a vast selection of new and used vehicles, exceptional car care, and customer service with a smile. Subaru of Mobile is based in South Mobile, Alabama.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 17 of 21
Sector (Automotive) 12 of 15
Type (Add-on Acquisition) 15 of 19
State (Alabama) 1 of 1
Country (United States) 17 of 21
Year (2021) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 The Suburban Collection - 56 Dealership Franchise

Troy, Michigan, United States

The Suburban Collection's 56 Dealership Franchise is a car dealer group.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Rock Honda

Fontana, California, United States

Rock Honda is a Honda dealer, that offers a huge selection of new and used vehicles from which to choose. Rock Honda online and offline customers enjoy vehicle specials every day. Rock Honda is based in Fontana, California.

Buy -
Mergr

Product

Company

Legal