M&A Deal Summary |
|
|---|---|
| Date | 2017-03-07 |
| Target | Prestige Family of Fine Cars - Jaguar and Land Rover Dealerships |
| Sector | Automotive |
| Buyer(s) | Penske Automotive Group |
| Sellers(s) | Prestige Family of Fine Cars |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1990 |
| Sector | Retail |
| Employees | 28,500 |
| Revenue | 29.5B USD (2023) |
Penske Automotive Group is an automotive retailer that sells new and used motor vehicles, maintenance, and repair services. Penske Automotive Group was founded in 1990 and is based in Bloomfield Hills, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 27 |
| Sector (Automotive) | 5 of 13 |
| Type (Divestiture) | 4 of 4 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 13 of 19 |
| Year (2017) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-11 |
CarSense
Chester Springs, Pennsylvania, United States CarSense is a stand-alone specialty retailer of used vehicles in the United States. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-10 |
Schumacher European
Phoenix, Arizona, United States Schumacher European Ltd. is a Mercedes-Benz and Sprinter dealership in Phoenix, Arizona. This new dealership is located contiguous to the company's Scottsdale 101 Auto Collection which currently represents fifteen franchises. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1947 |
| Sector | Automotive |
Prestige Family of Fine Cars is an own and operator of car dealerships in US.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
