M&A Deal Summary |
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|---|---|
| Date | 2021-01-19 |
| Target | CarMax Laurel Toyota |
| Sector | Automotive |
| Buyer(s) | Sheehy Auto Stores |
| Sellers(s) | CarMax |
| Deal Type | Divestiture |
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Sheehy Auto Stores, Inc. is a family-owned business automotive dealer group in the country and serves customers throughout the Mid-Atlantic. Sheehy Auto Stores is a retailer of Ford and Nissan in the region and have the largest selection of new Ford. Our other franchises include Honda, Lincoln, Subaru, Lexus, INFINITI, Toyota, Volkswagen, Hyundai, Nissan, Buick, GMC, Mazda, and Harley-Davidson. Sheehy Auto Stores was founded in 1996 and is based in Fairfax, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Automotive |
| Employees | 30,000 |
| Revenue | 26.5B USD (2024) |
CarMax is a retailer of used vehicles. The CarMax consumer offer features low, no-haggle prices, a broad selection of CarMax Quality Certified used vehicles, and superior customer service. CarMax was founded in 1993 and is headquartered in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-29 |
Edmunds
Santa Monica, California, United States Edmunds is a web-based portal for consumers to research new and used vehicles. Edmunds guides car shoppers online from research to purchase. With in-depth reviews of every new vehicle, shopping tips from an in-house team of experts, plus a wealth of consumer and automotive market insights. Edmunds was founded in 1966 and is based in Santa Monica, California. |
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