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  6. Sonic Automotive Acquires Audi New Orleans

M&A Deal Summary

Sonic Automotive Acquires Audi New Orleans

On December 12, 2024, Sonic Automotive acquired automotive company Audi New Orleans

Acquisition Highlights
  • This is Sonic Automotive’s 9th transaction in the Automotive sector.
  • This is Sonic Automotive’s 10th transaction in the United States.
  • This is Sonic Automotive’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-12-12
Target Audi New Orleans
Sector Automotive
Buyer(s) Sonic Automotive
Deal Type Add-on Acquisition

Target

Audi New Orleans

Metairie, Louisiana, United States
Audi New Orleans offers quality automotive sales and service of automobiles. Audi New Orleans was founded in 2009 and is based in Metairie, Louisiana.

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Buyer(S) 1

Buyer

Sonic Automotive

Charlotte, North Carolina, United States
Category Company
Founded 1997
Sector Automotive
Employees10,800
Revenue 14.2B USD (2024)
DESCRIPTION
Sonic Automotive's corporate headquarters in Charlotte, North Carolina.
Sonic Automotive's corporate headquarters in Charlotte, North Carolina.

Sonic Automotive is an automotive dealer in the United States operating 173 franchises and 37 collision repair centers. Sonic was formed in 1997 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 10 of 10
Sector: Automotive M&A 9 of 9
Type: Add-on Acquisition M&A Deals 7 of 7
State: Louisiana M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-06 Motorcycles of Charlotte & Greensboro

United States

Motorcycles of Charlotte & Greensboro provides a wide-ranging collection of new and used bikes.

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Mergr

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