M&A Deal Summary |
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Date | 2024-12-06 |
Target | Motorcycles of Charlotte & Greensboro |
Sector | Automotive |
Buyer(s) | Sonic Automotive |
Sellers(s) | Performance Brokerage Services |
Deal Type | Divestiture |
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Category | Company |
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Founded | 1997 |
Sector | Automotive |
Employees | 10,500 |
Revenue | 14.4B USD (2023) |
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 | 9 of 9 |
Sector (Automotive) | 8 of 8 |
Type (Divestiture) | 3 of 3 |
Country (United States) | 9 of 9 |
Year (2024) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-02-15 |
Black Hills Harley-Davidson
Rapid City, South Dakota, United States Black Hills Harley-Davidson is a full-service Harley-Davidson dealership and hostes “The Rally at Exit 55” during the Annual Sturgis Motorcycle Rally, for approximately 500,000 Harley-Davidson enthusiasts each year. Black Hills Harley-Davidson is based in Rapid City, South Dakota. |
Buy | - |
Category | Company |
---|---|
Sector | Business Services |
Performance Brokerage Services is a dealership brokerage firm, specializing in buy-sell activity for automotive, RV, commercial truck, powersports, and equipment dealerships. Performance Brokerage Services is based in Irvine, California.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Automotive) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2024) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-04-03 |
H&J Chevrolet
Kerman, California, United States H&J Chevrolet provides new and used vehicles in Kerman, California. |
Buy | - |