M&A Deal Summary

Sonic Automotive Acquires Murray Motor - Murray BMW and Mercedes-Benz of Denver

On May 24, 2013, Sonic Automotive acquired automotive company Murray Motor - Murray BMW and Mercedes-Benz of Denver from Murray Motor Imports

Acquisition Highlights
  • This is Sonic Automotive’s 3rd transaction in the Automotive sector.
  • This is Sonic Automotive’s 3rd transaction in the United States.
  • This is Sonic Automotive’s 1st transaction in Colorado.

M&A Deal Summary

Date 2013-05-24
Target Murray Motor - Murray BMW and Mercedes-Benz of Denver
Sector Automotive
Buyer(s) Sonic Automotive
Sellers(s) Murray Motor Imports
Deal Type Divestiture

Target

Murray Motor - Murray BMW and Mercedes-Benz of Denver

Denver, Colorado, United States
The franchises include Murray BMW of Denver and Mercedes-Benz of Denver and are expected to add approximately $200 million in revenue during Sonic Automotive's first year of operatio

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Buyer(S) 1

Buyer

Sonic Automotive

Charlotte, North Carolina, United States

Category Company
Founded 1997
Sector Automotive
Employees10,500
Revenue 14.4B USD (2023)
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 3 of 8
Sector (Automotive) 3 of 7
Type (Divestiture) 2 of 2
State (Colorado) 1 of 1
Country (United States) 3 of 8
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-26 PPE Houston - Jaguar and Land Rover franchises

United States

PPE Houston - Jaguar and Land Rover franchises. Both franchises giving us exclusive representation of these prestigious brands in one of the largest automotive markets in America.

Buy $90M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-31 Ourisman Honda of Tysons Corner

Vienna, Virginia, United States

Ourisman Honda of Tysons Corner provides service, quality, and everything in between to Honda Drivers from Vienna.

Sell -

Seller(S) 1

SELLER

Murray Motor Imports

Denver, Colorado, United States

Category Company
Sector Beverages
DESCRIPTION

Murray Motor Imports treats the needs of each individual customer with paramount concern. We know that you have high expectations, and as a car dealer we enjoy the challenge of meeting and exceeding those standards each and every time


DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1