M&A Deal Summary

Spitzer Autoworld Acquires Axelrod Buick GMC

On August 17, 2023, Spitzer Autoworld acquired automotive company Axelrod Buick GMC

Acquisition Highlights
  • This is Spitzer Autoworld’s 1st transaction in the Automotive sector.
  • This is Spitzer Autoworld’s 1st transaction in the United States.
  • This is Spitzer Autoworld’s 1st transaction in Ohio.

M&A Deal Summary
Date 2023-08-17
Target Axelrod Buick GMC
Sector Automotive
Buyer(s) Spitzer Autoworld
Deal Type Add-on Acquisition

Target

Axelrod Buick GMC

Parma, Ohio, United States
Axelrod Buick GMC is a Buick GMC Dealer in Ohio that sells new and used Buicks and GMCs. Axelrod Buick GMC is based in Parma, Ohio.

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Buyer(S) 1

Buyer

Spitzer Autoworld

Elyria, Ohio, United States
Category Company
Founded 1904
Sector Automotive
DESCRIPTION

Spitzer Autoworld is a family-owned business that offers a wide selection of new and pre-owned vehicles. Spitzer Autoworld was formed in 1904 and is based in Elyria, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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