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  6. Tasca Automotive Group Acquires L. T. Begnal Motor

M&A Deal Summary

Tasca Automotive Group Acquires L. T. Begnal Motor

On May 13, 2023, Tasca Automotive Group acquired automotive company L. T. Begnal Motor

Acquisition Highlights
  • This is Tasca Automotive Group’s 1st transaction in the Automotive sector.
  • This is Tasca Automotive Group’s 1st transaction in the United States.
  • This is Tasca Automotive Group’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2023-05-13
Target L. T. Begnal Motor
Sector Automotive
Buyer(s) Tasca Automotive Group
Deal Type Add-on Acquisition
Advisor(s) Hodgson Russ (Legal)

Target

L. T. Begnal Motor

Kingston, New Jersey, United States
L. T. Begnal Motor is a provider of new and used passenger cars, utility vehicles, vans, and trucks. L. T. Begnal Motor was founded in 1984 and is based in Kingston, New Jersey.

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Buyer(S) 1

Buyer

Tasca Automotive Group

Cranston, Rhode Island, United States
Category Company
Founded 1943
Sector Automotive
DESCRIPTION

Tasca Automotive Group is an own and operator of automotive dealership. Tasca Automotive Group was founded n 1943 and is based in Cranston, Rhode Island.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-19 Gibbons Ford Dealership

Dickson City, Pennsylvania, United States

Gibbons Ford Dealership is an own and operator of automotive dealership. Gibbons Ford Dealership is based in Dickson City, Pennsylvania.

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