Group 1 Agrees to Acquire Hennessy Automobile Dealerships in the Atlanta Market to Advance Proven Cluster Strategy
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6 Articles
Kerrigan Advisors Brokers Record-Breaking $1.3 Billion Hennessy, Group 1 Deal – AIADAToggle MenuFacebookXLinkedinYouTubeVimeoScroll to topScroll to top
Kerrigan Advisors Brokers Record-Breaking $1.3 Billion Hennessy, Group 1 DealGroup 1 Automotive’s agreement to acquire Hennessy Automobile Companies marks the largest 10-store deal by dollar value in automotive retail history. The $1.3 billion transaction adds 10 luxury and import dealerships in metro Atlanta to Group 1’s portfolio and marks the city as the company’s second-largest market by revenue. Kerrigan Advisors brokered the deal on behalf…
Group 1’s ‘cluster strategy’ fuels acquisition of Hennessy stores in Atlanta
Group 1 Automotive sees its success in Houston and Boston being possible in Atlanta because of its “cluster strategy.” The dealer group can use that approach with a footprint of 15 stores in the Georgia metropolis, as Group 1 announced on Thursday that it has signed a definitive agreement to acquire the dealership assets and real estate of Hennessy Automobile Companies. This transaction — coupled with recent acquisitions of Stone Mountain Honda …
Group 1 fuels Atlanta expansion with Hennessy acquisition
Group 1 Automotive has signed a definitive agreement to acquire Hennessy Automobile Companies, adding 10 luxury and import dealerships in metro Atlanta. The deal, expected to close by the end of 2026, will make Atlanta the company’s second-largest market by revenue. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Deal Details: Seller: Hennessy Automobile Companies (Hennessy family) Buy…
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