Group 1 Automotive Acquires High Volume Luxury Brand Dealership

Group 1 Automotive Acquires High Volume Luxury Brand Dealership

Expected to Generate $210 Million in Annual Revenues

Dealer news: Big-city dealership sales close in Atlanta, New York

A dealership near and dear to Mercedes-Benz USA has been sold. Mercedes-Benz of Buckhead in Atlanta, located just nine miles down Georgia 400 from the company’s U.S. headquarters in suburban Sandy Springs, has been acquired by Group 1 Automotive from Gregory and Juanita Baranco. Group 1 said the deal, which included all dealership real estate, represents a significant portfolio addition and underscores its commitment to growth in top-tier market…

Group 1 Automotive acquires Mercedes-Benz of Buckhead from Baranco Family

Group 1 Automotive purchased the Mercedes-Benz of Buckhead dealership in Atlanta from Gregory and Juanita Baranco, with all real estate included. The Baranco family will continue to operate Mercedes-Benz of Covington, LA, and is launching a new Audi dealership in Cumming, GA. The Presidio Group exclusively advised Group 1 on the transaction. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inb…

Group 1 Automotive Expands Luxury Portfolio: $210M Mercedes-Benz Dealership Acquisition Drives Southeast Growth

Major expansion adds Mercedes-Benz Buckhead to Group 1's luxury portfolio. Part of $640M acquisition strategy in 2025. See revenue projections and growth details.