Divestiture/carve-outJul 30, 2026Pending
🇺🇸 United States
HAHennessy Automobile Companies1AGroup 1 Automotive, Inc.
Consumer & Retail › Retail
Enterprise value$1.3BEnterprise value
AnnouncedJul 30, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Group 1 Automotive entered into a definitive agreement to acquire the dealership assets and real estate of Hennessy Automobile Companies, comprising 10 Atlanta-area dealerships. The deal is valued at approximately $1.3 billion including blue sky, real estate and operating assets.
Deal rationale
The acquisition advances Group 1's cluster strategy by expanding its presence in the Atlanta market, adding about $1.7 billion in annualized revenue and being immediately accretive to EPS.
AI-generated from the SEC filingPendingConsumer & Retail › RetailUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.3B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
JPJ.P. Morgan
Sell-side
None listed
Parties
Target
HAHennessy Automobile Companies
- Headquarters
- United States
- Ticker
- —
Seller
HFHennessy family
- Headquarters
- —
- Ticker
- —