This acquisition follows Sutherlin Automotive. Acquired a Subaru dealership in Tennessee in September.
Meanwhile, the Sutherlin Group sold three outlets in two weeks in April.
On April 17, the group sold Sutherlin-Nissan Cherokee County of Holly Springs, Georgia, north of Atlanta, to Mike Perrin and Chuck Perrin.
The dealership has been renamed Cherokee County Nissan.
Mike Sims, president of Pinnacle Mergers & Acquisitions, a Frisco, Texas trading firm, along with executive vice president Wes Hamilton, represented Sutherlin in the Nissan dealership transaction.
On April 27, Sutherlin Automotive sold the Sutherlin Nissan Mall in Buford, Georgia, northeast of Atlanta, to Steve Layman, Sutherlin said. The dealership has been renamed Steve Layman Nissan Mall of Georgia.
Sutherlin pointed to the concentration of Nissan dealers in the Atlanta market as the reason for the sale of the two stores.
“It will only reduce margins, it will only increase competition,” Sutherlin said. car news.
Additionally, on April 28, Sutherlin announced that the group had sold Sutherlin Hyundai Athens to Vernon Krauss of Krauss Auto Group. The store was renamed Hyundai of Athens. The University of Georgia is located in Athens, northeast of Atlanta.
Sims and Hamilton also represented Sutherlin Automotive in the Athens transaction.
With dealer sales in Georgia, Sutherlin said his group will be based in Montgomery.
https://www.autonews.com/dealers/group-re-enters-alabama-and-purchases-first-lexus-store Group Reenters Alabama, Acquires First Lexus Dealership