Asbury Automotive Group

Asbury Automotive Group, Inc., based in Duluth, Georgia, is a prominent automotive retailer in the United States, operating 155 new-vehicle dealerships and 37 collision centers across 15 states, primarily in Texas, the West, the Mid-Atlantic, and the Southeast. The company focuses heavily on luxury and import brands, which account for over 70% of its new-vehicle revenue. In addition to vehicle sales, Asbury provides third-party financing and insurance products, as well as its own finance and insurance offerings through Total Care Auto. The company has established a range of regional brands, including McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western U.S. In 2023, Asbury Automotive Group generated $14.8 billion in revenue, reflecting its successful growth through both organic expansion and strategic acquisitions.

Keith Style

SVP and CFO

5 past transactions

Jim Koons Automotive Companies

Acquisition in 2023
Jim Koons Automotive Companies operates a network of automobile dealerships primarily located in Woodbridge, Virginia. The company specializes in selling both new and certified pre-owned vehicles, catering to a diverse customer base. In addition to vehicle sales, Jim Koons Automotive offers various services, including financing options, test drives, and convenient pickup and delivery services for both purchasing and servicing vehicles. This comprehensive approach enhances the customer experience, making it easier for clients to engage with the dealership.

Total Care Auto

Acquisition in 2021
Total Care Auto, based in Utah, is a provider of automotive insurance and maintenance coverage services aimed at preserving the value of vehicles. The company offers a range of solutions, including prepaid maintenance plans, service contracts, vehicle theft assistance, and tire and wheel protection. By delivering extensive vehicle coverage options, Total Care Auto addresses the needs of vehicle owners seeking to protect their investments and ensure the longevity of their automobiles.

Stevinson Automotive

Acquisition in 2021
Stevinson Automotive is a car dealership based in Denver, Colorado, specializing in luxury and performance vehicles, including brands such as Lexus, Scion, Jaguar, and Porsche. The company operates a chain of dealerships that provide a diverse selection of automobiles for both retail and resale. In addition to vehicle sales, Stevinson Automotive offers associated financing options, along with after-sales and maintenance services to enhance the overall customer experience.

Park Place

Acquisition in 2019
At Park Place, our success has been built upon our ceaseless commitment to client service excellence. This is more than just a "catch phrase" for us. It is our pledge. We strive day-in and day-out to meet the needs of our clients in the showroom, on the service drive, and in the community. When you walk into our showroom, you’ll be treated with courtesy and respect by friendly and intelligent people who genuinely care about your concerns. When you drive your car onto our service drive, you can rest assured that only factory-trained, certified technicians using only genuine factory parts and the most advanced state-of-the-art technology will be working on your vehicle.

Mike Davidson Ford

Acquisition in 2015
Mike Davidson Ford is a car dealership located in Jacksonville, Florida.
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