Financial Advisor
Allen Samuels Auto Group
M&A Advisory
Has Been Acquired By
Transaction Details
- On February 1, 2016, AutoNation, Inc. (NYSE: AN) closed on the acquisition of Allen Samuels Auto Group of Waco, TX.
- Allen Samuels Auto Group owns and operates 12 stores with 31 franchises, representing approximately $800 million in annual revenue and 19,500 retail new and used vehicle unit sales.
- Stephens Inc. served as exclusive financial advisor to Allen Samuels Auto Group.
About the company
Allen Samuels Auto Group
Allen Samuels Auto Group owns and operates 12 stores with 31 franchises, including Chrysler, Dodge, Jeep, Ram, Chevrolet, Hyundai, Mercedes-Benz and Sprinter. Allen Samuels Auto Group is based in Waco, TX and has locations in the Houston, Dallas-Fort Worth, Corpus Christi, Tyler, Ennis and Waco markets. The company was founded in 1981 and now has over 1,000 employees. For more information visit www.allensamuels.com.
AutoNation
AutoNation, Inc. (NYSE: AN) is America's largest automotive retailer. As of 12/31/15, it owned and operated 342 new vehicle franchises, which sell 35 new vehicle brands across 15 states. AutoNation, Inc. was founded in 1996 and is based in Fort Lauderdale, FL. For more information visit www.autonation.com.
Sources: Company documents and publicly available information.
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