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New Deal


Announced

Completed

Lithia & Driveway completed the acquisition of Rock Honda.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

Private

Specialty Retailers

Domestic

Majority

Completed

Acquisition

Friendly

car dealership

Synopsis

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Lithia & Driveway, a provider of personal transportation solutions, completed the acquisition of Rock Honda, a Honda dealer. Financial terms were not disclosed. "We are excited to reach more consumers in the Southwest region and welcome the Rock Honda team to the Lithia & Driveway family. This high-performing, customer-focused store expands our omni-channel network and introduces a new adjacency with personal insurance products, further complementing our ability to provide consumers transportation solutions wherever, whenever and however they desire," Bryan DeBoer, Lithia & Driveway President and CEO.

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