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Announced

Completed

Asbury completed the acquisition of Larry H. Miller Dealerships and Total Care Auto for $3.2bn.

Synopsis

Asbury, a regional collection of automobile dealerships, completed the acquisition of Larry H. Miller Dealerships, a dealer group, and Total Care Auto, a vehicle dealer, for $3.2bn. “We are proud that Larry H. Miller Dealerships has grown to be one of the largest automotive retailers in the country. Our incredible employees will have the opportunity to be part of Asbury, another well-respected and trusted brand, that brings a national footprint with a best-in-class technology platform. This transaction provides additional opportunities for the LHM Group to further diversify and grow our portfolio of businesses and investments," Steve Starks, Larry H. Miller Group CEO.

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