Announced
Completed
Financials
Tags
Single Bidder
Completed
Specialty Retailers
Majority
Acquisition
Domestic
United States
car dealership
Friendly
Private
Synopsis
Lithia & Driveway, an automotive dealership group, completed the acquisition of nine Lehman Auto World stores and two Esserman International stores. Financial terms were not disclosed. "We are thrilled to welcome these teams to our Lithia & Driveway family. The Lehman family has deep roots in south Florida, serving the community for over 86 years. Under its leadership, the stores have achieved a reputation for earning lifelong customers with their impeccable level of service," Bryan DeBoer, Lithia & Driveway President and CEO.
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