Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Friendly
United States
Domestic
Automobiles
Acquisition
Completed
Majority
automobile dealers
Synopsis
Baxter Auto Group, a car dealer, completed the acquisition of Audi Shawnee Mission, an Audi dealership, from Holman, a global automotive services organization. Financial terms were not disclosed. “Holman is pleased to be passing Audi Shawnee Mission’s keys to another family-owned company, one whose values, like ours, start with commitment to their community and employees. With this transaction, we believe we are putting the Audi Shawnee Mission team in a better position for growth with Baxter who operates a number of premier dealerships in the region. We could not be more pleased with Kerrigan Advisors to have found an ideal buyer for Audi Shawnee Mission. Erin and her team kept our strategic objectives at the forefront during every stage of the sale process and shepherded this transaction to a successful outcome," Gene Welsh, Holman President.
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