.
MergerLinks Header Logo

New Deal


Announced

Completed

Asbury Automotive completed the acquisition of Koons Automotive Companies.

Financials

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

Tags

Edit

Motor Vehicle Manufacturing

Automobiles

United States

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

Edit

Asbury Automotive, an automotive retailer, completed the acquisition of Koons Automotive Companies, a private auto dealership group. Financial terms were not disclosed. “We are so pleased to see the successful transition of our company to Asbury, knowing that being part of this sterling organization will provide tremendous career opportunities for our employees and a continuation of exceptional service to our customers and community. Koons’ rich 50 year history could not have been achieved without the contributions and support of our stellar employees,” Jim Koons, Jim Koons Automotive Companies Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US