Core Insights - AutoNation, Inc. has acquired Jerry's Toyota, a prominent dealership in the Mid-Atlantic region, marking a significant expansion for AutoNation [1][2][4] Company Overview - Dave Cantin Group (DCG) is a leading mergers and acquisitions advisory firm specializing in the automotive sector, advising on approximately 40 transactions annually [5] - DCG's advisory approach focuses on long-term client relationships and market intelligence tools to inform client strategies [5][6] Transaction Details - The acquisition of Jerry's Toyota is part of a multi-generational succession plan for the Stautberg family, ensuring continuity for customers and employees [2][3] - The terms of the transaction have not been disclosed, but it is noted as AutoNation's first Toyota acquisition in over a decade [4] Market Context - The Baltimore-Washington corridor is highlighted as a high-performing Toyota region in the U.S., characterized by strong brand loyalty and sustained retail demand [4]
AutoNation Acquires Jerry's Toyota in Major Mid-Atlantic Deal