ACQUIRED · 2025
Who Acquired Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper)?
Penske Automotive Group · $519.4M
The acquisition
Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) (California and Texas) was acquired by Penske Automotive Group in 2025 for $519.4M. Four high-volume Toyota and Lexus dealerships including Longo Toyota (#1 Toyota dealer in US for 58 consecutive years). at 0.35× revenue.
Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) at time of acquisition
Revenue
$1500.0M
Deal value
$519.4M
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Sourced from Penske Automotive Group Press Release / SEC Filing. Primary source. Full deal page.
Citation: ExitValue.ai. (2025). Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) acquired by Penske Automotive Group. https://exitvalue.ai/acquired/penske-motor-group-longo-toyota-longo-lexus-lexus-stevens-creek-longo-toyota-of-