What did Asbury Automotive Group pay for The Herb Chambers Companies?

$1.45B, equivalent to 8.2× EBITDA / 0.45× revenue. Target revenue was approximately $3200.0M. Target EBITDA was approximately $176.8M.

ACQUIRED · 2025

Who Acquired The Herb Chambers Companies?

Asbury Automotive Group · $1.45B· 8.2× EBITDA

The acquisition

The Herb Chambers Companies (New England) was acquired by Asbury Automotive Group in 2025 for $1.45B. Flagship New England region dealership group with 33 dealerships, 52 franchises, and 3 collision centers. The deal was priced at 8.2× EBITDA / 0.45× revenue.

The Herb Chambers Companies at time of acquisition

Revenue

$3200.0M

EBITDA

$176.8M

Deal value

$1.45B

EV / EBITDA

8.2×

Other acquisitions by Asbury Automotive Group

Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.

Larry H. Miller Dealerships and Total Care Auto · 2021 · $3.20B · 8.9× EBITDA
Park Place Dealerships · 2020 · $735.0M · 7.7× EBITDA

Similar auto dealership acquisitions

Groove Ford and Groove Mazda · acquired by AutoNation in 2025 · $70.0M
Jaguar Land Rover Los Angeles, JLR Newport Beach, JLR San Jose, Land Rover Pasadena · acquired by Sonic Automotive in 2025 · $359.9M
Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) · acquired by Penske Automotive Group in 2025 · $519.4M
Pendragon PLC UK Motor and Fleet Management Divisions · acquired by Lithia & Driveway in 2024 · $500.0M
Larry H. Miller Dealerships and Total Care Auto · acquired by Asbury Automotive Group in 2021 · $3.20B

Run a valuation for a similar auto dealership business

Three fields, instant range, backed by 25,592 real M&A transactions including this one.

Open the auto dealership calculator →