What did Asbury Automotive Group pay for Park Place Dealerships?

Asbury Automotive Group acquired Park Place Dealerships for $735.0M in 2020. Target revenue was approximately $1700.0M. Target EBITDA was approximately $95.0M.

M&A TRANSACTION · 2020

Park Place Dealerships acquired by Asbury Automotive Group

$735.0M· Auto Dealership

Target

Park Place Dealerships

Dallas/Fort Worth, TX

One of the country's largest and most prominent luxury dealer groups with 12 new vehicle franchises in Dallas/Fort Worth market

Park Place Dealerships acquisition profile →

Acquirer

Asbury Automotive Group

Strategic buyer

See all Asbury Automotive Group acquisitions →

Disclosed financials at time of acquisition

Revenue

$1700.0M

EBITDA

$95.0M

Deal Value

$735.0M

What's your auto dealership worth today?

12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.

✓Sellability score with 5-driver breakdown and lift estimates
✓Named comparable M&A transactions in your sub-vertical
✓AI-written analysis grounded in your specific inputs

Run my valuation analysis →

Context

This $735.0M acquisition of Park Place Dealerships by Asbury Automotive Group sits in the auto dealership sub-vertical. Run a valuation for your own auto dealership business via our Auto Dealership valuation hub. Asbury Automotive Group is acquiring as a strategic buyer; see how strategic acquirers typically price auto dealership businesses on our Auto Dealership strategic buyer-pool page.

Source

Data sourced from Asbury Automotive Group Press Release - primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

Value your own auto dealership