M&A TRANSACTION · 2025
Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) acquired by Penske Automotive Group
$519.4M· 0.35x revenue
Target
Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper)
California and Texas
Four high-volume Toyota and Lexus dealerships including Longo Toyota (#1 Toyota dealer in US for 58 consecutive years)
Acquirer
Penske Automotive Group
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$1500.0M
EBITDA
—
Deal Value
$519.4M
EV/EBITDA
—
Context
This $519.4M acquisition of Penske Motor Group (Longo Toyota, Longo Lexus, Lexus Stevens Creek, Longo Toyota of Prosper) by Penske Automotive Group sits in the auto dealership sub-vertical. Penske 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 Penske Automotive Group Press Release / SEC Filing — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
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