GPI·July 30, 2026·activist
Group 1 Automotive to Acquire 10 Hennessy Dealerships in Atlanta for $1.3 Billion
Group 1 Automotive has entered into a definitive agreement to acquire the assets of Hennessy Automobile Companies, adding 10 dealerships and a collision center in the greater Atlanta market for an aggregate purchase price of approximately $1.3 billion, with financing backstopped by a bridge commitment from JPMorgan.