Acquiring Company
Keeler Motor Car Company
Acquired Company
BMW of Tenafly
City Of TroyNew JerseyAutomotiveFleet ManagementDescription
Keeler Motor Car Company and Open Road Capital have acquired BMW of Tenafly from Penske Automotive Group. This acquisition marks Keeler's entry into the New Jersey market, growing its portfolio to 10 dealerships. The dealership will continue operating under the BMW of Tenafly name at its current location. Financial terms were not disclosed.
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M&A Insights
Based on deal dataFrequently asked
Who acquired BMW of Tenafly?
BMW of Tenafly was acquired by Keeler Motor Car Company, based in City Of Troy. The deal was reported on September 9, 2026. Keeler Motor Car Company operates dealerships across New York, Connecticut, and now New Jersey, representing brands including Audi, BMW, Genesis, Honda, Mercedes-Benz, MINI, and Toyota. Keeler Motor Car Company is privately held and operates in Automotive.
When did Keeler Motor Car Company acquire BMW of Tenafly?
Keeler Motor Car Company's acquisition of BMW of Tenafly was reported on September 9, 2026. Keeler Motor Car Company and Open Road Capital have acquired BMW of Tenafly from Penske Automotive Group. This acquisition marks Keeler's entry into the New Jersey market, growing its portfolio to 10 dealerships. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BMW of Tenafly do?
BMW of Tenafly has served BMW customers throughout Bergen County and the Northern New Jersey area. The dealership is known for its well-run operations and loyal customer base. It is privately held, and is based in New Jersey.
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