Acquiring Company
Group 1 Automotive
Acquired Company
Hennessy Automobile Companies
HoustonAtlantaManufacturingCommerce and ShoppingTransportationRetailAutomotiveMotor Vehicle ManufacturingRetail Motor VehiclesAutomotiveDescription
On October 19, 2026, Group 1 Automotive, Inc. completed the acquisition of Hennessy Automobile Companies. The deal included the operation of 10 automobile dealerships and one collision center in the Atlanta area. The total consideration for the acquisition was approximately $1.3 billion. Funding was secured through a combination of senior notes and cash on hand.
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When Group 1 Automotive changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Hennessy Automobile Companies?
Hennessy Automobile Companies was acquired by Group 1 Automotive, based in Houston. The deal was reported on October 21, 2026. Group 1 owns and operates 188 automotive dealerships, 242 franchises, and 48 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles. Group 1 Automotive is publicly traded (GPI) and operates in Manufacturing.
When did Group 1 Automotive acquire Hennessy Automobile Companies?
Group 1 Automotive's acquisition of Hennessy Automobile Companies was reported on October 21, 2026. On October 19, 2026, Group 1 Automotive, Inc. completed the acquisition of Hennessy Automobile Companies. The deal included the operation of 10 automobile dealerships and one collision center in the Atlanta area. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hennessy Automobile Companies do?
Hennessy Automobile Companies is a family-owned dealership group that has been serving the Atlanta area since 1964. It operates multiple stores representing various automotive brands and prides itself on exceptional customer service. It is privately held, operating in Automotive, and is based in Atlanta.
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