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Carvana acquires Jerry Seiner dealership in Arizona

Mar 01, 2025•10 months ago

Acquiring Company

Carvana

Acquired Company

Jerry Seiner Chrysler-Dodge-Jeep-Ram

TempeCasa GrandeAutomotiveRetailE CommerceAutomotive

Description

Carvana has acquired the Jerry Seiner Chrysler-Dodge-Jeep-Ram dealership in Casa Grande, Arizona. This acquisition marks a significant shift for the online used car retailer as it enters the new-vehicle sales market. The dealership will be rebranded and is set to reopen on March 3. The move reflects Carvana's strategic aim to expand its business model and explore new opportunities.

Company Information

Company

Carvana

Location

Tempe, Arizona, United States

About

Carvana is an industry pioneer for buying and selling used cars online, operating in over 300 U.S. markets. The company offers a vertically integrated platform that provides customers with the convenience of home delivery or local pick up. Carvana's mission is to change the way people buy and sell cars, revolutionizing automotive retail and delivering a fun, fast, and fair customer experience.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed