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McGovern Automotive Group acquires Mercedes-Benz of Little Silver, expanding its luxury automotive portfolio

PRIVATESep 18, 2024

Acquiring Company

McGovern Auto Group

Acquired Company

Mercedes-Benz of Little Silver

Little SilverManufacturingAutomotiveRetail

Description

McGovern Automotive Group (MAG) has announced the addition of Mercedes-Benz of Little Silver to its portfolio, marking the company's 31st dealership and its first in New Jersey. The acquisition expands MAG's luxury vehicle portfolio and solidifies its presence in the Northeast's luxury automotive market.

Quick answer

McGovern Auto Group is acquiring Mercedes-Benz of Little Silver, announced September 18, 2024.

How much did McGovern Auto Group pay for Mercedes-Benz of Little Silver?
The deal value was not disclosed.
What does McGovern Auto Group do?
McGovern Automotive Group (MAG) is a leading automotive retailer with a strong presence in the luxury automotive market.
Where are McGovern Auto Group and Mercedes-Benz of Little Silver based?
Mercedes-Benz of Little Silver is based in Little Silver, New Jersey, United States.
Who are the decision-makers at McGovern Auto Group?
Fundz holds 1 contact at McGovern Auto Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

McGovern Auto Group

About

McGovern Automotive Group (MAG) is a leading automotive retailer with a strong presence in the luxury automotive market. With the addition of Mercedes-Benz of Little Silver, MAG now operates 31 dealerships, including the first one in New Jersey. The group is committed to providing unmatched vehicle selection and customer service across all its locations.

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Frequently asked

Who acquired Mercedes-Benz of Little Silver?

Mercedes-Benz of Little Silver was acquired by McGovern Auto Group. The deal was reported on September 18, 2024. McGovern Automotive Group (MAG) is a leading automotive retailer with a strong presence in the luxury automotive market. McGovern Auto Group is privately held and operates in Manufacturing.

When did McGovern Auto Group acquire Mercedes-Benz of Little Silver?

McGovern Auto Group's acquisition of Mercedes-Benz of Little Silver was reported on September 18, 2024. McGovern Automotive Group (MAG) has announced the addition of Mercedes-Benz of Little Silver to its portfolio, marking the company's 31st dealership and its first in New Jersey. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mercedes-Benz of Little Silver do?

Mercedes-Benz of Little Silver, formerly known as Contemporary Motor Cars Mercedes-Benz, is now part of McGovern Automotive Group. It is privately held, operating in Retail, and is based in Little Silver.

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