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Holand Automotive Group acquires part of John Scotti Leasing

PRIVATEAug 03, 20266 days ago

Acquiring Company

Holand Automotive Group

Acquired Company

John Scotti Leasing

Mont-RoyalCanadaAutomotiveAutomotive

Description

Holand Automotive Group has completed the strategic acquisition of a select portion of John Scotti Leasing Inc.'s portfolio through receivership. The acquisition focuses on assets aligned with Holand's ultra-luxury business model, enhancing their existing leasing platform. Holand aims to provide continuity and flexibility to the clients transitioning to their services.

Company Information

Company

Holand Automotive Group

Location

Mont-Royal, Quebec, Canada

About

Holand Automotive Group is one of Canada's leading luxury automotive retailers, owning and operating multiple premium and ultra-luxury franchises in Canada and across the US. In addition to dealership ownership, the group also specializes in leasing vehicles of all makes and models through its Holand Leasing division. The Group has also ventured into the motorsports industry with the acquisition of the Circuit Mont-Tremblant racetrack, turning it into an elite motorsports destination.

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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

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