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Lani Automotive buys Mount Pleasant dealership

PRIVATEOct 23, 2026

Acquiring Company

Lani Automotive Group

Acquired Company

Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram

IowaIowaAutomotiveAutomotive

Description

Lani Automotive Group has acquired Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa, from Coleman Automotive Group. Performance Brokerage Services served as exclusive sell-side advisor on the transaction, with Matt Willis and Paul Kechnie representing the seller. The deal marks Lani's entry into franchised dealership ownership.

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Company Information

Company

Lani Automotive Group

Location

Iowa, United States

About

Lani Automotive Group is an automotive dealership group led by Sam Saghbini and Sean Veilani. It acquired Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa, marking its first franchised dealership purchase.

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Frequently asked

Who acquired Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram?

Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram was acquired by Lani Automotive Group, based in Iowa. The deal was reported on October 23, 2026. Lani Automotive Group is an automotive dealership group led by Sam Saghbini and Sean Veilani. Lani Automotive Group is privately held and operates in Automotive.

When did Lani Automotive Group acquire Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram?

Lani Automotive Group's acquisition of Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram was reported on October 23, 2026. Lani Automotive Group has acquired Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa, from Coleman Automotive Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram do?

Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram is a multi-brand franchised automotive dealership in Mount Pleasant, Iowa. It was previously owned by Coleman Automotive Group, which acquired it in 2025. It is privately held, operating in Automotive, and is based in Iowa.

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