logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Jones Motor Company acquires Foundation Automotive dealerships

Jul 09, 2025•5 months ago

Acquiring Company

Jones Motor Company

Acquired Company

Foundation Automotive

SavannahHoustonAutomotiveAutomotiveRetail

Description

Performance Brokerage Services facilitated the sale of four automotive dealerships from Foundation Automotive Corp to Jones Motor Company in Tennessee. The dealerships included Jones Chevrolet Humboldt, Jones Nissan of Savannah, Jones GMC of Savannah, and Jones Chrysler Dodge Jeep Ram of Savannah. This acquisition allows Foundation Automotive to focus on its core group of car stores. The transaction highlights the ongoing trends in dealership buy-sell activities across the region.

Company Information

Company

Jones Motor Company

Location

Savannah, Georgia, United States

About

Jones Motor Company, established in 1960, is a trusted family-owned business proudly serving communities across Tennessee. Operating five locations in Savannah and Humboldt, the company represents a diverse range of automotive brands. With a strong emphasis on exceptional customer service and community engagement, Jones Motor Company has built a longstanding reputation for reliability and integrity in the automotive industry.

Related People

Sign in to view contact details

Sign in to view contact details

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