Update: Automotive M&A Update – March, 2024

March, 2024

For 2023, the median transaction value in Automotive was $49 million. For 2023, the strategic buyers accounted for 96% of transactions.

Select recent notable publicly announced M&A transactions:

–Salt Creek Capital II closed its acquisition of Vantage Vehicle International at an undisclosed value in December 2023.

–Penske Automotive Group announced its acquisition of Don Allen Auto Service for $12 million in December 2023.

–Transtar Holding Company closed its acquisition of Arch Auto Parts at an undisclosed value in December 2023.

–Mcgovern Auto Group closed its acquisition of Natick Auto Sales at an undisclosed value in November 2023.

–Evil Empire Designs closed its acquisition of Jade Affiliated for $1 million in October 2023.

 

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