Group 1 Automotive Expands Presence in Southeastern US with Mercedes-Benz Dealership Acquisition

Group 1 Automotive acquired Mercedes-Benz of Buckhead in Atlanta for $210 million in annual revenues. This expands their presence in the Southeastern US to 29 dealerships and adds to their portfolio of 33 Mercedes-Benz dealerships in the US and UK. The acquisition aligns with Group 1's strategy of investing in high-performing dealerships and boosts their annual revenues to $640 million.

Group 1 Automotive, Inc. (NYSE: GPI) has expanded its luxury brand portfolio with the acquisition of Mercedes-Benz of Buckhead in Atlanta. The deal, announced on August 4, 2025, is expected to generate $210 million in annual revenues. This acquisition aligns with Group 1's strategy of investing in high-performing dealerships and further strengthens its presence in the Southeastern United States [1].

Mercedes-Benz of Buckhead is a top-tier luxury automobile dealership located in Atlanta, Georgia. The acquisition brings the total number of Mercedes-Benz dealerships owned by Group 1 to 33, with 29 dealerships now in the Southeastern U.S. The dealership is situated near Mercedes-Benz USA’s headquarters campus, which underscores the strategic importance of the acquisition [2].

"This acquisition is a significant milestone for Group 1 as it expands our footprint in the Atlanta market," said Group 1 President and CEO Daryl Kenningham. "Mercedes-Benz of Buckhead is a high-performing dealership that fits well with our portfolio, and we are excited to welcome its team to the Group 1 family."

The acquisition follows Group 1's strong performance in 2024, where it achieved $3.9 billion in acquired revenues. With the addition of Mercedes-Benz of Buckhead, Group 1's annual revenues are now projected to reach $640 million in 2025. The dealership is expected to contribute significantly to Group 1's overall revenue growth [1].

The transaction was advised by The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions in the automotive retail and consumer mobility sectors. The Presidio team's expertise in dealership M&A was crucial in facilitating a smooth process for the acquisition [2].

Group 1 Automotive, Inc. is a Fortune 300 company headquartered in Houston, Texas. It owns and operates 258 automotive dealerships, 322 franchises, and 39 collision centers in the United States and United Kingdom, offering 36 brands of automobiles. The company provides a range of services, including the sale of new and used cars, vehicle financing, service contracts, automotive maintenance, repair services, and vehicle parts [2].

References:
[1] https://www.group1corp.com/2025-08-04-Group-1-Automotive-Acquires-High-Volume-Luxury-Brand-Dealership
[2] https://www.stocktitan.net/news/GPI/the-presidio-group-exclusively-advises-group-1-automotive-on-the-55pb9zvl7alz.html