Swickard Auto Group buys 5 California dealerships

Growing Swickard Auto Group, which just entered Southern California in August, increased its presence in the region by buying five dealers on Monday, and will buy three more from the same seller early next year. intend to do something.

Swickard Autos of Las Vegas is owned by Anderson Autos, a subsidiary of Anderson Holdings of Los Angeles, with Acura of Thousand Oaks, Honda of Thousand Oaks, Jaguar Land Rover Thousand Oaks and Mercedes-Benz.・Acquired Of Thousand Oaks and Lexus of Thousand Oaks. George Karolis, president of his Presidio Group, an investment banking and dealer advisory firm in Denver and Atlanta, said: Presidio Group represented Anderson Holdings in this transaction.

Caroris said the remaining three Anderson Autos dealerships, which consist of Cadillac, Chevrolet and Buick GMC stores, will be sold to Swickard Autos in the first quarter of 2023. These three of his dealerships are also located in Thousand His Oaks west of Los Angeles.

JLR, Mercedes-Benz and Lexus dealer names will remain, while other dealers will be renamed Thousand Oaks Swickard Acura and Thousand Oaks Swickard Honda, said Swickard’s deputy business transformation officer. President Greg Gates said. The Mercedes-Benz dealership, which includes the Sprinter franchise, also has his AMG showroom dedicated.

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