Driving the news: Hennessy Automobile Companies has sold Hennessy Mazda and Hennessy GMC in Morrow, Georgia to ALM Automotive Group, marking the Atlanta family's first dealership sale in its 60-year history, according to deal advisors Kerrigan Advisors.
For context: The transaction expands ALM Automotive Group's footprint in the Atlanta metro, where the company has operated for nearly two decades across Georgia and the Carolinas under owner Khush Bhatia.
The two dealerships sit eight miles south of Hartsfield-Jackson Atlanta International Airport with limited nearby competition.
What they're saying: “Buyer demand remains high for dealerships in the Southern region, with acquirers continuing to focus on local scale and tuck-in acquisitions as discussed in Kerrigan Advisors’ most recent Blue Sky Report,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors.
Erin Kerrigan
“This transaction is a perfect example of that trend, particularly in high-growth suburbs of major metro markets like Atlanta, a market with strong fundamentals and lasting appeal.”
Big picture: GMC leads all domestic brands in 2025 sales growth, and Mazda is the fastest-growing import brand by market share since 2019, making these attractive adds for buyers like ALM looking to scale in high-demand Sun Belt markets.
OUTSMART THE CAR MARKET IN 5 MINUTES A WEEK
No-BS insights, built for car dealers. Free, fast, and trusted by 55,000+ car dealers.
