Driving the news: Jackson Automotive Group purchased an Alpharetta, Georgia dealership from Carriage Automotive Group in a deal that closed July 20.
For context: Jackson Automotive purchased Carriage Kia of Alpharetta in the metro Atlanta area of Georgia.
The store was renamed Kia Alpharetta.
Omega Advisors represented the buyers in a deal that Gerrick Wilkins, CEO of Omega, told CDG News was an off-market, targeted acquisition.
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Worth noting: Carriage Automotive owns another Kia dealership in Woodstock, Georgia, that the group plans to keep, according to Wilkins. The dealerships are about 15 miles apart.
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, presented by Presidio.
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