Driving the news: Jarryd Carver acquired Audi Gainesville from Warren Henry Auto Group in a deal that closed on February 13.
For context: This marks Carver’s first dealership purchase under his newly formed group, E1T1 Luxury.
It’s also Carver’s first luxury dealership and his first in Florida.
The dealership has a modern building and Gainesville is a rapidly growing area, according to buy-side advisors Haig Partners.
Worth noting: Carver is now the first Black Audi dealer in Florida.
Warren Henry Auto Group exits the north Florida market with the divestiture. The group still owns multiple luxury dealerships in south Florida.
What they’re saying: “This acquisition represents growth aligned with a brand known for innovation, performance and excellence,” Carver said in a release “…We believe strongly in the long-term outlook for Audi, and look forward to investing in the team and the market for years to come.”
Bottom line: Carver found a great opportunity in a growing market while Warren Henry Auto can refocus on its strongest portfolio segments.
You can see this deal announcement and many more throughout the entire year, by visiting the CDG Buy/Sell tracker at CDGbuysell.com powered by:
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