Driving the news: Shottenkirk Automotive Group has acquired Subaru of Jacksonville in Florida from the Porter family, marking the Texas and Iowa-based dealership group's first location in Florida and its first Subaru franchise, according to deal advisor Heritage Capital Group.
For context: The acquisition expands Shottenkirk's footprint to 29 dealership locations across seven states while preserving the Porter family's legacy at the Jacksonville store.
Subaru of Jacksonville was established in August 2000 by Phil Porter Sr. and has operated as a family-owned business for 25 years under his leadership.
The dealership has earned multiple industry honors, including #1 in Customer Satisfaction for Dealership Service by J.D. Power, and #1 in Customer Loyalty by the American Customer Satisfaction Index (ACSI).
Bottom line: Regional dealership groups are aggressively expanding into new markets and brands despite ongoing industry headwinds. For dealers, it shows strong buyer appetite for high-performing stores with proven customer satisfaction metrics.
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