Karl Auto, Continental Automotive Group and Vanguard Automotive Group purchase dealerships

Continental Automotive grows in Texas
Continental Automotive Group of Austin, Texas, expanded its holdings within the Lone Star state final 12 months with an acquisition of a home dealership in Dallas.

Continental Automotive on July 1 purchased Forest Lane Chrysler-Dodge-Jeep-Ram, in keeping with Genny Hardeman Hill, one of many dealership group’s house owners.

The sellers have been Leo Griggs and Luis Perez, in keeping with Hicks Administration & Consulting Group Inc. of Arlington, Texas, a dealership brokerage agency which represented the sellers within the transaction.

Continental Automotive has seven Texas dealerships, with areas in Austin, San Juan and Dallas, according to its website.

Vanguard Automotive provides new model in Texas
Vanguard Automotive Group in Texas added a Ford dealership to its portfolio late final 12 months when it purchased Dewey Moore Ford in Hughes Springs, Texas.

The group on Dec. 1 purchased the dealerships from the Moore household and Rick Nelson, in keeping with Hicks Administration & Consulting Group, which represented the sellers within the transaction.

The dealership was renamed Vanguard Ford.

Vanguard Automotive additionally has Vanguard Kia of Arlington and Vanguard Buick-GMC of Carrollton in its portfolio, according to its website.