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Don Franklin Auto Group acquires Martin Kia

Apr 18, 20254 months ago

Acquiring Company

Don Franklin Auto Group

Acquired Company

Martin Kia

SomersetBowling GreenAutomotiveAutomotive

Description

Performance Brokerage Services announces that Don Franklin Auto Group has purchased Martin Kia from Martin Management Group. The acquisition was facilitated by Performance Brokerage Services, the leading dealership brokerage firm in North America. Martin Kia will be renamed Don Franklin Bowling Green Kia. This move allows Don Franklin Auto Group to expand its presence in Bowling Green, Kentucky.

Company Information

Company

Don Franklin Auto Group

Location

Somerset, Kentucky, United States

About

Don Franklin Auto Group began in 1968 when Don Franklin, a self-taught mechanic, opened a dealership. The company has grown into a network of over 25 dealerships across Kentucky. It is dedicated to providing quality automotive services while supporting the local community. The group employs more than 1,000 people in Kentucky.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed