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AutoNation acquires Groove Ford and Groove Mazda

Apr 01, 2025•4 months ago

Acquiring Company

AutoNation

Acquired Company

Groove Ford

Fort LauderdaleEnglewoodCentennialLogisticsAutomotiveTransportationAutomotiveManufacturing

Description

AutoNation has acquired Groove Ford and Groove Mazda, effective March 31, 2025. The dealerships will be rebranded as AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. This acquisition expands AutoNation's footprint in Colorado to 22 dealerships. The move is part of AutoNation's strategy to enhance its market presence.

Company Information

Company

AutoNation

Location

Fort Lauderdale, Florida, United States

About

AutoNation, one of the largest automotive retailers in the United States, offers innovative products, exceptional services, and comprehensive solutions, and empowers its customers to make the best decisions for their needs. With a nationwide network of dealerships strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.

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

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