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The Doggett Automotive Group Acquires Mercedes-Benz, Honda, CDJR, VW and Nissan Dealerships Formerly Known as Mike Smith Auto Complex

Feb 07, 2024•over 1 year ago

Acquiring Company

Doggett Automotive Group

Acquired Company

Mike Smith Auto Complex

HoustonBeaumontRetail Motor VehiclesAutomotive

Description

Doggett Automotive Group, known for its exceptional customer experiences and commitment to providing high-quality automotive options, has strategically acquired the Mike Smith Auto Complex in Beaumont, Texas. This acquisition not only bolsters Doggett's automotive presence but also underscores its commitment to delivering a diverse range of high-quality automotive options to its valued customers.

Company Information

Company

Doggett Automotive Group

Location

Houston, Texas, United States

About

Doggett Automotive Group is a family owned business proudly serving Houston, and Beaumont, Texas as well as surrounding areas including Lake Charles, Louisiana. We’re here to make your Ford, Lincoln, Toyota, and Mazda shopping, buying, driving, and ownership experience the very best –the Doggett Difference.

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