TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%

Ken Ganley acquires two Lexus dealerships in Northeast Ohio

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By CBT News Editorial Team August 26, 2025
Ken Ganley Automotive Group expanded its luxury portfolio with the acquisition of two Lexus dealerships from Friedkin Group.

Image Source | Lexus of Akron-Canton

Ken Ganley Automotive Group expanded its luxury portfolio with the acquisition of two Lexus dealerships: Metro Lexus in Cleveland and Lexus of Akron-Canton in Akron, Ohio, from Friedkin Group. The purchase, completed on August 25, 2025, represents one of the group’s most significant acquisitions and fulfills a longtime goal for CEO Ken Ganley to operate Lexus stores near the company’s headquarters.

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Deal Details:

Seller: Friedkin Group (Ascent Automotive Group)

Buyer: Ken Ganley Automotive Group

Transaction Date: August 25, 2025

Rebranded Dealerships:

  • Metro Lexus → Lexus of Cleveland
  • Lexus of Akron-Canton → Lexus of Akron-Canton (name retained)

Advisor/Facilitator: Kerrigan Advisors (sell-side advisors)

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