Gurley Leep Automotive Family has expanded its Indiana footprint with the acquisition of Hyundai of Noblesville from Penske Automotive Group. The transaction, which closed November 24 with advisory support from The Presidio Group, marks a strategic divestiture for Penske, occurring just over three years after the dealership was first acquired. For Gurley Leep, the purchase aligns with its geographic growth strategy and strengthens its existing regional presence.
Deal Details:
Seller: Penske Automotive Group
Buyer: Gurley Leep Automotive Family
Transaction Date: November 24, 2025
Rebranded Dealerships:
- Hyundai of Noblesville → Hyundai of Noblesville (name retained)
Advisor/Facilitator: The Presidio Group (Sell-side advisor).
