Berman Automotive Group, a Chicago-area family-owned dealership group founded in 1987 by Michael Berman, has acquired Kia of Lincolnwood and Hyundai of Lincolnwood from Leader Automotive Group, the U.S. subsidiary of Canada-based AutoCanada Inc. The back-to-back transactions closed in mid-April 2026 and mark another step in AutoCanada’s ongoing withdrawal from the U.S. retail market. With the Lincolnwood, Illinois, stores, Berman adds two import franchises to a portfolio that already spans Nissan, Subaru, INFINITI, and Chrysler Dodge Jeep Ram rooftops across Illinois and Indiana.
Deal Details:
Seller: Leader Automotive Group (AutoCanada Inc.)
Buyer: Berman Automotive Group
Transaction Date: April 15, 2026
Rebranded Dealerships:
- Kia of Lincolnwood → Berman Kia
- Hyundai of Lincolnwood → Berman Hyundai
Advisor/Facilitator: Haig Partners LLC (Sell-side advisor)
Legal Counsel: Ira Levin of Burke, Warren, MacKay & Serritella, P.C. (for Leader Automotive Group)
