Group 1 Automotive has signed a definitive agreement to acquire Hennessy Automobile Companies, adding 10 luxury and import dealerships in metro Atlanta. The deal, expected to close by the end of 2026, will make Atlanta the company’s second-largest market by revenue.
Deal Details:
Seller: Hennessy Automobile Companies (Hennessy family)
Buyer: Group 1 Automotive
Transaction Date: Expected to close by year-end 2026 (definitive agreement announced July 30, 2026)
Acquired/Rebranded Dealership(s):
- Hennessy Lexus Atlanta → Rebranding not disclosed
- Hennessy Lexus Gwinnett → Rebranding not disclosed
- Hennessy Porsche North Atlanta → Rebranding not disclosed
- Hennessy Jaguar Land Rover North Atlanta → Rebranding not disclosed
- Plus six additional Hennessy dealerships (individual dealership names/rebranding not disclosed)
Advisor/Facilitator:
- Buyer: J.P. Morgan Securities LLC (exclusive financial advisor)
- Seller: Kerrigan Advisors (transaction advisor)
Legal Counsel:
- Buyer: Hill Ward Henderson and Vinson & Elkins LLP
- Seller: Holland & Knight
