Lani Automotive Group acquired Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa, from Coleman Automotive Group, giving owners Sam Saghbini and Sean Veilani their first franchised dealership. The dealership will retain its name and continue operating at its current location. Coleman, which purchased the dealership in 2025, is focusing on acquiring larger dealerships in larger markets. Paul Kechnie and Matt Willis of Performance Brokerage Services served as exclusive sell-side advisors.
Deal Details:
Seller: Coleman Automotive Group
Buyer: Lani Automotive Group
Transaction Date: Announced October 22, 2026
Acquired/Rebranded Dealership(s):
- Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram → No change
Advisor/Facilitator: Paul Kechnie and Matt Willis of Performance Brokerage Services (exclusive sell-side advisors)
