Experts have said the auto industry continues to see growth through the pandemic and Carlock Automotive Group is proving them right with their latest announcement of expansion. The group announced its acquisition of three new dealerships in Tennessee earlier this fall, and today we’re talking with the group’s Chief Operating Officer Joe Seppa to find out more.
Volkswagen North Nashville in Madison, Mitsubishi in Madison, and Volkswagen Cool Springs in Franklin are the latest stores to join the Carlock family dealer group. All three locations were previously owned by Hallmark Automotive and the deal was finalized on Aug. 14.
According to Seppa, this acquisition was in the works long before the COVID-19 outbreak in the United States. Like many others, they had to adjust their business practices to navigate this unfamiliar terrain. However, the pandemic did not deter them from their planned M&A activity.
Carlock Automotive Group was founded in 1967, and now owns 11 rooftops in Tennessee, Mississippi, and Alabama, representing 22 franchises in total.
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