Group 1 Automotive has signed a definitive agreement to acquire Hennessy Automobile Companies, adding 10 luxury and import dealerships in metro Atlanta. Kerrigan Advisors represented Hennessy Automobile Companies in the sale, marking the third-largest transaction in automotive retail history by blue sky value. The deal, which closed Oct. 19, 2026, includes 10 dealerships across Metro Atlanta representing Lexus, Porsche, Jaguar Land Rover, Honda, Cadillac, Ford and Lincoln. Valued at approximately $1.3 billion, including real estate and operating assets, the acquisition expands Group 1’s Atlanta presence to 15 dealerships and transfers a 62-year family legacy to one of the industry’s largest automotive retailers.
Deal Details:
Seller: Hennessy Automobile Companies (Hennessy family)
Buyer: Group 1 Automotive
Transaction Date: October 19, 2026 (definitive agreement announced July 30, 2026)
Acquired/Rebranded Dealership(s):
- Porsche North Atlanta → Rebranding not disclosed
- Porsche Atlanta Northwest → Rebranding not disclosed
- Lexus of Atlanta → Rebranding not disclosed
- Lexus of Gwinnett → Rebranding not disclosed
- JLR Buckhead → Rebranding not disclosed
- Land Rover North Atlanta → Rebranding not disclosed
- Land Rover Gwinnett → Rebranding not disclosed
- Honda of Woodstock → Rebranding not disclosed
- Hennessy Cadillac → Rebranding not disclosed
- Hennessy Ford Lincoln → Rebranding not disclosed
Advisor/Facilitator: Kerrigan Advisors (Ryan Kerrigan, Managing Director, and Erin Kerrigan, Founder and Managing Director)
Legal Counsel: Holland & Knight (Hennessy Automobile Companies); Hill Ward Henderson and Vinson & Elkins LLP (Group 1 Automotive)
Financial Advisor: J.P. Morgan Securities LLC (Group 1 Automotive)
Editor’s note: This article has been updated to reflect the transaction’s Oct. 19 closing details.
