TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
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GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%

Ken Ganley acquires two Lexus dealerships in Northeast Ohio

By CBT News Editorial Team August 26, 2025
Ken Ganley Automotive Group expanded its luxury portfolio with the acquisition of two Lexus dealerships from Friedkin Group.

Image Source | Lexus of Akron-Canton

Ken Ganley Automotive Group expanded its luxury portfolio with the acquisition of two Lexus dealerships: Metro Lexus in Cleveland and Lexus of Akron-Canton in Akron, Ohio, from Friedkin Group. The purchase, completed on August 25, 2025, represents one of the group’s most significant acquisitions and fulfills a longtime goal for CEO Ken Ganley to operate Lexus stores near the company’s headquarters.

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Deal Details:

Seller: Friedkin Group (Ascent Automotive Group)

Buyer: Ken Ganley Automotive Group

Transaction Date: August 25, 2025

Rebranded Dealerships:

  • Metro Lexus → Lexus of Cleveland
  • Lexus of Akron-Canton → Lexus of Akron-Canton (name retained)

Advisor/Facilitator: Kerrigan Advisors (sell-side advisors)

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