The Khoury Group has acquired Waco Mitsubishi in Waco, Texas, from Levi Douglass of Douglass Automotive Group. The transaction closed on April 30, 2026, and the store will continue operating as Waco Mitsubishi under its new ownership. The deal marks the Khoury Group’s entry into the Waco market. Pinnacle Mergers & Acquisitions served as exclusive sell-side advisor to Douglass Automotive Group, its first completed transaction with the seller and its fourth deal advising the Khoury Group.
Deal Details:
Seller: Douglass Automotive Group (Levi Douglass)
Buyer: Khoury Group (Nick Khoury)
Transaction Date: April 30, 2026
Rebranded Dealerships:
- Waco Mitsubishi → Waco Mitsubishi (name retained)
Advisor/Facilitator: Pinnacle Mergers & Acquisitions (sell-side advisor).
