Sonic Automotive acquired Porsche Walnut Creek in Walnut Creek, California, from Fletcher Jones Automotive Group on August 25, 2026, in a transaction that also included the dealership’s related real estate. The Presidio Group exclusively advised Fletcher Jones on the sale. The acquisition expands Sonic’s existing California portfolio, which includes several luxury and premium automotive brands, while Fletcher Jones completes its exit from Northern California as part of its broader portfolio strategy.
Deal Details:
Seller: Fletcher Jones Automotive Group
Buyer: Sonic Automotive
Transaction Date: August 25, 2026
Acquired/Rebranded Dealership(s):
- Porsche Walnut Creek (No name change)
Advisor/Facilitator: The Presidio Group, exclusive sell-side advisor
