Three Priority 1 stores were renamed: AutoNation Acura Hunt Valley, AutoNation Cadillac Hunt Valley and Mini of Towson. The other six — Audi Ownings Mills, BMW of Bel Air, BMW of Rockville, BMW of Towson, Jaguar-Land Rover Hunt Valley and Porsche Towson — retain their names.
Kerrigan Advisors, a sell-side firm in Irvine, Calif., represented Priority 1 in the transaction.
AutoNation, of Fort Lauderdale, Fla., ranks No. 1 on Automotive News‘ list of the top 150 dealership groups based in the U.S., retailing 249,654 new vehicles in 2020.