Rising Keating Auto Group acquired 4 dealerships over the previous week and a half because it continues to broaden its Texas-only footprint.
Keating Auto, of Victoria, Texas, on Nov. 29 purchased Tom Mild Chevrolet in Bryan, Texas, from brothers Tim Mild and Tom Mild, mentioned Ben Keating, the dealership group’s proprietor.
Phrases weren’t disclosed, however the dealership was renamed Aggieland Chevrolet. Bryan is close to Faculty Station, dwelling to the Texas A&M College Aggies.
On Monday, Keating Auto purchased Automax Ford, Automax Volkswagen and Automax Hyundai-Genesis, all in Killeen, from husband and spouse Bradley Whitis and A.G. Whitis.
The shops have been renamed Killeen Ford, Killeen Volkswagen and Killeen Hyundai-Genesis. Killeen, which is north of Austin, is close to the U.S. Military base Fort Hood.
The acquisition marks a return to the Volkswagen model for the Keating group, Keating famous.
Invoice Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions, a Frisco, Texas, buy-sell agency, represented the sellers within the Automax transaction.
Keating Auto, which purchased three dealerships within the Houston market final month, now has 27 rooftops.