Click for more.
Acquisitions at a Glance
• Acquired dealerships retailed more than 28,000 new and used units in 2024.
• Acquired dealerships expected to add $1.5 billion in estimated annualized revenue.
• Longo Toyota #1 volume Toyota dealer in the U.S. for 58 consecutive years.
• Longo Lexus #1 volume Lexus dealer in the Western Area of the U.S. for 35 years.
• Lexus Stevens Creek #1 volume Lexus dealer in Northern California for 22 years.
“The purchase price was funded from a combination of existing availability under the Company’s U.S. credit agreement and a note payable to the seller. The transaction closed on November 19, 2025. Further information has been provided in the Company’s Form 8-K filed with the Securities and Exchange Commission on 19 November 2025,” PAG said.
