Lithia Raises Regional Profile With Florida, Georgia Acquisitions

Lithia Motors has expanded its footprint in the Southeast with a series of dealership purchases over the past several weeks, adding a total of four franchised stores in Florida and Georgia.
Dave Cantin Group facilitated the sale of three West Palm Beach, Fla.-area dealerships from Ed Napleton Automotive Group: West Palm Beach Hyundai, Napleton’s Palm Beach Acura and Genesis of West Palm Beach.
In a separate transaction, Lithia purchased Stivers Decatur (Ga.) Subaru, located just outside of Atlanta, from Stivers Automotive.
“These high-opportunity stores expand our presence in the growing Southeast region, increasing the density of our omnichannel platform and improving the diversity of our brands. We’re welcoming high-performing teams that will deepen customer relationships and accelerate growth across our ecosystem,” writes Lithia President and CEO Bryan DeBoer in a release announcing the Napleton deal. “These acquisitions reflect our continued focus on strategic growth powered by our disciplined approach to deploying capital and maximizing shareholder return.”




