Driving the News
Scott Gruwell, CEO of Courtesy Automotive Group, has expanded his business by purchasing two dealerships, with the deal officially closing on August 31.
For Context
Courtesy Automotive has acquired Watson Chevrolet and Infiniti of Tucson, both located in Tucson, Arizona.
Key Details
- Sellers: The names of the sellers were not disclosed.
- Previous Ownership: Social media suggests the Watson family owned the dealerships prior to this transaction.
- New Names: The dealerships have been renamed to Courtesy Chevrolet of Tucson and Courtesy Infiniti of Tucson.
- Representation: The transaction was represented by Pinnacle Mergers & Acquisitions.
What They’re Saying
Gruwell expressed enthusiasm about the acquisition: “We’re excited to welcome these Chevrolet and Infiniti dealerships to the Courtesy family and expand our presence in Tucson.”
Stay Updated
For more information on this deal and others, you can visit the CDG Buy/Sell tracker, presented by Presidio.
