
Team 1 Automotive Inc. has completed the acquire of 27 dealerships from Prime Automotive Team — about a 7 days in advance of its planned date to shut on the mega transaction it declared in September that was expected to expense $880 million. Team 1, of Houston, mentioned the closing to day bundled “substantially all

Primary Automotive Group’s the vast majority operator GPB Funds Holdings agreed to pay back New England vendor and previous Primary CEO David Rosenberg $30 million to settle a lawsuit filed by Rosenberg in 2019, in accordance to a Monday regulatory filing. The settlement arrives inside times of GPB’s prepared sale of Prime dealerships to Team