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AutoNation acquires Jerry’s Toyota, terms not disclosed

Dave Cantin Group, a mergers and acquisitions advisory company to retail automotive groups and their owners, announced that AutoNation (AN) has acquired Jerry’s Toyota, a Toyota dealership serving the Mid-Atlantic. “DCG represented the seller as part of a structured succession plan designed to transition the business while preserving customer continuity, employee opportunity and the legacy the family built,” Dave Cantin Group stated. Terms of the transaction were not disclosed.

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