Group 1 Automotive, Inc., a leading automotive retailer, has agreed to acquire Hennessy Auto Group's dealerships in the Atlanta market. The acquisition, announced on July 30, 2026, includes multiple franchises such as Audi, Porsche, Volkswagen, and Hyundai, according to a press release from Group 1.
The deal advances Group 1's proven cluster strategy, which focuses on consolidating dealerships in key metropolitan areas to improve operational efficiency and customer service. Financial terms were not disclosed, but the acquisition is expected to close in the third quarter of 2026, pending regulatory approvals.
Hennessy Auto Group, a family-owned business, has operated in Atlanta for decades. The acquisition will add approximately $500 million in annual revenues to Group 1, based on the dealerships' recent performance. Group 1 currently operates over 200 dealerships across the United States and United Kingdom.
