Reviewed by: Caleb Turrentine
Nick Saban’s Dream Motor Group buys Montgomery dealerships
Reading time: 1 minute
Dream Motor Group, led by legendary coach Nick Saban and automotive executive Joe Agresti has purchased Toyota of Montgomery and Lexus of Montgomery in Montgomery, Alabama.
The sale was announced by Pinnacle Mergers & Acquisitions, a leading national automotive buy-sell advisory firm. The transaction is valued at $151 million.
“Toyota of Montgomery and Lexus of Montgomery are high-performing assets in a strategically important market.”
Mike Sims, President of Pinnacle Mergers & Acquisitions
(Pinnacle Mergers & Acquisitions)
Dream Motor Group now operates 10 luxury-vehicle dealership locations in Alabama, Florida, Louisiana, Tennessee and Texas. The Group owns three Birmingham-area dealerships — Mercedes-Benz of Irondale, Mercedes-Benz of Birmingham-Hoover and Infiniti of Birmingham.
To stay updated on Alabama news, sign up for our FREE newsletter and follow us on Facebook, LinkedIn & Instagram.
