{"id":19964,"date":"2021-09-16T10:26:52","date_gmt":"2021-09-16T15:26:52","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19964"},"modified":"2022-05-17T14:09:14","modified_gmt":"2022-05-17T19:09:14","slug":"gpb-capital-sell-prime-auto-group-dealerships","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/gpb-capital-sell-prime-auto-group-dealerships\/","title":{"rendered":"GPB Capital Sells Prime Automotive Group Dealerships for $880M"},"content":{"rendered":"

GPB Sells Remaining Prime Automotive Group Dealerships to Group 1 Automotive<\/span><\/h2>\n

According to a regulatory filing submitted on September 13th, 2021, the private equity firm is <\/span>selling all of its Prime Automotive car dealerships<\/span> to Group 1 Automotive Inc. for $880M. The sale includes GPB Automotive Portfolio\u2019s remaining 30 stores and three collision repair shops.\u00a0<\/span><\/p>\n

GPB Auto is one of the alternative asset firm\u2019s largest funds, and it has been selling car dealerships since at least 2018 when it owned 52 of them. It is one of the largest GPB funds and has reported huge losses.\u00a0<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

GPB Sells Remaining Prime Automotive Group Dealerships to Group 1 Automotive According to a regulatory filing submitted on September 13th, 2021, the private equity firm is selling all of its Prime Automotive car dealerships to Group 1 Automotive Inc. for $880M. The sale includes GPB Automotive Portfolio\u2019s remaining 30 stores and three collision repair shops.\u00a0 […]<\/p>\n","protected":false},"author":2,"featured_media":19965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4102],"tags":[4314,3188,4617],"class_list":["post-19964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gpb-capital","tag-finra-arbitration","tag-gpb-capital-holdings","tag-hightower-securities"],"yoast_head":"\nGPB Capital Sells Remaining Prime Automotive Group Dealerships<\/title>\n<meta name=\"description\" content=\"In the latest GPB Capital news, the firm has sold its remaining Prime Automotive Group dealerships to Group 1 Automotive.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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