Chesrown Automotive Acquires Sidney Dealerships
Deal News | Jun 16, 2025 | Globenewswire
Chesrown Automotive has expanded its operations by acquiring three car dealerships in Sidney, Ohio, previously owned by Germain Motor Company. The acquisition, completed on June 3, 2025, includes Germain Chevrolet-GMC, Germain Ford, and Germain Chrysler Dodge Jeep Ram. These dealerships have been rebranded under the Chesrown name, extending the company's reach into the Sidney, Troy, and Dayton areas. The Germain Motor Company chose to sell these locations to focus on other market expansions. Chesrown's acquisition marks a significant milestone for the company, which operates several other outlets in Ohio. The transaction was facilitated by Chris Infantino of the Tim Lamb Group, marking a smooth transition between the Germain and Gill families.
Sectors
- Automotive Dealerships
- Mergers & Acquisitions
Geography
- United States – The transaction involves companies and dealerships located within the United States, particularly in Ohio.
- Ohio – Sidney, Ohio, is the specific location of the acquired dealerships, and the article also mentions operations throughout Ohio.
Industry
- Automotive Dealerships – The article revolves around the acquisition of automotive dealerships, highlighting a major transaction within the automotive retail sector.
- Mergers & Acquisitions – This classification is relevant due to the transaction involving the acquisition of three dealerships by Chesrown Automotive.
Financials
- Not disclosed – The financial terms of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chesrown Automotive | Acquiring Company | Company | Chesrown Automotive is the acquiring company, expanding its dealership operations into Sidney, Ohio. |
| Germain Motor Company | Selling Company | Company | Former owner of the three Sidney dealerships and selling party in the transaction. |
| Tim Lamb Group | Broker | Company | Largest auto dealership sales and acquisitions firm in North America, brokered the transaction. |
| Chris Infantino | Broker | Person | Director at the Tim Lamb Group who facilitated the sale. |
| Jim Gill | New Owner/Operator | Person | Owner and operator of Chesrown Automotive overseeing the expansion. |