Nick Saban's Dream Motor Group Buys Montgomery Dealerships

Dream Motor Group, co-founded by Nick Saban and Joe Agresti, acquires Toyota of Montgomery and Lexus of Montgomery for $151 million, marking a significant expansion for the group. This deal, facilitated by Pinnacle Mergers and Acquisitions, highlights a growing trend of high-profile figures investing in the automotive retail sector. The acquisition is the tenth successful deal between Pinnacle and Sutherlin Automotive Group, with Sutherlin expressing pride in his teams performance and operational transformation efforts. Sims praised Sutherlins team for their clear strategies, ensuring sustained success under Dream Motor Groups new ownership. Sutherlin hinted at further acquisitions, suggesting ongoing activity and growth within the automotive dealership market. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.