Coleman Automotive Group sells Iowa dealership to Lani Automotive Group
1 report, 1 independent
Updated Oct 23
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What happened
Performance Brokerage Services announced the sale of Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa. Coleman Automotive Group sold the dealership to Lani Automotive Group. Coleman Automotive Group, which was founded by Kyle Coleman in 2024, currently operates six dealerships across Iowa, Indiana, Illinois, and Ohio.
From prnewswire.com
Why it matters
The transaction represents a divestiture of a franchised dealership asset by Coleman Automotive Group. This move is part of the group's ongoing expansion and restructuring across the Midwest, including acquisitions in Illinois.
From prnewswire.com
Who's involved
- Kyle ColemanFounder of Coleman Automotive Group
- IowaLocation of the dealership sale
- IllinoisState where Coleman Automotive Group acquired McGrath Nissan
- IndianaState where Coleman Automotive Group operates dealerships