 |
|
 |
 |

Home > Company Index > Specialty Retail > Auto Dealers & Distributors > Asbury Automotive Group, Inc.
 |
Asbury Automotive Group, Inc. |
 |
 |
 |
NEWS FROM THE STANDARD |
 |
Amazon to Put New-Car Service Into Gear
Aug 23 2000 12:37 PM PDT
PROFILE |
 |
Asbury Automotive Group, the largest privately-owned dealership group in the US, is about to go public. The company, which has grown through acquisitions, sells about 30 auto brands through nine major dealership groups (about 90 locations) in Arkansas, Florida, Georgia, Mississippi, Missouri, North Carolina, Oregon, Texas, and Virginia. Asbury Automotive sells more than 150,000 new and used cars annually. The company's strategy is to buy majority interests in multi-location dealerships with at least $150 million in annual sales, transforming each into a joint venture. Investment firms Ripplewood Holdings and Freeman Spogli & Co. own Asbury Automotive. The company announced plans to go public in July 2001.
COMPETITION |
 |
AutoNation, Inc. (AN)
Hendrick Automotive Group (dossier)
VT Inc. (dossier)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 4,589.20
1-Yr. Sales Growth: 14.7%
Employees: 7,030
Revenue per employee: $652,802.28
KEY PEOPLE |
 |
Brian E. Kendrick
CEO
Thomas F. Gilman
CFO
CONTACT INFO |
 |
3 Landmark Sq., Ste. 500
Stamford, CT 06901
US
Phone: 203-356-4400
Fax: 203-356-4450
Online: Web Site
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |