ASBURY AUTOMOTIVE GROUP INC (ABG): M&A transaction — Asbury Automotive files Herb Chambers financials; Q1 revenue $786M

ASBURY AUTOMOTIVE GROUP INC

Herb Chambers total assets $1.08B as of March 31, 2025; net income $7.2M for Q1.
Q1 2025 revenue $786.4M, gross profit $129.3M; service/parts and F&I combined gross profit $78.8M.
Audited financials for YE 2024 and 2023 also filed; pro forma combined statements included.
Deal completed July 21, 2025, acquiring substantially all assets of Herb Chambers dealerships in New England.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ASBURY AUTOMOTIVE GROUP INC completed an acquisition involving The Herb Chambers Companies (closed 2025-07-21).

Action: acquisition
Counterparty: The Herb Chambers Companies
Closing: 2025-07-21

Exact text from the filing

On July 21, 2025, Asbury Automotive Group, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) with the Securities and Exchange Commission (the “SEC”) to report the completion of the acquisition by Asbury Automotive Group, LLC (“Purchaser”), a Delaware limited liability company and a wholly-owned subsidiary of the Company, of substantially all of the assets, including real property and businesses of The Herb Chambers Companies, pursuant to a Purchase and Sale Agreement with various entities that comprise the Herb Chambers automotive dealerships group.

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5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

ASBURY AUTOMOTIVE GROUP INC filing history →

Source: SEC EDGAR

accession 0001104659-25-071383

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