MD Johnson Inc. Advises Geoff Emery on the Sale of Porsche of Beverly Hills and Santa Monica Audi to Lithia & Driveway (LAD)
Rhea-AI Summary
Lithia & Driveway (NYSE: LAD) announced on November 12, 2025 the acquisition of Porsche Beverly Hills and Santa Monica Audi. The transaction is expected to add nearly $450 million in annual revenues. The two dealerships operate in the affluent West Side Los Angeles luxury market serving Beverly Hills, Santa Monica, Bel Air, Brentwood, Hollywood, Venice, Pacific Palisades, Culver City, and Malibu. MD Johnson Inc. served as exclusive advisor to seller Geoff Emery. Legal counsel for the seller was provided by Cliff Spencer of Ballard Spahr. Company leaders commented on the strategic fit and continuity for customers and employees.
Positive
- Adds nearly $450 million in projected annual revenue
- Acquires two luxury dealerships in West Los Angeles
- Strengthens LAD presence in a top U.S. luxury auto market
Negative
- None.
News Market Reaction – LAD
On the day this news was published, LAD gained 2.13%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Strategic Significance
Located in the affluent West Side of
Mark Johnson stated, "Both the Porsche dealership and Audi dealership are arguably close to, if not the top retailers of Porsche and Audi products in the
Leadership Perspectives
Geoff Emery, President and CEO of the dealerships and a respected industry leader with 34 years of service, expressed confidence in the transition:
"From the outset, Mark Johnson and Bryan DeBoer created a transaction that exceeded every expectation I had. I have complete confidence in Lithia and Bryan's exceptional team to take great care of my customers and my employees. It is Mark Johnson's remarkable expertise and Litha's exceptional team that got this transaction over the finish line".
Bryan DeBoer, CEO of Lithia Motors, commented,
"I have a long, successful relationship with Mark Johnson (MD Johnson Inc.) going back more than 25 years and couldn't be happier with the opportunity brought to us by Mark and his company."
Mark Johnson, President of MD Johnson Inc., stated,
"I am thankful to have had the opportunity to assist and work with my two longtime friends, Bryan and Geoff. The exit plan that was crafted in this transaction creates value for both parties, and given my experience with Bryan, I am very confident that every customer and every employee will enjoy their experience with Lithia.
Advisory and Legal Counsel
Cliff Spencer of Ballard Spahr provided legal representation to the Seller.
About Porsche Beverly Hills and Audi Santa Monica
Almost 36 years ago, the prior owners sought help from a law firm, and Geoff Emery—then a practicing attorney—was assigned to help the owners of the dealership regarding financial matters. Mr. Emery is still working at the dealerships and is now the primary shareholder.
The dealerships were once located on Wilshire Blvd in the heart of
About MD Johnson Inc.
Founded 25 years ago, MD Johnson Inc. is a premier dealership sell-side advisory firm specializing in the valuation and sale of automotive dealerships as well as advising on the disposition of dealership real estate through their wholly owned real property advisory firm, MDJ Realty Inc. With more than
Mark Johnson commented, "Our disciplined approach establishes trust between buyers, sellers, and manufacturers and has resulted in an unmatched track record: every client asset purchase agreement we have submitted to a manufacturer has received factory approval and closed successfully over MD Johnson, Inc.'s 25-year history".
Mark Johnson is the award-winning author of "Buying, Selling and Valuing New Car Dealerships in the Era of AI and Tariffs", a definitive guide to navigating the complex and evolving landscape of franchised dealership sale transactions in an era defined by rapid technological change and global trade challenges.
Learn more at www.mdjohnsoninc.com.
Media Contacts - (702) 497-5480
Mark Johnson, MD Johnson Inc.
Email: mark@mdjohnsoninc.com
Rich Kumar, MD Johnson Inc.
Email: rich@mdjohnsoninc.com
Fred O' Halloran, MD Johnson, Inc.
Email: fred@mdjohnsoninc.com
David Thomas, MD Johnson, Inc.
Email: dthomas@mdjohnsoninc.com
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SOURCE MD JOHNSON, INC.
FAQ
What did Lithia & Driveway (LAD) announce on November 12, 2025 regarding Porsche Beverly Hills and Santa Monica Audi?
How much annual revenue is the LAD acquisition of Porsche Beverly Hills and Santa Monica Audi expected to contribute?
Which markets will LAD expand into with the Porsche Beverly Hills and Santa Monica Audi acquisition?
Who advised Geoff Emery in the sale of Porsche Beverly Hills and Santa Monica Audi to LAD?
Did the seller receive legal representation in the LAD transaction announced November 12, 2025?
What does the acquisition mean for LAD's position in the luxury automotive sector?
