Berkshire Hathaway acquired Van Tuyl Group (renamed Berkshire Hathaway Automotive) for Not disclosed in SEC filings, a transaction completed in March 2015, structured as all cash.
Van Tuyl Group (renamed Berkshire Hathaway Automotive) operates in Retail / automotive dealerships. In the first quarter of 2015 Berkshire acquired the Van Tuyl Group, then the largest privately owned auto-dealership group in the United States, and renamed it Berkshire Hathaway Automotive. The business included 81 automotive dealerships, two related insurance operations, two auto auctions and a distributor of automotive fluid-maintenance products.
Scale platform for consolidating a fragmented auto-retail industry.
In the first quarter of 2015, we acquired the Van Tuyl Group (now named Berkshire Hathaway Automotive), which included 81 automotive dealerships and two related insurance businesses, two auto auctions and a distributor of automotive fluid maintenance products.Berkshire Hathaway FY2016 10-K, Business description
Advisory firms were not disclosed for this transaction.