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Classic Cars, LP's Sale of Classic BMW to Sewell Automotive Cos.

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Insight

Classic Cars, LP's Sale of Classic BMW to Sewell Automotive Cos.

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Less Than 1 Min Read

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Real Estate
Transactions
Mergers & Acquisitions
Private Equity

October 4, 2021

Winston & Strawn LLP represented Classic Cars, LP in its sale of Classic BMW to Sewell Automotive Cos., a private, family-owned and -operated dealership group. The transaction included a BMW dealership franchise and a MINI dealership franchise at the same location in Plano, Texas. Classic BMW has grown to be the largest BMW dealership by footprint in the United States, with a 160,000-sq. ft. building on 24 acres in Plano, Texas. This is the latest in a series of large car dealership transactions closed by Winston & Strawn.

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