Charlottesville, in central Virginia, is home to the University of Virginia. Flow Automotive CEO Don Flow is a University of Virginia graduate and played on the football team, according to Triad Business Journal.
“This market is home to me,” Don Flow said in a statement about the acquisition. “Having gone to school at the University of Virginia, this community means so much. With a strong base of operations already here, I’m thrilled to invest even more in Charlottesville and welcome our new team members who are already deeply involved here.”
Flow Automotive also has Audi-Porsche, Volkswagen and Mazda stores in Charlottesville, according to its website.
Flow Automotive, of Winston-Salem, N.C., last made an acquisition when it bought a BMW dealership in Charlottesville from auto retail giant Asbury Automotive Group in September 2021, Eric Flow said.
Umansky Automotive, which bought three dealerships in 2022, has no other Virginia dealerships listed on its website.
“Exiting a dynamic market like Charlottesville is never an easy decision,” Dan Umansky, owner of Umansky Automotive Group, said in a statement. “But what this exit does for Umansky Automotive is allow us to focus on other key markets that better fit into our strategic vision.”
Umansky Automotive, of Memphis, Tenn., purchased the Charlottesville dealerships from Brown Automotive Group in 2017.
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