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Date: 2/9/2021
Subject: Triunity Automotive Buys Pendragon JLR Dealership
From: Mark Mayuga, JOCLA President



Triunity Automotive Buys Pendragon JLR Dealership

Triunity Automotive Group has bought Hornburg Jaguar-Land Rover in West Hollywood, Calif., from Pendragon, a public dealership group within the United Kingdom that is selling its U.S. portfolio.
 
The acquisition, which was announced in September and closed Jan. 29, is the second franchised dealership for Triunity, of Fresno, Calif. It additionally owns Mercedes-Benz of Fresno and a truck fleet service middle, additionally in Fresno.
 
“The Hornburg store is a heritage dealership with a 70-plus year history in Los Angeles and we intend on making a little history of our own,” Triunity CEO and seller principal Scott Biehl mentioned in an announcement.
 
The dealership, which operates from separate gross sales and repair buildings, has been renamed Jaguar-Land Rover Los Angeles. Triunity mentioned the shop will relocate to a 100,000-square-foot location in Los Angeles as early as subsequent month. The new operation will deliver gross sales and repair collectively into one facility.
 
“With those 70 years have come some outdated facilities and, honestly, untapped potential to serve a JLR customer who expects a lot,” Biehl mentioned within the assertion.
 
Pendragon made about $22.3 million on the sale. It additionally has a deal to sell its Jaguar-Land Rover store in Santa Monica, Calif., to Redwood Automotive.
 
National Business Brokers dealt with the transaction for Triunity and Pendragon.
 
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