America’s Automobile-Mart Buys Texas Dealership | Arkansas Enterprise Information

America’s Automobile-Mart of Rogers mentioned it’s going to purchase Taylor Auto Credit score of Taylor, Texas, in a deal that ought to shut by the tip of the yr.

Phrases of the deal weren’t disclosed. Taylor Auto Credit score was based in 1990 by Keith and Marcia Hagler; it has one location in Taylor based on its web site.

America’s Automobile-Mart CEO Jeff Williams mentioned the corporate was keen to maneuver into the Taylor market, which is simply exterior of Austin. He mentioned America’s Automobile-Mart (Nasdaq: CRMT) would additionally shut on a Knoxville, Tennessee, dealership as a part of its acquisition of Sensible Auto Inc., which was first introduced in December 2021.

“We’re excited to be including the Taylor, Texas space to our footprint and increasing our buyer base in a thriving and rising market,” Williams mentioned. “Taylor Auto Credit score brings a wealthy historical past of serving clients with a gifted staff of associates that we welcome into the Automobile-Mart household. We’re excited for the alternatives to develop our enterprise on this market.

“We’re wanting ahead to attending to know clients and to proceed their nice historical past of ‘conserving them on the street.’ They are going to be a implausible addition to our enterprise and can assist us construct a greater future for the corporate, our associates, and our clients.”