Automotive Acquisitions in Indiana
Indiana Auto Deals Across Verticals
Automotive acquisitions in Indiana span multiple parts of the value chain—from dealerships and RV retail to aftermarket parts, product lines, and specialized vehicle services. The deals on this page show how acquirers are building (or extending) market reach while adding capabilities across sales, service, and supplier ecosystems.
In 2026 and 2025, the Indiana theme leans toward expanding branded retail and adjacent RV segments. Examples include Alliance RV, LLC acquiring Midwest Automotive Designs in Elkhart to move further into motorized recreational-vehicle conversions, and Matt Bowers Automotive Group purchasing Bill Estes Chrysler Dodge Jeep Ram in Brownsburg as its first Indiana location.
Other transactions highlight operational scale and technology enablement. Fun Town RV acquired Edmundson RV in Edinburgh (retaining the location and renaming it), Tsunami Express acquired Pride's Express in Goshen, and manufacturers and suppliers such as Moser Engineering and Auveco added aftermarket and collision/PBE-oriented product and technology capabilities in Indiana.
What Stands Out
- Dealership and RV retail expansion shows up repeatedly, with buyers growing franchise footprints or adding motorized RV conversion offerings in Indiana.
- Aftermarket and parts integration appears in acquisitions like Moser Engineering acquiring GearFX Driveline assets from Holley and DexKo Global expanding wheel/tire product coverage via HiSpec Wheel & Tire.
- Collision & equipment distribution is reflected in Auveco’s acquisition of ClipLizard Systems, which adds specialty clips/fasteners and licensed inventory management software.
- Vehicle services and marketing/automation show through the express car wash deals, including Tsunami Express acquiring Pride's Express.
- Business services for dealers (F&I) are represented by Amynta Group acquiring Pivotal Solutions, a Fishers-based provider of F&I solutions and dealer training.
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February 10, 2026
- Buyer
- Alliance RV, LLC
- Target
- Midwest Automotive Designs
- Seller
- Terex Corporation, REV Group, Inc.
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Divestiture
Alliance RV, LLC has acquired Midwest Automotive Designs from Terex Corporation (previously part of REV Group). The transaction transfers the Elkhart-based luxury B‑van and motorhome conversion business to Alliance RV as the buyer expands into the motorized recreational-vehicle segment.
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February 2, 2026
- Buyer
- Matt Bowers Automotive Group
- Target
- Bill Estes Chrysler Dodge Jeep Ram
- Seller
- Asbury Automotive Group
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Matt Bowers Automotive Group acquired Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana from Asbury Automotive Group, closing on February 2, 2026. The acquisition is Matt Bowers Automotive Group's first Indiana location and expands its Chrysler Dodge Jeep Ram franchise footprint while bringing the dealership into operation as Indy Chrysler Dodge Jeep Ram.
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July 31, 2025
- Buyer
- Fun Town RV
- Target
- Edmundson RV
- Seller
- Chris Edmundson, Jeanie Edmundson
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Fun Town RV has acquired Edmundson RV in Edinburgh, Indiana from founders Chris and Jeanie Edmundson. The dealership — a 75,000 sq ft facility with a 32-bay service department on 12 developed acres — will be renamed Fun Town RV Indianapolis and remain at its current location.
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- Buyer
- Moser Engineering
- Target
- GearFX Driveline
- Seller
- Holley Performance Brands
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Divestiture
Moser Engineering has acquired the GearFX Driveline product line and related assets from Holley Performance Brands; production and assets will be relocated to Moser Engineering’s facilities in Portland, Indiana. The acquisition expands Moser’s aftermarket driveline product offering and secures continued U.S. production of GearFX 9‑inch housing centers.
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November 28, 2023
- Buyer
- Auveco
- Target
- ClipLizard Systems
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Auveco, a leading provider of automotive fasteners and body hardware, has acquired ClipLizard Systems, a Spencer, Indiana–based supplier of specialty clips, fasteners and a licensed inventory management software for PBE distributors. The acquisition, completed November 1, 2023, expands Auveco’s presence in the Collision and Paint, Body, and Equipment (PBE) markets and adds new product and technology capabilities for its distribution partners.
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November 7, 2023
- Buyer
- Fenix Parent LLC (operating as Fenix Parts), Stellex Capital Management LLC
- Target
- Brothers Auto Parts
- Seller
- Brothers Auto Parts
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Addon
Fenix Parent LLC (operating as Fenix Parts), a Stellex-backed auto recycling and OEM parts reseller, completed its acquisition of the assets of Brothers Auto Parts in Indianapolis, Indiana. The deal expands Fenix's Midwest footprint (bringing the company to 24 full-service locations) and provides additional regional distribution and logistics access.
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- Buyer
- Camping World Holdings, Inc.
- Target
- Mount Comfort RV
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Camping World Holdings, Inc. announced it will acquire Mount Comfort RV in Greenfield, Indiana, a dealership selling Forest River, Coachmen, Tiffin, Newmar and Winnebago products. The acquisition — expected to close in Q4 2023 — expands Camping World's footprint in Indiana to three locations and strengthens its retail and service capabilities in the state.
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March 29, 2023
- Buyer
- Tsunami Express, Point72 Hyperscale
- Target
- Pride's Express
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Addon
Tsunami Express, a data-enabled express car wash platform backed by Point72 Hyperscale, has acquired Pride's Express, a three-location express car wash business based in Goshen, Indiana. Tsunami will operate the sites under the Pride's Express brand and leverage its marketing, automation and AI-enabled platform to optimize pricing, marketing, and customer retention as it expands its Midwest network.
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- Buyer
- Penske Automotive Group
- Target
- Terry Lee Hyundai (Noblesville), Genesis of Noblesville
- Seller
- Terry Lee
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Penske Automotive Group has acquired Terry Lee Hyundai and Genesis of Noblesville from owner Terry Lee. The acquisition expands Penske's franchise footprint in the Indianapolis metropolitan market and brings the dealerships' employees under Penske's operations.
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March 15, 2022
- Buyer
- DexKo Global Inc., Dexter Axle Company
- Target
- HiSpec Wheel & Tire, Inc.
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
DexKo Global Inc., through its wholly-owned subsidiary Dexter Axle Company, acquired HiSpec Wheel & Tire, Inc., a Mishawaka, Indiana designer and supplier of aluminum and steel wheels, tires and related accessories for RV, trailer and transportation markets. The acquisition expands Dexter/DexKo's product offering and strengthens its position in safety-related towing products and OEM/distribution channels.
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September 17, 2021
- Buyer
- XLerate Group
- Target
- Clark County Auto Auction
- Seller
- Fetter family, Matt Fetter
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Carmel, Indiana-based XLerate Group has acquired Clark County Auto Auction (CCAA), a third-generation, family-run dealer auction based in Jeffersonville, Indiana. CCAA will continue to be operated by Paul Fetter as general manager while XLerate integrates the location into its network of regional auction brands to expand its platform footprint in the Midwest.
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July 22, 2020
- Buyer
- Amynta Group
- Target
- Pivotal Solutions Inc.
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Buyout
Amynta Group has acquired Pivotal Solutions Inc., a Fishers, Indiana-based provider of F&I (finance & insurance) solutions, training and development for automotive dealer groups. The acquisition establishes Amynta Dealer Services' presence in the U.S. Midwest and will keep Pivotal operating under its current leadership to continue serving dealer clients.
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- Buyer
- Funds advised by Apax Partners, Periphas Capital, L.P.
- Target
- KAR Auction Services, Inc. d/b/a KAR Global
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Growth capital
KAR Auction Services (d/b/a KAR Global) placed $550 million of newly issued perpetual convertible preferred stock in a strategic financing led by funds advised by Apax Partners with participation from Periphas Capital. The capital will support KAR’s operational recovery from COVID-19, accelerate its digital transformation and sustain its technology platforms and development pipeline.
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March 12, 2020
- Buyer
- Mammoth Holdings, LLC, Red Dog Equity LLC
- Target
- Shine On Carwash
- Seller
- Jeff Robb, Jamie Robb
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Addon
Atlanta-based conveyor car wash operator Mammoth Holdings acquired Shine On Carwash, a two-unit express conveyor car wash operator in Evansville, Indiana. Shine On founder Jeff Robb reinvested in Mammoth and will remain in a management role; Mammoth's corporate development is supported by equity partner Red Dog Equity and debt financing from Monroe Capital.
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- Buyer
- Torque Capital
- Target
- Remy Aftermarket (North American and European light vehicle aftermarket business of Remy, Inc.)
- Seller
- BorgWarner Inc.
- Industry
- Automotive
- Location
- Indiana, United States
- Type
- Divestiture
Torque Capital's investor group has completed the purchase of the North American and European light vehicle aftermarket business of Remy, Inc. from BorgWarner Inc., acquiring Remy's North American rotating electrical remanufacturing business, the Maval power steering business, and Remy Europe rotator remanufacturing operations. The deal creates a standalone Remy aftermarket business with David Nichols named president of the North American company.
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Frequently Asked Questions
What types of automotive companies are being acquired in Indiana?
The page includes acquisitions across dealership retail (including RV), aftermarket parts and driveline products, collision/PBE distribution supply, express car wash operations, and F&I/dealer training services.
Which 2026 acquisitions are listed for Indiana?
Two 2026 Indiana deals are listed: Alliance RV, LLC acquiring Midwest Automotive Designs (Elkhart) on 2026-02-10, and Matt Bowers Automotive Group acquiring Bill Estes Chrysler Dodge Jeep Ram (Brownsburg) on 2026-02-02.
Do the deals include both retail dealerships and parts suppliers?
Yes. Examples include dealership and RV retail acquisitions (e.g., Fun Town RV and Camping World) as well as supplier/aftermarket expansions (e.g., Moser Engineering, DexKo Global/Dexter Axle, and Auveco).
Is Indiana growth shown only through new locations?
Not only. Some transactions focus on acquiring assets or product lines (e.g., GearFX Driveline assets; ClipLizard-related technology), while others expand operating footprints through dealership or service network additions.