Auto Group Sells Dealerships

By Staff Writer February 17, 2021

Haig Partners LLC, a buy-sell advisor to auto dealers, was the exclusive sell-side advisor to Fox Auto Group in the sale of their Toyota, Honda, Subaru and Chrysler-Jeep-Dodge-Ram dealerships in Auburn, N.Y. to Jonathan Sobel.

According to Haig Partners LLC., the “Fox” name is synonymous with upstate New York. Bill and Jane Fox are siblings and grew up in the business. Their father was a used-car wholesaler and put them to work cleaning cars. Over time, the pair went on to own up to 13 stores. The Foxes continue to build the next generation of dealers via a planned sale of their Sharon Chevrolet dealership to Michael Carrow, a 36-year employee.

“This group of dealerships is part of our legacy and we wanted to partner with the advisor that would listen to us and match us with a buyer who would share the respect we have for our customers and employees in Auburn,” Jane Fox said. “We wish Jonathan Sobel much success.”

William Kreienberg, a longtime advisor to Fox Auto Group, said “Jonathan Sobel is getting a high-quality organization that Bill and Jane have spent decades building. From the brands to the people of Auburn, we could not have asked for a better outcome for all those involved in the transaction.”

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Last modified on Wednesday, 17 February 2021 18:23