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Ford, Subaru, VW dealerships trade hands in Q3

November 4, 2022
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Kaplan Auto adds dealership in New Hampshire

Kaplan Auto Group on Sept. 15 added its fourth New Hampshire store, purchasing Dan O’Brien Subaru in Claremont.

The store, sold by Dan O’Brien Auto Group, was renamed Claremont Subaru. Claremont is east of the Vermont-New Hampshire border.

The sale allowed Dan O’Brien Auto to focus on other dealerships in Massachusetts and New Hampshire, according Nancy Phillips Associates, a buy-sell firm in Exeter, N.H., which represented the seller in the transaction.

Sheree Kaplan-Allen, president of the group, is the second-generation leader of the business started by her father, Jake, in the 1950s. Kaplan-Allen took over following her father’s death in 1991 and bought it in 1993, Kaplan-Allen told Automotive News.

In 2001, Kaplan Auto moved its headquarters from Providence to Warwick, R.I. The company expanded into its second state, Massachusetts, in 2006, then bought its first New Hampshire store, Milford Subaru, in 2015. Last December, it added a Toyota store in Rochester, N.H.

Kaplan-Allen said she visits her stores regularly. “I make my rounds,” she told Automotive News. “I live in the middle [of the store locations], so I go up to the highway and go either left or right.

“And every time I walk into one of those stores, I say, ‘I wish I could come here every day.’ ”

Eddy Allen, Kaplan-Allen’s son, will mark 10 years working for the business this January, she said. He is a 2022 Automotive News 40 Under 40 honoree.

Kaplan Auto now operates six dealerships selling five brands — Jaguar, Land Rover, Toyota, Mercedes-Benz and Subaru — in three states.

The company has another dealership acquisition expected to close in December, Kaplan-Allen said.

Romeo Auto adds Volkswagen dealership

Romeo Auto Group in early August acquired its fifth franchised dealership, said Joe Romeo, an executive manager for the group.

It purchased Volkswagen of Kingston in New York on Aug. 8 from Vinny DeGerolamo, Romeo told Automotive News. Kingston is between New York City and Albany.

The store was renamed Romeo Volkswagen of Kingston.

Romeo Auto is a family-owned business that has operated for more than 40 years, according to the group’s website. The group began in 1981 with a used-car dealership and purchased its first new-vehicle dealership in 2000, Joe Romeo said.

The family bought the Volkswagen dealership for its location, Romeo said.

This is the group’s third dealership in Kingston. All Romeo dealerships are in New York, where the Romeos are from, he said.

Romeo Auto also sells Chevrolet, Buick, GMC, Kia, Ford and Toyota vehicles. The group owns a used-car dealership, two collision centers and an auto repair shop as well, according to its website.

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