Grant, together with two completely different companions, offered a majority stake in a Stellantis retailer in close by White Plains, N.Y., to LMP Automotive Holdings Inc. in October 2021.
LMP additionally was supposed to amass a majority stake in Central Avenue Chrysler-Jeep-Dodge-Ram in a deal that was introduced in March 2021 however was later terminated.
LMP later offered the White Plains dealership to Tasca Automotive in October 2022.
In January, Tasca Automotive additionally purchased a three-brand dealership, additionally in Yonkers.
The group on Jan. 24 purchased Smith-Cairns, a Ford-Mazda-Subaru dealership, from Dwight McGuirk, Tasca Jr. mentioned. The dealership was renamed Tasca Ford-Mazda-Subaru Yonkers.
It marks the primary Subaru dealership for the group and third Mazda retailer.
“We have been taking a look at Subaru for awhile,” Tasca Jr. informed Automotive Information in an interview. “It is an important model.”
Tasca Automotive additionally grew Dec. 16, when it purchased right into a Ford dealership in Missouri.
The group entered right into a partnership with Todd Crossley, seller principal of Gary Crossley Ford in Kansas Metropolis, Mo., and associate Terry Miller, who’s vice chairman and common supervisor of the dealership.
Tasca Jr. declined to specify his group’s possession stake in that retailer.
“We partnered with the Crossley workforce with the intent of rising collectively all through the Midwest,” he mentioned.
Missouri is a brand new state for Tasca Automotive, although it additionally has dealerships in Illinois.
The group on Dec. 5 purchased Gibbons Ford in Dickson Metropolis, Pa., north of Scranton, from John Develop. That retailer was renamed Tasca Ford Dickson Metropolis.
Rob Lee, director of the Northeast area for buy-sell agency Tim Lamb Group in Columbus, Ohio, represented the vendor within the transaction.
Tasca Automotive additionally has dealerships in Rhode Island, Connecticut, Florida and Massachusetts.
Tasca Jr., who owns the auto retailer with three of his cousins, mentioned the household enterprise, which is celebrating its eightieth anniversary in 2023, continues to search for acquisitions and anticipates extra development this 12 months.
The group has a number of dealerships beneath contract to shut all through 2023, he added.
“We must always have a really busy 12 months,” Tasca Jr. mentioned.