Insight
Classic Cars, LP's Sale of Classic BMW to Sewell Automotive Cos.
Insight
Classic Cars, LP's Sale of Classic BMW to Sewell Automotive Cos.
October 4, 2021
Winston & Strawn LLP represented Classic Cars, LP in its sale of Classic BMW to Sewell Automotive Cos., a private, family-owned and -operated dealership group. The transaction included a BMW dealership franchise and a MINI dealership franchise at the same location in Plano, Texas. Classic BMW has grown to be the largest BMW dealership by footprint in the United States, with a 160,000-sq. ft. building on 24 acres in Plano, Texas. This is the latest in a series of large car dealership transactions closed by Winston & Strawn.