Business
MD Johnson Inc. Advises Geoff Emery on the Sale of Porsche of Beverly Hills and Santa Monica Audi to Lithia & Driveway (LAD)
Lithia & Driveway (NYSE: LAD), the largest publicly traded automotive retailer in the world, today announced the acquisition of Porsche Beverly Hills and Santa Monica Audi. The transaction, exclusively advised by MD Johnson Inc. on behalf of Geoff Emery, is projected to contribute nearly $450 million in annual revenues to Lithia & Driveway.
About this update from Lithia Motors, Inc.
[{"type":"text","content":"BEVERLY HILLS, Calif., Nov. 12, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), the largest publicly traded automotive retailer in the world, today announced the acquisition of Porsche Beverly Hills and Santa Monica Audi. The transaction, exclusively advised by MD Johnson Inc. on behalf of Geoff Emery, is projected to contribute nearly $450 million in annual revenues to Lithia & Driveway.","length":403,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":266,"url":"https://media.zenfs.com/en/prnewswire.com/f4261d4911156a17ee2ba77e9d356663"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Kjsz2FQtVr8D.bsnugqRMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ2OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/f4261d4911156a17ee2ba77e9d356663","width":400,"height":266}},"href":"https://mma.prnewswire.com/media/2812219/MD_JOHNSON_INC_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Strategic Significance","length":22,"tagName":"p"},{"type":"text","content":"Located in the affluent West Side of Los Angeles, these dealerships serve Beverly Hills, Santa Monica, Bel Air, Holmby Hills, Brentwood, Hollywood, Venice, Pacific Palisades, Culver City, and Malibu. The dealerships are in what is widely regarded as the most prestigious luxury automotive market in the United States.","length":317,"tagName":"p"},{"type":"text","content":"Mark Johnson stated, "Both the Porsche dealership and Audi dealership are arguably close to, if not the top retailers of Porsche and Audi products in the U.S."","length":169,"tagName":"p"},{"type":"text","content":"Leadership Perspectives","length":23,"tagName":"p"},{"type":"text","content":"Geoff Emery, President and CEO of the dealerships and a respected industry leader with 34 years of service, expressed confidence in the transition:","length":147,"tagName":"p"},{"type":"text","content":""From the outset, Mark Johnson and Bryan DeBoer created a transaction that exceeded every expectation I had. I have complete confidence in Lithia and Bryan's exceptional team to take great care of my customers and my employees. It is Mark Johnson's remarkable expertise and Litha's exceptional team that got this transaction over the finish line"."...