Atlanta, Feb 07 — Hacman Financial, an automotive consulting firm specializing in dealership mergers and acquisitions, served as the exclusive buy-side advisor to the Matt Bowers Automotive Group in its acquisition of Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana, from Asbury Automotive Group (NYSE: ABG). The transaction was finalized on February 2, 2026. The dealership will operate as Indy Chrysler Dodge Jeep Ram.
The acquisition marks the Matt Bowers Automotive Group’s first dealership location in Indiana, expands the group’s footprint across five states, and represents its third Chrysler Dodge Jeep Ram franchise.
“It was a pleasure working with Matt and his team,” said Dan Clara, Chief Operating Officer (COO) of Asbury. “I am tremendously proud of the business and reputation we built at Bill Estes CDJR. I also appreciated the opportunity to work again with David Hacman. I congratulate Matt and the entire Bowers organization. I look forward to seeing the continued growth of the Chrysler Dodge Jeep Ram brand.”
“With the completion of this transaction, our organization is proud to enter into the Indianapolis MSA and add another Stellantis dealership to our portfolio,” said Matt Bowers, Owner of the Matt Bowers Automotive Group. “I also want to thank David Hacman. It was a pleasure collaborating with a first-class M&A advisor throughout the process.”
“I am always grateful when a client chooses us to assist with their portfolio growth initiatives,” said David Hacman, President of Hacman Financial. “Matt is one of the most operationally driven and highly disciplined dealer principals I have represented, and it was an honor to work with him and assist in the successful completion of this transaction.”
Jeremy Hebert of Becker & Hebert, LLC served as legal counsel to the Matt Bowers Automotive Group. Daniel Johns, Kevin Sutton, Jill Bell, and Katherine Frazier of Hill Ward Henderson served as legal counsel to the Asbury Automotive Group.